New Canaan is situated right next to Darien and is also one of the richest towns in Connecticut. Related: The 10 Wealthiest Cities In New York. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. The city has grown over the past decade, increasing from 8,223 residents to 9,110. Only 15% of the residents rent because most people there are homeowners. We analyzed 21 places in Connecticut to determine where the 1% live. New Cannan, CT Average household income: $200,203.00, 8. Are you surprised by this list of the richest cities in Connecticut? CT proposal causes confusion, concern. Old Greenwich enjoys a low crime rate and excellent public schools. Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. Haar: Wealthy towns make CT cannabis list of 'impacted areas' The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. What Is The Richest Town In Fairfield County? - PartyShopMaine Here are the wealthiest towns in Connecticut. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. It's also very well educated, with over half of its residents having a college degree. All Rights Reserved. In fairness, the high prices arent unjustified. Avon is the home of 1,206 entrepreneurs. The town also boasts one of the best school systems in all of Connecticut! The unemployment and poverty rates are 7.9% and 8.5% respectively. You can find out more about him on LinkedIn or his website. Read More The 20 Safest Places To Live in TennesseeContinue, If you dont know what a HELOC is, dont feel stupid. Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. 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). But its worth it because Connecticut has some of the best opportunities for employment with the states overall unemployment rate holding steady with the national rate. Not all of the countries have a great reputation, Read More The 20 Best Places to Live in Latin AmericaContinue, There are quite a few reasons why people choose to live in areas that have low humidity. Old Greenwich is home to some of the wealthiest Connecticut residents. 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. The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. With an average home price of $641,500, mortgage payments here are no laughing matter although when you factor in the $157,448 median income, they suddenly get a lot more reasonable. According to homes.com, Ridgefield is one of the most expensive places in Connecticut to buy a home. Its one of the areas wealthiest communities, with the median annual household income at over $215k. Connecticut is one of the wealthiest states in the US. In fairness, you do get a lot of return for your investment. There are also several public parks located throughout Fairfield that offer great recreational opportunities such as tennis courts, baseball fields, basketball courts, and playgrounds for kids! People who live and work in Easton have a slightly higher income level. This is a carousel. 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. Norwalk, CT, USA 4. 18 Top-Rated Small Towns in Connecticut | PlanetWare Ned Lamont and General Assembly leaders to to focus on offsetting a potential property tax Armageddon. 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. 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. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Another one of the richest towns in Connecticut is Weston. 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. There is a good reason that Norwalk was listed as one of the best places to live in America. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. New Canaan is expensive, even by Connecticut standards: The median home value is $1.9M, compared to $350,897 for the state overall. Woodbridge is another wealthy Connecticut town. Darian is on Long Island Sound and offers waterfront property for sale and for rent. 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. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. It also has a number of highly rated public and private schools, which can be a major plus for families with children. 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. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. It has a population of 33,900 residents. Easton has excellent schools both public and private schools are available. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. The 10 Richest Cities In Connecticut For 2023 - HomeSnacks The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. The town is partly in Hartford County, with some areas in Middlesex County. Groton rounds out the list of richest cities in the number ten spot. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. 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. Top 10 Richest Cities in Connecticut 2023 - namecensus.com Riverside has a population of 8,843. However, depending on the neighborhood, you can also find more affordable housing. Darians median home value sits at around $1.7M thats more than double the national average. 20% of the residents pay rent, with 80% owning their homes. Essex Village is a highly desirable community to live in for the affluent. Its also one of the most expensive places to live in the country, with a median home price of over $1.5 million. The median income in Danbury is $67,430 helping to secure its 5th place ranking. The median sales price is residential sales data for 12 month period ending January 2023. However, the average house prices range from $1,5 million to $3 million. HomeSnacks is reader-supported. List of 25 Wealthiest Zipcodes in Connecticut; Rank Map Key Zipcode Zip Name County Adjusted Gross Income Median Household Income; 1: 06878: Riverside: Fairfield: $740130: Westport is one of the wealthiest towns in Connecticut. Darien has a population of 21,499. The 20 Most Affordable Places to Live in Connecticut - Money Inc The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. The median household income at Cos Cob is $138,125. Weston is in Fairfield County. Contact: nclunan@onlyinyourstate.com, The Cafeteria With Some Of The Best Home-Cooked Food In Connecticut, See Mermaids In Real Life Right Here in Connecticut At The Mystic Aquarium, This Rustic Restaurant In Connecticut Serves Up Heaping Helpings Of Country Cooking, The Terrifying, Deadly Plane Crash In Connecticut That Will Never Be Forgotten, Here Are The 8 Poorest Cities In Connecticut, Here Are The 10 Cheapest Yet Great Places To Live In Connecticut, The 9 Most Dangerous Cities in Connecticut, Here Are The 9 Most Dangerous Places In Connecticut After Dark, Whittemore Glen State Park in Naugatuck, Connecticut, Bluff Point State Park in Groton, Connecticut. 