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. View Map of 25 Poorest Zipcodes in Connecticut. Want to learn more about Old Greenwich? Fairfield County is very close to New York City. The community is known for being tight-knit with safe streets, low unemployment rates, and top-notch schools. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. Look here. Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. Four Connecticut towns made the top 50 list (well, three. 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. Its also one of the most expensive places to live in the country, with a median home price of over $1.5 million. Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. In fairness, the high prices arent unjustified. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. If you dream of the quiet life, its ideal. The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. Theres no law saying you have to be rich to live in Fairfield, but it does help, especially if you want to buy a property at some point. A relatively small town, it offers the opportunity of doing great outdoor activities. Its in Hartford County. 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. Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . 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. The bright side? Riverside residents live a good work-life balance with an average commute time of 37 minutes. Youll find parades, festivals, and occasional pop-up art exhibitions. Redding, Connecticut, is a small city with a population of 9,110. Want to learn more about Riverside? 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 town is home to many Fortune 500 companies such as General Electric and Terex Corporation. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . Learn how your comment data is processed. Stamford, CT Annual household income: $152,102, 11. 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. Old Greenwich Profile Page with Infographics. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. Ridgefield, CT Annual household income: $206,560, 6. Related: The 10 Wealthiest Cities In North Carolina. Darien is one of the wealthiest towns in Connecticut. Test performance scores in public schools are ranked as excellent. 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. There are plenty of shopping and fine dining venues in Riverside. 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. This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. In 2018, the average household income in its Old Greenwich. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. Westport Profile Page with Infographics. The average household income umped over $20k, but the cost of housing has also risen in this desirable community. With a population of 20,622 inhabitants, the average income per household is $145,244. Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. If the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. 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. 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. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. 20% of the residents pay rent, with 80% owning their homes. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. The town has a high concentration of people from New York City who commute to work here by train or car. When you click through real estate links on our site, we earn an affiliate commission. Riverside has a population of 8,843. 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. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. Darien has a population of 21,499. The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. Some work at private companies and governmental institutions. How Much Are Closing Costs in Texas & Who Pays Them. What is it like to live in Greenwich, CT. Check them out: What are the oldest towns in Connecticut? 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. On the plus side, the median income of $190,227 is equally jaw-dropping. The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. 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. Newtown Borough is being credited as the richest town in the state of Connecticut. The average household income in Woodbridge is $96,919, and the median home price is $595,000. 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. 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? Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. 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. The Upper Middle-Class neighborhood has an unemployment rate of 2.8% in its 06073 zip code compared to the Harford County rate of 6% and the state rate of 4.01%. Its a small, affluent community where the average commute time for workers is 35.5 minutes, and test performance scores for public school students are excellent. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. West Simsbury, CT Annual household income: $109,590, 19. Greenwich is another of the wealthiest towns in Connecticut. You can download the data here. 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. 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. Westport, CT Annual household income: $222,535, 4. Westport is one of the richest towns in Connecticut with a median household income of $222,375. 96% of the residents are homeowners with a median home value of $868,200. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. (and lowest paying jobs). Old Greenwich Profile Page with Infographics. Wilton steps it up a notch with an upper-class community that is home to a close-knit community, schools that offer prestigious educational opportunities for students, big homes, and safe streets. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. Only 15% of the residents rent because most people there are homeowners. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Hoping for a glimpse at some of those gorgeous views for which this town is known? Source: US Internal Revenue Service - 2018. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. Its an Upper-Middle-Class town with a median household income of just under $141K. The median sales price is residential sales data for 12 month period ending January 2023. 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. 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. So, want to know where its just as difficult to Keep up with the Connecticuters as it is The Kardashians? Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. The unemployment and poverty rates are 6.3% and 11.4% respectively. Only 16 states were represented in the top 100. 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. New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. It also has a number of highly rated public and private schools, which can be a major plus for families with children. 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. Besides these, Colorado has ongoing employment opportunities in aviation,, Read More The 10 Cheapest Places to Live in ColoradoContinue. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. Are you surprised by this list of the richest cities in Connecticut? The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. Easton, CT Annual household income: $166,875, 13. Most homes were built in 1965 when the community saw its largest growth spurt. Fairfield County is very close to New York City. Redding has a median home sales price of $1,030,000 and a median household income of $138,125. The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. Home to over 136,309 people, Stamford is the richest city in Connecticut. Its one of the areas wealthiest communities, with the median annual household income at over $215k. Most Expensively 2023. And that makes living in the state expensive. Well, HomeSnacks crunched the numbers and discovered that Stamford is the most expensive place to live in Connecticut. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. The average home price in town is $780,000. New Cannan, CT Average household income: $200,203.00 Living in New Canaan is like being surrounded by family. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. Expensive homes and big salaries arent the only things the population of this small city get to enjoy: with New York City just a stones throw away, a close-knit community, prestigious schools, safe streets, and plenty of green areas, its every bit as desirable as it is wealthy. Old Greenwich is home to some of the wealthiest Connecticut residents. There is a good reason that Norwalk was listed as one of the best places to live in America. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. Ridgefield is also home to several conservation areas and preserves that provide a haven for wildlife such as deer, foxes, wild turkeys, and hawks. 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. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. The median home value is $766,900, making it more affordable than some other affluent communities. Gov. Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. 1. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. Education Levels The average home value is $650,400. Actual ranking depends on what metrics are used, but in general, Connecticut ranks within the five wealthiest states in the country. Suburbs 101is an insiders guide to suburban living. Keep reading. Greenwich is synonymous with luxury real estate and wealth. Head out on a fun getaway to these spots: Thank you! It is a Fairfield County city home to many wealthy residents who enjoy private country clubs, yacht clubs, and pristine beaches. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. Avons diversity rate is better than most of its neighboring communities. Download The Entire Connecticut Ranking Data. Although the town is small, youll find plenty of recreational venues, cafes, restaurants, and shops. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. 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. With a median income of $59,522, Naugatuck took ninth place. It has a population of 33,900 residents. However, depending on the neighborhood, you can also find more affordable housing. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. Almost 6,300 communities met the criteria, which includes approximately 75% of total households in the U.S.". 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. South Glastonburys Census results show a total of 2038 households in the town. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. Easton is a great place to raise a family because it has a good school system. New Canaan is one of the wealthiest towns in Connecticut with a median sales price of $1,155,000. Groton rounds out the list of richest cities in the number ten spot. 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. In a city with a population of 52,005, the median income came in at $81,971. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. The unemployment rate is lower than the state rate of 4.1% and the national rate of 3.9%. Want to learn more about Greenwich, CT? The town center village is listed as a historic district on the National Register of Historic Places. 91.82% of the Population is white, with 87.8% white students in the public school system. As to which are the very wealthiest, find out now as we count down the 10 richest cities 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. In fairness, you do get a lot of return for your investment. She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. 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. 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. Four of the top 20 are places in New York, including Brookville village. 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. In terms of per capita income, it beats the nearest competition by a huge margin of almost $4000. Related: The 10 Wealthiest Neighborhoods in San Francisco. $55,137 is the median income in this city while the unemployment and poverty rates are 7.5% and 13.4% respectively. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. 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. 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. 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. South Glastonbury is a small town with a growing population ranging from 4848 to 5651. With an average household income of $236,892 per year, it is one of the richest towns in the state. 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. The 20 Worst Places to Live if you Have Arthritis in The U.S. It's also home to the state's only national historic site, Weir Farm. The schools are among the best in the state, making them the ideal place to raise a family. The unemployment rate is 8.0% and the poverty rate is 8.9%. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. The average adjusted gross income is $222,660. Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. 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.