The town is home to many Fortune 500 companies such as General Electric and Terex Corporation. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. A rain garden is an area dug slightly below the surrounding area that can catch and collect rainfall and keep it from carrying pollutants downstream. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. Use Next and Previous buttons to navigate. 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 Wilton, CT Annual household income: $193,292, 9. In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. Hoping for a glimpse at some of those gorgeous views for which this town is known? It has a great location, close to major highways and a short drive from New York City. The next town on this list is Wilton. The town has attracted the rich and famous . 2015-2023 Chasing Chains, LLC. Its also far below the national average rate of 3.9%. Greenwich is synonymous with luxury real estate and wealth. Test performance scores in public schools are above average, slightly lower than in Ridgefield. Weston is also one of the best places in Connecticut to raise a family. (and lowest paying jobs). Southports location near New York City also makes it attractive for commuters working there. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. Related: The 10 Wealthiest Cities In New York. All Rights Reserved. The second wealthiest town in Connecticut is Riverside. Stamford, CT Annual household income: $152,102, 11. Its also very well educated, with over half of its residents having a college degree. A handful of factors, from the number of businesses in an area to its median income, have an impact on whether residents are thriving or struggling financially. 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. 45.7% of the children in public schools are eligible for free or reduced lunch programs. The average home value is $1,150,400. Connecticut is home to some of the wealthiest people in America. Visit Bloomberg for the full report. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. Here are the wealthiest towns in Connecticut. Not to mention, if youre looking to get your kid into a university that produces more millionaires than the Connecticut Lottery, theres the University of Connecticut in Storrs and Yale University in New Haven. 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. Old Greenwich enjoys a low crime rate and excellent public schools. Its a city of high-earners who live the high life enjoying their private yacht and country clubs, with access to the citys pristine beaches. This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. Theres a reason this state is one of the richest in the country. Its also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. As of the 2020 census, the population was 1,710. There is a good reason that Norwalk was listed as one of the best places to live in America. Darian is on Long Island Sound and offers waterfront property for sale and for rent. In fairness, the high prices arent unjustified. With salaries like that, most residents are having no problem in keeping up with those monster mortgage re-payments. If youre in the market for a decently sized family home, dont expect to get much change from $1,283,146 a staggering amount, even by Connecticuts standards. 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. Weston is one of the richest towns in Connecticut with a median household income of $207,863. Want to learn more about Riverside? Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. The town center village is listed as a historic district on the National Register of Historic Places. the average home value is $1,471,700. The bright side? 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 Population for 2020 was 1,797, but it has grown to 1,839 for 2022. The third on the list is Westport. With a population of 63,518, Greenwich is an upscale community with a median household income of $180,44. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. Four Connecticut towns made the top 50 list (well, three. Darien residents live a good work-life balance with an average commute time of 39 minutes. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. Another one of the richest towns in Connecticut is Weston. The town is partly in Hartford County, with some areas in Middlesex County. A median income that sits at a mammoth $352,839. 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. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. Its a small town of 10,354. The high demand is getting harder to find places for sale. 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. Bloomberg reports that in Atherton, "the cheapest house on the market is currently listed for $2.5 million, according to real estate marketplace Zillow.com. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Weston, CT Annual household income: 222,535, 3. It is located about 29 miles northeast of New York City, offering residents an easy commute to the city. On the plus side, the median income of $190,227 is equally jaw-dropping. The poverty rate is remarkably low at 1.12%, with median rent at $1,832 per month. Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. What is it like to live in Greenwich, CT. In the last year, its got even wealthier thanks to the influx of wealthy Wall Street types that have abandoned Covid stricken New York for the attractions of this exclusive enclave according to Business Insider, over 1300 of them have made the move since the pandemic started. Unexpectedly, after looking at the median income of residents, along with poverty levels and unemployment rates, we found that wealth is spread throughout the state. 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 median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. Depending on individual tastes, personal circumstances, and the stage of life a person is at, everyone has different criteria in terms of what makes a great place to live. 