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. 22 overall, with average household income at $270,222. South Glastonburys Census results show a total of 2038 households in the town. 4.2% of public school students are eligible for free or reduced lunch, and test performance in the public schools for Redding is excellent. Here Are The 10 Richest Cities In Connecticut - OnlyInYourState Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . With Connecticut being so close to New York City, it has become a favorite place for wealthy New Yorkers looking to buy a quaint, suburban home. The average household income in Woodbridge is $96,919, and the median home price is $595,000. The average home price in Old Greenwich is $1.8 million. The next richest town in Connecticut is Ridgefield. I Spent a Day in One of America's Richest Cities: Greenwich, CT Theres usually something going on for recreation and entertainment in the town and surrounding areas. The median home value is steep at $1,382,800 for 2022. Only 16 states were represented in the top 100. The majority are white-collar workers, just 4.96% in the blue-collar classification. The upside to all those sky-high prices is a median income that ranks as one of the highest in the state. The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. 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. In Essex Village, the median income for married people with families is $172,302 for married people with families, and slightly lower for unmarried with families. Stamford, CT Annual household income: $152,102, 11. $55,137 is the median income in this city while the unemployment and poverty rates are 7.5% and 13.4% respectively. South Glastonbury, CT Annual household income: $135,596, 18. Four of the top 20 are places in New York, including Brookville village. As at 2019, Connecticut had a per capita income of $44,496. Southports location near New York City also makes it attractive for commuters working there. Milford, CT - HomeSnacks Shelton. Chris Kolmar has been in the real estate business for almost ten years now. Dariens median home value is $1,654,00. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. Fairfield is a moderate-sized city in Fairfield County. The median income is $80,896. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. On top of all these benefits, Westport is also an attractive place for people who want to start businesses because they can get affordable office space and high-quality amenities like restaurants and nightlife. It has an average household income of $204,792, and the home prices range between $600,000-$800,000. The remaining six wealthy Connecticut communities, all in Greenwich, in order are. The information presented in this article are based on data from theUS Census American Community SurveyandRedfin. Stamford Wikipedia/John On this Wikipedia the language links are at the top of the page across from the article title. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. The state is home to 91 of the US 100 most affluent zip codes. Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. Until the federal government takes its regulatory role seriously and uses the big stick that it has, corporations will attempt to self-regulate M&T urged to end 'banking desert' in Bridgeport neighborhoods, 'Candlewood' horror movie drops trailer inspired by local urban legends, Four Fairfield businesses fail February health inspections, Warrant: Ex-New Fairfield 'lunch lady' sent nude images to student on Snapchat for months before sex assault, Police make up 19 of Trumbull's top 20 highest paid employees, Former CT girls soccer coach pleads guilty to sexually assaulting player, Bridgeport man broke into Norwalk homes while families slept inside, warrants said, The Best Private High Schools Near Stamford, The Best Private Preschools Near New Haven, Guide to Legal Cannabis Dispensaries in CT, Why CT waits for $95 million from OxyContin maker Purdue Pharma, HUSKY Health is helping immigrants. Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. The richest town in Connecticut is Darien, with a median household income of $251,200. the average home value is $1,471,700. What makes some cities more prosperous than others? 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. Check them out: What are the oldest towns in Connecticut? It is an affluent community that has a population of 20,622 individuals, and the majority of its residents, 80.1%, have completed at least a bachelors degree. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . 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. 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. Property values are high, the median sales price is $1,029,000. It is a picture-perfect neighborhood in the Town of Greenwich with beaches, highly rated schools, and an easy train ride to NYC. 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. Its in Hartford County. There are also several golf courses in town that draw a lot of people from around the world. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. 