Theres usually something going on for recreation and entertainment in the town and surrounding areas. The average value of a home is just under $800,000, which is on par with the average household income. To find out which Connecticut cities are doing the best and why we compared the most recent data from the U.S. Census Bureau to our own city-level income data to determine Americas richest cities. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_2',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');So, what is the richest place in Connecticut? The 10 Richest Cities in Connecticut - Money Inc Being a coastal city, citizens have plenty of opportunities to spend their free time. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. In fairness, you do get a lot of return for your investment. Darien Profile Page with Infographics. America's millionaires are flocking to smaller cities. Take a look at Suburbs 101is an insiders guide to suburban living. This is a carousel. The 10 Richest People in Connecticut - Money Inc The third on the list is Westport. Safest Cities In Connecticut (Updated For 2021) - HomeSnacks In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. You're Really Wealthy If You Live In One Of These 6 CT - Patch The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. The Easton School District offers many different programs including art, music, and sports. These are some, Read More The 10 Richest Zip Codes In CaliforniaContinue, Florida has the longest coastline of any state in the contiguous United States. With 733 . The town has over 120 acres of open space and over 1,000 acres of parkland. The median household income is $99,791, and the average home price is $672,000. Ranks #10 in Cheapest Places To Live In Connecticut Map Of Milford, CT Best Places Around Milford 1 Mount Sinai, NY Population 10,446 2 Sound Beach, NY Population 7,080 3 Port Jefferson, NY Population 8,016 4 Orange, CT Population 13,928 5 North Haven, CT Population 23,665 6 Shelton, CT Population 41,162 7 East Haven, CT Population 28,645 8 As at 2019, Connecticut had a per capita income of $44,496. 1. Connecticut - Wikipedia 18 Top-Rated Small Towns in Connecticut | PlanetWare The richest town in Connecticut is Darien, with a median household income of $251,200. Riverside, CT Annual household income: $215,791, 5. The unemployment rate in this city is 10% and the poverty rate is 9.6%. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Newtown Borough as having a median household income of $140,625 (104.7% more than the U.S. median income). If you're looking for a fun day trip, you will really enjoy, The city of Bristol with a population of 60,437 is ranked number seven. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. Most of the townspeople hold bachelors degrees or higher. The community is predominantly white at 75.45% but is becoming more ethnically diverse than some of its neighboring towns, with a public school demographic of 68.9% white students. The 10 Best Places to Live on the West Coast of Florida, The 20 Best Places to Live in Massachusetts, Where $100 million in Vacation Rental Startups is Going, The 10 Cheapest Places to Live in Colorado, Eight Reasons to go to French Polynesias Marquesas Islands, How Lisa Rinna Achieved a Net Worth of $10 Million, 20 Cities with The Worst Weather in Europe, How Zac Stacy Achieved a Net Worth of $6 Million. The information presented in this article are based on data from theUS Census American Community SurveyandRedfin. The 10 Richest Cities in Connecticut - Most Expensively Fairfield is a moderate-sized city in Fairfield County. Isn't it grand to see Granby here in the top ten safest places in Connecticut. She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. Want to learn more about Weston? DiscoverNet | The 10 Richest Cities in Connecticut We begin our exploration of the best places to live in Connecticut for 2022 with Shelton, a city of 41,162 located between Bridgeport and New Haven. Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. 20. Liz loves the process of researching information, learning new things, and putting into words . On this Wikipedia the language links are at the top of the page across from the article title. There are lots of affluent communities in the Nutmeg State, and some of them are unassuming. 6. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. The town has attracted the rich and famous . Almost 6,300 communities met the criteria, which includes approximately 75% of total households in the U.S.". Its median income is $58,717. The 20 Richest Towns in Connecticut - moneyinc.com Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. Fairfield County is very close to New York City. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. Related: The 10 Wealthiest Cities In California. Citizens of COS COB have an average commute time from home to work of 31.9 minutes, suggesting they dont need to travel far for work. Visit Bloomberg for the full report. Learn how your comment data is processed. I Spent a Day in One of America's Richest Cities: Greenwich, CT Zip Data lists West Hartford as one of the 20 richest cities in the state. the average home value is $1,471,700. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. Located in Fairfield County, Darien residents have it all- pristine beaches, private Country Clubs and Yacht clubs, a charming downtown, and an easy train ride to NYC. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. The median household income at Cos Cob is $138,125. Home to over 136,309 people, Stamford is the richest city in Connecticut. While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. The average home price in Old Greenwich is $1.8 million. All of this combines to make the local housing market expensive. Learn more about the Homesnacks methods that were used to collect the data and how the statistics were calculated. Check them out: What are the oldest towns in Connecticut? The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. Thats right, folks, the Gold Coast didnt get its name because gold was found on Connecticuts beaches. Darian is an entire little town, and those that call it home enjoy lifes best with quaint shops, great places to dine, and plenty of recreational, shopping, and community event opportunities. Most homes were built in 1965 when the community saw its largest growth spurt. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. Related: The 10 Wealthiest Cities In Missouri. Here well take a look at 10 of the richest cities in Connecticut as of 2022 so you can get an idea of what makes them thrive and how you can take advantage of them. School test performance scores are above average, and 9.2% of students are eligible for free or reduced lunches at school. Only 16 states were represented in the top 100. 83% of the residents have a bachelors degree or higher, and the unemployment rate is low. The richest places in Connecticut are a lot like expensive diamonds; but, dont get it twisted, they are not by any means the diamonds in the rough. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. The average household income in Woodbridge is $96,919, and the median home price is $595,000. In terms of per capita income, Connecticut is the richest state in the United States of America. United States locations by per capita income, List of Connecticut locations by per capita income, United States counties by per capita income, "U.S. Census Bureau QuickFacts: Connecticut", "SELECTED ECONOMIC CHARACTERISTICS 2011-2015 American Community Survey 5-Year Estimates", "Profile of General Population and Housing Characteristics: 2010 Demographic Profile Data", U.S. states and territories by per capita income, List of United States counties by per capita income, Highest-income counties in the United States, Highest-income metropolitan statistical areas in the United States, Highest-income urban areas in the United States, Highest-income ZCTAs in the United States, Lowest-income counties in the United States, https://en.wikipedia.org/w/index.php?title=List_of_Connecticut_locations_by_per_capita_income&oldid=1133314595, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 13 January 2023, at 05:01. Both coasts have some, Read More The 10 Best Places to Live on the West Coast of FloridaContinue, Massachusetts is one of the most remarkable states in America. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. West Simsbury has 151,104 residents as of 2022. Wealthiest Towns in CT Final - Suburbs 101 New Canaan is one of the wealthiest towns in Connecticut with a median sales price of $1,155,000. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. It is a Fairfield County city home to many wealthy residents who enjoy private country clubs, yacht clubs, and pristine beaches. Like we said earlier, when we set out to identify the richest places in Connecticut, we werent sure what wed encounter, but it ended up being some of the best places to live in Connecticut. Riverside residents live a good work-life balance with an average commute time of 37 minutes. It is also one of the most diverse towns in the state, with over 50% of its residents being foreign-born. Rentals are much higher than most, with an average of $2,443 per month for non-homeowners. The high demand is getting harder to find places for sale. The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways. With salaries like that, most residents are having no problem in keeping up with those monster mortgage re-payments. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. Her academic degrees include AA social Sci/BA English/MEd Adult Ed & Community & Human Resource Development and ABD in PhD studies in Indust & Org Psychology. The average adjusted gross income is $222,660. Its among the top ten. The median income in Danbury is $67,430 helping to secure its 5th place ranking. Darian If you want to live in Darian, you'd better start saving. Head to, Natalie is a writer and travel enthusiast who loves uncovering new places along the East Coast. Living there isnt cheap, though. This site uses Akismet to reduce spam. It has an average household income of $204,792, and the home prices range between $600,000-$800,000. Home to some of the most affluent residents of Connecticut, Weston has a median household income of $222,535. The unemployment rate is just 3.1%, with an average commute of 33 minutes. Some work at private companies and governmental institutions. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. New Canaan is situated right next to Darien and is also one of the richest towns in Connecticut. Another one of the richest towns in Connecticut is Weston. and 10 Reasons to Move to Greenwich, CT. Wilton is recognized as one of the wealthiest towns in Connecticut with a median household income of $209,635. With a population of 20,622 inhabitants, the average income per household is $145,244. Ridgefield offers something for everyone from great schools to recreation for the whole family. Although the town only has 6,754 residents, the median income per capita is $91,618, which is well above the average median income in the US. According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". To see the other wealthy places that made this list, take a look below. Stamford Wikipedia/John Editors Note: Data has been updated for 2023. Many of these towns are wonderful places to live due to their incredible verdant spaces and proximity to the city and ocean. The city deserves its spot on the list as its well above the average US income. The average renter pays $2,336 per month. Less than an hour train ride from New York City, Greenwich gives the feel of a small town with all the amenities of the big city. Only 16 states were represented in the top 100. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. However, test score performance in the public school system gets a poor ranking. Most websites that report demographics for Connecticut list Darian, as the richest city in the state, but World Population confirms that Southport jumped into the number one spot with an incredible average household income of $310,831. Most of Connecticuts wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. There is a good reason that Norwalk was listed as one of the. The median home value is $766,900, making it more affordable than some other affluent communities. The communities in this city are close, and they love to sponsor community events for the residents and visitors. The Most Affluent, Richest, High-Income Places in the US We suspect that the recent pandemic took a toll on residents who lost their jobs, with some forced to relocate for more affordable housing. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. Darians median home value sits at around $1.7M thats more than double the national average. Weston Profile Page with Infographics. We then averaged all the rankings for a place into a Rich Score with the place having the lowest overall Rich Score, Shelton, crowned the Richest City In Connecticut For 2023. The small community has a population of 7,586 residents. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. The 20 Most Affordable Places to Live in Connecticut - Money Inc Renters pay an average of $1,361 per month. On the plus side, the median income of $190,227 is equally jaw-dropping. When you click through real estate links on our site, we earn an affiliate commission. Darien has a population of 21,499. 87% of the residents own their homes, and just 13% rent. The next town on this list is Wilton. There are also several golf courses in town that draw a lot of people from around the world. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. The schools are excellent and the town is beautiful, with tree-lined streets and old-fashioned townhouses. The 20 Best Places to Live with Low Humidity in the U.S. 20 Cities with The Worst Weather in Europe, How Zac Stacy Achieved a Net Worth of $6 Million. Located in Fairfield County, Weston has a population of 10,354. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. A town covered in vibrant nature, Avon is one of the richest towns in Connecticut. This year we asked our panel of experts to give some extra love to those restaurants where amore is on Nathan Spotts/Lauren Kinkade / Contributed Photo, Tyler Sizemore / Hearst Connecticut Media, Photos courtesy of William Pitt Sotheby's International Realty, H John Voorhees III / Hearst Connecticut Media, 2023 Hearst Media Services Connecticut, LLC, Just Salad restaurant celebrating grand opening in Fairfield, CTs Beardsley Bart makes his annual Groundhog Day prediction, Penny's Diner closes its Fairfield location after 40 years, Ppin, Sarandon talk food, joy of Rice Krispies at live CT show, New soul food restaurant, Everybody Eatz, opens in Bridgeport, Fairfield fried chicken restaurant Lovebird closes, CT Girl Scouts try to publish climate book after DiCaprio tweet, 29 Markle Ct, an upscale new American restaurant, now open, Carl Anthony Trattoria in Monroe relocating after 25 years, Manna Toast in Westport announces closing by year's end. Want to know where Connecticuts 17 billionaires and 122,000 millionaires live? 14 Richest Towns in Connecticut (2022) | PropertyClub The rankings are based on income and home value. Westport residents live a good work-life balance with an average commute time of 44 minutes. Dariens median home value is $1,654,00. All Rights Reserved. Fairfield. The town has a high concentration of people from New York City who commute to work here by train or car. Inflation-adjusted household income is one of the factors. The community is known for being tight-knit with safe streets, low unemployment rates, and top-notch schools. The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. It's also home to the state's only national historic site, Weir Farm. (and lowest paying jobs). COS COB is a Fairfield county city that extends to the border of the Stamford city limits. 78% of them have at least a bachelors degree. Greenwich is another of the wealthiest towns in Connecticut. Gov. With its safe streets, world-class schools, plentiful amenities, and tempting $163,945 median income, its a great place to call home if your bank balance meets the challenge. Related: The 10 Wealthiest Cities In North Carolina. The community is close-knit and safe, and while its not exactly the most buzzing of places, its calm serenity and lovely scenery are attractions in their own right. Easton is a cute little city located just a short hop, skip, and a jump away from the amenities and attractions of the New York City metro area. Research has shown that the climate of a location does have an impact on persons with moderate, Read More The 20 Worst Places to Live if you Have Arthritis in The U.S.Continue, If your dream is to live or explore in the wealthiest neighborhoods, California is the state for you. Although the town is small, youll find plenty of recreational venues, cafes, restaurants, and shops. Newtown Borough is being credited as the richest town in the state of Connecticut. The average commute time from home to work is 31 minutes. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. America's wealthiest people are starting to move into smaller cities, a new wealth report says. If you like close-knit communities with family-friendly vibes, well-respected schools, beautifully maintained parks, top-notch libraries, world-class restaurants, and a host of activities to get involved in (parades, festivals, pop up art exhibitions, shows the list goes on), then youre going to love New Canaan. The upside to all those sky-high prices is a median income that ranks as one of the highest in the state. 79.4% of the community are US-born citizens, with 11.73% born in other countries. HomeSnacks is reader-supported. Woodbridge is another wealthy Connecticut town. Stamford, CT Annual household income: $152,102, 11. Demographic studies show that 81.64% of the residents are white; however, only 42.4% of the children in the public schools are white, suggesting that the city is starting to diversify its demographic Population. The city has grown over the past decade, increasing from 8,223 residents to 9,110. Test performance scores in public schools are ranked as excellent. For example, those with families may, Read More The 20 Best Places to Live in OklahomaContinue, Austin, Texas is a thriving city that appeals to people from all walks of life. The town has its own train station and airport called Sikorsky Memorial Airport that allows residents to travel easily to Manhattan by train or plane. Connecticut towns make Bloomberg list of richest places, Owner of Tm brings authentic Mexican cuisine, art to Fairfield, St. Patrick's Day food and drink menus, parties around CT, Connecticut Magazine's 25 Most Romantic Restaurants in CT. Every year, Connecticut Magazine asks readers and experts for the state's best dining spots. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. Greenwich is synonymous with luxury real estate and wealth. People who live and work in Easton have a slightly higher income level. What are the richest towns in Connecticut? - Vim Buzz

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