richest towns in connecticut
The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. Darian, CT Annual household income: $232,523, 1. Darian is on Long Island Sound and offers waterfront property for sale and for rent. The median income is $80,896. 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. Let's go! The richest town in Connecticut is Darien, with a median household income of $251,200. [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. Southport has a long history as a summer resort and residential community. With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. 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. Essex is another one of the richest 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. Weston is in Fairfield County. Its the place where many believe this country originated, being home to the historic city of Plymouth. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. The unemployment rate is lower than the state rate of 4.1% and the national rate of 3.9%. 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. Zip Data lists West Hartford as one of the 20 richest cities in the state. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Point 2 Point Homes advises that the small community of 8,779 people has an average household income of more than $200k per year. The unemployment and poverty rates are 6.3% and 11.4% respectively. It is also one of the most diverse towns in the state, with over 50% of its residents being foreign-born. The community is known for being tight-knit with safe streets, low unemployment rates, and top-notch schools. Related: The 10 Wealthiest Cities In California. Youll find a community of 1,300 Wall Street execs and affiliates living in Old Greenwich, Connecticut. Get the inside scoop on what its really like to live in the suburbs through our interviews with local suburbanites and features on Food, Fashion, Home, Garden, Travel, Pets, Real Estate and Local Events. With a population of 63,518, Greenwich is an upscale community with a median household income of $180,44. Most of Connecticut's wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Inflation-adjusted household income is one of the factors. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. If you plan to buy a home in New Canaan, the average price is $1.36 million. Westport is one of the wealthiest towns in Connecticut. Jobs are plentiful in the area, with the working Population gainfully employed except for just 3.5%. Most homes were built in 1965 when the community saw its largest growth spurt. Grace Duffield / Hearst Connecticut Media file photo To see the other wealthy places that made this list, take a look below. The average commute time from home to work is 35.7 minutes. Darians median home value sits at around $1.7M thats more than double the national average. West Simsbury, CT Annual household income: $109,590, 19. Old Greenwich Profile Page with Infographics. 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! The unemployment rate is 7.3% while the poverty rate is higher at 11.2%. The state is home to 91 of the US 100 most affluent zip codes. 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. Darian If you want to live in Darian, you'd better start saving. In fairness, the high prices arent unjustified. 4.2% of public school students are eligible for free or reduced lunch, and test performance in the public schools for Redding is excellent. Head out on a fun getaway to these spots: Thank you! The unemployment rate is just 3.1%, with an average commute of 33 minutes. CT proposal causes confusion, concern. (Infographic), What are the Highest Paying Jobs in Connecticut? As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. Related: The 10 Wealthiest Neighborhoods in San Francisco. According to Area Vibes, the cost of living in Westport is 82% higher than the Connecticut average. 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. Above is a fundraiser at the famous Glass House in New Canaan. This is our tenth time ranking the richest cities in Connecticut. If you can afford a mortgage, its the better way to go in Fairfield. 20. View Map of 25 Poorest Zipcodes in Connecticut. Weston is one of the richest towns in Connecticut with a median household income of $207,863. 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. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. Westport is in the top five most affluent cities in Connecticut for 2022. The average home value is $1,150,400. 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 median income is $80,896. Were just going to leave this right here. Redding, Connecticut, is a small city with a population of 9,110. Connecticut’s per capita income was $44,496 in 2019, according to estimates. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. Its also one of the wealthiest towns in Connecticut, with a median annual income per family of $180,057. Its capital is Hartford, and its most populous city is Bridgeport. Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. >> Click through to see how each CT spot ranked as well as each household income average. The median household income is just over $190K per year. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. Education Levels Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. Stamford, CT Annual household income: $152,102, 11. Its a small town of 10,354. With a median household income of $129,919, it is home to approximately 25,033 people. Want to know where Connecticuts 17 billionaires and 122,000 millionaires live? She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. HomeSnacks is reader-supported. Atherton, CA topped the list. 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. To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. 91.82% of the Population is white, with 87.8% white students in the public school system. Are you surprised by this list of the richest cities in Connecticut? Thats right, folks, the Gold Coast didnt get its name because gold was found on Connecticuts beaches. After all, rich people have really high salaries. With an average household income of $236,892 per year, it is one of the richest towns in the state. The rankings are based on income and home value. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. It has a great location, close to major highways and a short drive from New York City. Look here. Riverside, CT Annual household income: $215,791, 5. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. A relatively small town, it offers the opportunity of doing great outdoor activities. Old Greenwich Annual household income: $222,794, 2. In fairness, you do get a lot of return for your investment. Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. Most of the townspeople hold bachelors degrees or higher. 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. It has a population of 27,141. The poverty rate is remarkably low at 1.12%, with median rent at $1,832 per month. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. 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. A town covered in vibrant nature, Avon is one of the richest towns in Connecticut. Stamford Wikipedia/John Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. Learn how your comment data is processed. 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. Southport isnt the kind of city where keeping up with the neighbors comes cheaply.