14 Richest Towns in Connecticut (2022) | PropertyClub Want to learn more about Old Greenwich? With a population of 20,622 inhabitants, the average income per household is $145,244. The town has the highest percentage of residents who are wealthy, at about 30 percent. In 2018, the average household income in its Old Greenwich. The average price of a home is $611,500, nearly three times the national average. What you might love just a little less is how excruciatingly expensive it is to live here although theres an (admittedly very small) selection of housing options on the reasonable end of the spectrum, there are enough hugely expensive properties to push the median home value to a whopping $1,355,800. Stamford is a city in Fairfield County with a population of 14,499. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. Ridgefield, CT Annual household income: $206,560, 6. What are the most charming small towns in Connecticut? The 10 Richest People in Connecticut - Money Inc Want to know where Connecticuts 17 billionaires and 122,000 millionaires live? Were just going to leave this right here. Whenever any publication compiles a list of Americas richest cities, theres one name you can always count on seeing Old Greenwich. Weston is also one of the best places in Connecticut to raise a family. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. Besides these, Colorado has ongoing employment opportunities in aviation,, Read More The 10 Cheapest Places to Live in ColoradoContinue. To see the other wealthy places that made this list, take a look below. What is it like to live in Greenwich, CT? Most of Connecticut's wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Some haulers caught, Arming guidance counselors? 14 Richest Towns in Connecticut Darien Riverside Westport Old Greenwich Wilton Weston Greenwich Southport New Canaan Avon Ridgefield Stamford Woodbridge Essex 1. After all, rich people have really high salaries. 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. 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. The Population is 8,843 in this close-knit community. If you can afford a mortgage, its the better way to go in Fairfield. Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. Jobs are plentiful in the area, with the working Population gainfully employed except for just 3.5%. Related: The 10 Wealthiest Cities In California. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . The average household income umped over $20k, but the cost of housing has also risen in this desirable community. Hoping for a glimpse at some of those gorgeous views for which this town is known? Its quiet, with a population density of just over 2,000 people per square mile about half that of New York City. Many of these towns are wonderful places to live due to their incredible verdant spaces and proximity to the city and ocean. Westport, CT Annual household income: $222,535, 4. Heck, the competition for the top ten richest places in The Constitution State was quite fierce, so to narrow down our list we decided to look at the 21 Connecticut cities with at least 9,000 residents. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. 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. The unemployment rate is just 3.1%, with an average commute of 33 minutes. What are the richest towns in Connecticut? Gold Coast (Connecticut) - Wikipedia And if you want to know where these wealthy Connecticutors live, take a look below at HomeSnacks list of the richest places in The Constitution State for 2023. 10 Wealthiest Towns in Connecticut (2023) - Suburbs 101 87% of the residents own their homes, and just 13% rent. Theres a reason this state is one of the richest in the country. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. However, it is true that overall, the Nutmeg State is richer than most. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. It is bordered by Rhode Island to the east, Massachusetts to the north, New York to the west, and Long Island Sound to the south. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. Thats right, folks, the Gold Coast didnt get its name because gold was found on Connecticuts beaches. DiscoverNet | The 10 Richest Cities in Connecticut The 10 Richest Cities in Connecticut - Most Expensively With a median household income of $129,919, it is home to approximately 25,033 people. If more people are employed, the richer the future looks. The town is also home to many hedge fund managers, bankers, and lawyers. 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. The village also includes a historic mill complex and dam. We aim to deliver bite-sized pieces of infotainment about where you live. 96% of the residents are homeowners with a median home value of $868,200. It's also one of the most expensive places to live in the country, with a median home price of over $1.5 million. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. The Census ranks individual city wealth by a formula that averages the household incomes, including the adjusted gross income and the average household income. Weston Profile Page with Infographics. 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. There are many things that families love about living in Wilton including its great school system, safe neighborhoods, and access to shopping centers. Its a desirable place to live if you can afford the costs. There are many things to do including going to the beach and shopping at the local malls. With a median income of $59,522, Naugatuck took ninth place. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. The median home value is $766,900, making it more affordable than some other affluent communities. Located in Fairfield County, Weston has a population of 10,354. 1. The financial news and opinion site 24/7 Wall St . Save my name, email, and website in this browser for the next time I comment. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns.
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