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On this Wikipedia the language links are at the top of the page across from the article title. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. Old Greenwich has a population of 6,962 and a median household income of $222,794. Connecticut has for many years been labeled the richest state in the nation because of its highest-in-the-nation per capita income, but that may be rapidly changing according to figures from the U.S. Bureau of Economic Analysis. An average home value of just a little under $800,000 might seem like a fortune to most of us, but to the residents of Wilton, its little more than small change, at least if the median income of $193,292 is anything to go by. Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. However, the average house prices range from $1,5 million to $3 million. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. The average renter pays $2,336 per month. Just 16% of the homes are rentals. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. Look here. While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. Easton, CT Annual household income: $166,875, 13. Weston, CT Annual household income: 222,535, 3. The unemployment rate is 7.3% while the poverty rate is higher at 11.2%. In 2018, the average household income in its Old Greenwich. Woodbridge is another wealthy Connecticut town. The crime rate is practically non-existent, the median income is a stonking $139,122, the schools are some of the best in the state, and despite its relatively small size, it has a huge selection of restaurants, shops, cafes, and recreational venues to enjoy. Considering Connecticut isnt the cheapest state in the US to start with, that alone should give you some idea of just how rich this little city is. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. Most Dangerous Neighborhoods in Washington DC. Want to learn more about Westport? The unemployment rate is 3.2%, compared to the Fairfield County unemployment rate of 5.2%. 83% of the residents have a bachelors degree or higher, and the unemployment rate is low. Most of Connecticut's wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Head out on a fun getaway to these spots: Thank you! West Simsbury, CT Annual household income: $109,590, 19. In terms of per capita income, Connecticut is the richest state in the United States of America. 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. Its a small town of 10,354. The remaining six wealthy Connecticut communities, all in Greenwich, in order are. The financial news and opinion site 24/7 Wall St . The state is home to 91 of the US 100 most affluent zip codes. The next town on this list is Wilton. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. Zip Data lists West Hartford as one of the 20 richest cities in the state. Property values are high, the median sales price is $1,029,000. New Cannan, CT Average household income: $200,203.00 Living in New Canaan is like being surrounded by family. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. Its an Upper-Middle-Class town with a median household income of just under $141K. Theres a reason this state is one of the richest in the country. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. Ridgefield is also home to several conservation areas and preserves that provide a haven for wildlife such as deer, foxes, wild turkeys, and hawks. She also enjoys creative writing, content writing on nearly any topic (particularly business and lifestyle), because as a lifelong learner, she loves to do research and possess a high skill level in this area. 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. Youll find parades, festivals, and occasional pop-up art exhibitions. 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. It's also very well educated, with over half of its residents having a college degree. Chris Kolmar has been in the real estate business for almost ten years now. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. Fairfield County towns have made yet another list of the richest places in the U.S. There are also plenty of parks throughout the town including Waterside Park which offers a great view of Long Island Sound as well as tennis courts and playgrounds for children. Liz loves the process of researching information, learning new things, and putting into words . The town also boasts one of the best school systems in all of Connecticut! Redding residents enjoy a peaceful life in a rural setting, away from the hustle and bustle of city living, yet still within a 1.5 hour drive to Manhattan. With its quaint downtown, beautiful homes, and friendly people, its no wonder that Ridgefield was named one of the top 100 small towns in America by Money magazine! When you learn that the average cost of a single-family home is $1,150,400 and the median income is $206,466, youll be left in no doubt. The second wealthiest town in Connecticut is Riverside. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. 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. It has a great location, close to major highways and a short drive from New York City. OnlyInYourState may earn compensation through affiliate links in this article. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. It's also one of the most expensive places to live in the country, with a median home price of over $1.5 million. With 733 . Related: The 10 Wealthiest Neighborhoods in San Francisco. Fairfield is one of the richest towns and among the best places to live in Connecticut. 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. Above is a fundraiser at the famous Glass House in New Canaan. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. The median house price in Westport is approximately $1.5 million. Living in New Canaan is like being surrounded by family. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . 96% of the residents are homeowners with a median home value of $868,200. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. If you love the outdoors, check out the beautiful. The median income in Danbury is $67,430 helping to secure its 5th place ranking. Connecticut has a large number of wealthy towns and cities with high incomes among its residents, but this does not mean that every resident of Connecticut lives in a wealthy area. Let's go! 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. Isn't it grand to see Granby here in the top ten safest places in Connecticut. The Population is 8,843 in this close-knit community. 89.3% of the homes are occupied by their owners, with 10.7% as rentals. The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. The unemployment rate is just 3.1%, with an average commute of 33 minutes. Fairfield is also very safe and has low crime rates. DARIEN, CT Darien is the wealthiest town in Connecticut, where the median household income is more than $200,000, according to a new report. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. Riverside, CT Annual household income: $215,791, 5. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. It has a population of 33,900 residents. Its a great place for families and young professionals to live. If youre planning a move to Tennessee, then youll be happy to know that there are some areas that are among the most beautiful in scenery as the landscape changes from one season to another. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. As one of the Nutmeg state's oldest towns, it also represents one of the richest. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. 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. New Canaan and other wealthy towns made it onto the state's list of "disproportionately impacted areas" for favorable treatment in the marijuana legalization rollout, due to a quirk in the data. The city has grown over the past decade, increasing from 8,223 residents to 9,110. Its also one of the wealthiest towns in Connecticut, with a median annual income per family of $180,057. Its a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. With a median household income of $1,471,700, this is no place for people on a shoestring budget. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. 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. If you thought that renting would help cut costs to a more reasonable level, think again according to Niche, the average cost of renting a home in this exclusive little city is over twice the national average at $2,469. West Simsbury is classified socioeconomically as an upper-middle-class zip code compared to other zip codes in Connecticut. The percentage of students eligible for participation in reduced or free lunch programs is 32.7%, which is low compared to many other cities in the state. Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . South Glastonbury is a small town with a growing population ranging from 4848 to 5651. 45.7% of the children in public schools are eligible for free or reduced lunch programs. Westport is one of the wealthiest towns in Connecticut. Westport residents live a good work-life balance with an average commute time of 44 minutes. Only 15% of the residents rent because most people there are homeowners. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. Riverside Profile Page with Infographics. If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. Avon is the home of 1,206 entrepreneurs. Most of the townspeople hold bachelors degrees or higher. The demographics data shows that 88.37% of the residents are white, with 83.9% of the public schools showing a student population that is 83.9% white with excellent test performance scores. Riverside is one of the wealthiest communities in Connecticut. Darian is on Long Island Sound and offers waterfront property for sale and for rent. The town has over 120 acres of open space and over 1,000 acres of parkland. If you dream of the quiet life, its ideal. Westport Profile Page with Infographics. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. 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. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. Hoping for a glimpse at some of those gorgeous views for which this town is known? Its one of the areas wealthiest communities, with the median annual household income at over $215k. Its quiet, with a population density of just over 2,000 people per square mile about half that of New York City. Most Expensively 2023. 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. Check them out: What are the oldest towns in Connecticut? It is also one of the most diverse towns in the state, with over 50% of its residents being foreign-born. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. The states median household income is $79,043, which means that half of all households in the state earn above this amount and half earn below it. Old Greenwich enjoys a low crime rate and excellent public schools. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. West Hartford, CT Annual household income: $142,197, 14. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. The richest town in Connecticut is Darien, with a median household income of $251,200. Shelton. There is a good reason that Norwalk was listed as one of the. COS COB, CT Annual household income: $136,261, 17. It has a population of 27,141. According to Wikipedia, Granby is a rural town, located in the foothills of the Litchfield Hills of the Berkshires, besides the suburban natured center, the outskirts of town are filled with dense woods and rolling hills and mountains. 25 Wealthiest Towns in the New York Suburbs, What are the Highest Paying Jobs in New York? Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. What is it like to live in Greenwich, CT? Here are the wealthiest towns in Connecticut. In fairness, the high prices arent unjustified. However, if you want to experience a slower rhythm of life in one of the richest towns in Connecticut, youll need to be prepared to pay up, as home prices are costly. We love the detailed statistics that give us a clear snapshot of the socioeconomic dynamics of the city. 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. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. The city is within a short distance of New York City, which offers residents all the amenities of the big city without the need to live there. Fairfield County is very close to New York City. The town center village is listed as a historic district on the National Register of Historic Places. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. Point 2 Point Homes advises that the small community of 8,779 people has an average household income of more than $200k per year. Greenwich is another of the wealthiest towns in Connecticut. The unemployment rate is 3%, which beats the state average by 4.1%. 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 Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. Actual ranking depends on what metrics are used, but in general, Connecticut ranks within the five wealthiest states in the country. Woodbridge, CT Annual household income: $205,541, 7. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. The schools are among the best in the state, making them the ideal place to raise a family. 10. However, depending on the neighborhood, you can also find more affordable housing. Darian, CT Annual household income: $232,523, 1. All Rights Reserved. The crime rate in this town is also very low with only 5% of residents reporting that they had been victims of crime during the last year. The local school system is also amongst the best in the state. The median household income at Cos Cob is $138,125. The majority are white-collar workers, just 4.96% in the blue-collar classification. The information presented in this article are based on data from theUS Census American Community SurveyandRedfin. 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? Renters pay an average of $1,361 per month. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . 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. What determines the overall wealth of a city? With a median household income of $1,471,700, this is no place for people on a shoestring budget. Fairfield. It also has a number of highly rated public and private schools, which can be a major plus for families with children. Below is a list of the wealthiest towns in Connecticut. 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. Grace Duffield / Hearst Connecticut Media file photo Its a desirable place to live if you can afford the costs. The median income is $80,896. The village also includes a historic mill complex and dam. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. Four Connecticut towns made the top 50 list (well, three depending on how you look at it): Darien, Old Greenwich, Riverside (Greenwich) and Westport. The average commute time from home to work is 35.7 minutes. All in all, Riverside is a town that offers a great quality of life to its citizens. Head to, Natalie is a writer and travel enthusiast who loves uncovering new places along the East Coast. Map of 25 Wealthiest Zipcodes in Connecticut Based on Average Adjusted Gross Income. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. To see the other wealthy places that made this list, take a look below. New Canaan is expensive, even by Connecticut standards: The median home value is $1.9M, compared to $350,897 for the state overall. The town is full of greenery and offers residents a tranquil vibe. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. 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. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. The unemployment rate for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. South Glastonburys Census results show a total of 2038 households in the town. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Westport is one of the richest towns in Connecticut with a median household income of $222,375. All of these towns are located not too far east of Greenwich . Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. This is our tenth time ranking the richest cities in Connecticut. Shelton has an extremely successful economy, with the 2nd lowest poverty level and lowest unemployment rate in Connecticut, at 5.4% and 4.9% respectively. Inflation-adjusted household income is one of the factors. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. The climate is better for persons with allergies, asthma, and other respiratory conditions. The first European settlement was established there in, Read More The 20 Best Places to Live in MassachusettsContinue, Already in the first quarter of 2016, vacation rental startup companies have attracted almost $100 million in investments across the United States and Europe. According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. Stamford Wikipedia/John 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. . The town is partly in Hartford County, with some areas in Middlesex County. The average home price in town is $780,000. Wilton, CT Annual household income: $193,292, 9. The greatest investment during 2015 has been in the alternative accommodations, Read More Where $100 million in Vacation Rental Startups is GoingContinue, Colorado is an incredible state to stay in if you are looking for a place with amazing weather, plenty of food, sports, cultural, and outdoor activities. Andreas Halvorsen - Net Worth: $6.3 Billion Andreas Halvorsen is a Norwegian billionaire businessman whose net worth of $6.3 billion makes him the 6th richest person in Connecticut. The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. Its a small, charming seaside community in the Town of Greenwich with a population of 6,873. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. 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. Darien residents live a good work-life balance with an average commute time of 39 minutes. Old Greenwich Profile Page with Infographics. What is it like to live in Greenwich, CT. New Canaan has a small-town feel with big-city amenities. 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.