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. Some haulers caught, Arming guidance counselors? Middle-class and affluent, finding somewhere that doesnt test the limits of your credit card can be a chore, particularly if you reserve your home finding to Fairfield County, a place that boasts some of the wealthiest communities in the entire US. However, the average house prices range from $1,5 million to $3 million. Its a great place to raise kids, with top-rated schools and safe streets. This site uses Akismet to reduce spam. The schools are excellent and the town is beautiful, with tree-lined streets and old-fashioned townhouses. Rentals are much higher than most, with an average of $2,443 per month for non-homeowners. Its also a great place for students who want to attend college because it has many colleges and universities nearby such as the University of Connecticut, Yale University, Quinnipiac University, and Sacred Heart University. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. Head to, Natalie is a writer and travel enthusiast who loves uncovering new places along the East Coast. Being a coastal city, citizens have plenty of opportunities to spend their free time. Newtown Borough is being credited as the richest town in the state of Connecticut. Head out on a fun getaway to these spots: Thank you! Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. The average family home retails for a massive $611,500, almost three times the national average. Old Greenwich has a population of 6,962 and a median household income of $222,794. Weston Profile Page with Infographics. Well, HomeSnacks crunched the numbers and discovered that Stamford is the most expensive place to live in Connecticut. Only 16 states were represented in the top 100. Whenever any publication compiles a list of Americas richest cities, theres one name you can always count on seeing Old Greenwich. You'll receive your first newsletter soon! Source: US Internal Revenue Service - 2018. Not that there isnt more to it than that with a vibrant food scene, a charming historic district, gorgeous parks, and a great selection of shops, it offers premium living at an admittedly premium price tag. The seaside neighborhood is a part of the Town of Greenwich, nestled on the beautiful waterfront with homes on its private beaches and all of the quaint little shops and dining venues the heart could desire. Among Connecticut cities and towns, the wealthiest are the big spenders Easton has excellent schools both public and private schools are available. Here are the 10 richest places in Connecticut for 2023: Shelton Milford Stamford Naugatuck Bristol Danbury Norwalk Middletown Norwich West Haven With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. There are many factors that go into determining how rich or poor an area in Connecticut is, and the typical residents income can vary greatly from one place to another. Stamford Wikipedia/John To compiler their 2020 list of the 50 richest places, Bloomberg "evaluated inflation-adjusted household data for all U.S. locations with a minimum of 2,000 households (as defined by the Census), and ranked them based on average household income. Ned Lamont and General Assembly leaders to to focus on offsetting a potential property tax Armageddon. Rich people not your cup of tea? The unemployment rate is 7.3% while the poverty rate is higher at 11.2%. Theres usually something going on for recreation and entertainment in the town and surrounding areas. New Canaan has a small-town feel with big-city amenities. The median house price in Westport is approximately $1.5 million. The average commute time from home to work is 35.7 minutes. Avon is the home of 1,206 entrepreneurs. 25 Wealthiest Towns in the New York Suburbs, What are the Highest Paying Jobs in New York? Chris Kolmar has been in the real estate business for almost ten years now. The upscale community attracts residents who commute to New York City because its easy train ride to Manhattan. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. Known for its luxury waterfront homes, Old Greenwich has a median sales price of $2,063,000. 10 Wealthiest Towns in Connecticut (2023) - Suburbs 101 Riverside residents live a good work-life balance with an average commute time of 37 minutes. Most of the residents have gainful employment with high-paying jobs. The largest city in Litchfield County, Torrington, grabs the number eight spot. 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. If you plan to rent in the city, plan on paying double the national average as apartments and homes go for $2,469 per month. 6. The town has the highest percentage of residents who are wealthy, at about 30 percent. She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. What are the richest towns in Connecticut? - Vim Buzz 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. The city has grown over the past decade, increasing from 8,223 residents to 9,110. 14 Richest Towns in Connecticut Darien Riverside Westport Old Greenwich Wilton Weston Greenwich Southport New Canaan Avon Ridgefield Stamford Woodbridge Essex 1. Flavian Johnny is the founder of Mostexpensively.com - a blog that serves as an invaluable resource for expatriates and travelers looking for something special and unique. Is Connecticut still the richest state in the nation? Barely A CT bill would expand it fur, Is CT recycling going into the trash? The 10 Wealthiest Neighborhoods in San Francisco, median household income of nearly $243,750, The 10 Wealthiest Cities In North Carolina, median household income in Wilton is $204,473, population of just over 20,249 (2020) people, median home value in Easton is over $772,758, The 10 Richest Cities in Michigan Based on Median Income, The 10 Richest Neighborhoods in New York City, The 10 Wealthiest Cities in Georgia Based on Median Income, The 10 Wealthiest Cities in California Based on Median Income, The 10 Wealthiest Cities in Illinois Based on Median Income, The 10 Wealthiest Cities in Missouri Based on Median Income, The 10 Wealthiest Cities in North Carolina Based on Median Income, The 10 Wealthiest Cities in Maryland Based on Median Income. Download The Entire Connecticut Ranking Data. What are the richest towns in Connecticut? There are also several golf courses in town that draw a lot of people from around the world. Riverside also offers residents a quick commute into NYC. The 10 Richest Cities in Connecticut - Money Inc A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth.