Connecticut is home to some of the wealthiest people in America. New Canaan has a small-town feel with big-city amenities. We suspect that the recent pandemic took a toll on residents who lost their jobs, with some forced to relocate for more affordable housing. 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. According to homes.com, Ridgefield is one of the most expensive places in Connecticut to buy a home. Shelton. You'll receive your first newsletter soon! HomeSnacks is reader-supported. This time the list is from Bloomberg. The median income in this city is $81,634. With a median household income just shy of a quarter-million a year, Darian is an exclusive place to live.
78% of them have at least a bachelors degree. Suburbs 101is an insiders guide to suburban living. West Hartford, CT Annual household income: $142,197, 14. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. The 20 Worst Places to Live if you Have Arthritis in The U.S. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. Only 4% of the homes in the community are available for rent. The beautiful neighborhood is small, just 6,962, after the influx of rich business professionals. A relatively small town, it offers the opportunity of doing great outdoor activities. Most residents have at least a bachelors degree or higher and drive an average of 42 minutes to get to work. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. New Canaan is expensive, even by Connecticut standards: The median home value is $1.9M, compared to $350,897 for the state overall. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. 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. Connecticut is one of the wealthiest states in the US. 96% of the residents are homeowners with a median home value of $868,200. Learn how your comment data is processed. Its smaller than Ridgefield but slightly more affluent. A town covered in vibrant nature, Avon is one of the richest towns in Connecticut. 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. There is a good reason that Norwalk was listed as one of the best places to live in America. The small community has a population of 7,586 residents. Its a socioeconomically Upper Middle-Class city with a median household income of $136,261. Westport, CT Annual household income: $222,535, 4. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. 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. South Glastonbury is a small town with a growing population ranging from 4848 to 5651. Both coasts have some, Read More The 10 Best Places to Live on the West Coast of FloridaContinue, Massachusetts is one of the most remarkable states in America. Grace Duffield / Hearst Connecticut Media file photo Despite its small size, it is home to 18,932 people. The town is partly in Hartford County, with some areas in Middlesex County. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. 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. The most charming small towns in Connecticut are perfect for a day trip or a new home. Learn how your comment data is processed. Test performance scores in public schools are above average, slightly lower than in Ridgefield. The town is also known for having excellent public schools. Name Census collected information for the past five years and breaks the average income levels by age group. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. All of these towns are located not too far east of Greenwich . Darien Profile Page with Infographics. The result? The 2010 Census revealed a growth from 6.751 residents to 7,150, showing that the town is gaining its population base. Westport is in the top five most affluent cities in Connecticut for 2022. The median home value is $766,900, making it more affordable than some other affluent communities. Get more stories delivered right to your email. Its median income is $58,717. Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. It has a population of 27,141. 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. Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . 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. 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. If you dream of the quiet life, its ideal. Rich people not your cup of tea? Newtown Borough is being credited as the richest town in the state of Connecticut. The average home price in town is $780,000. Education Levels The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. All of this combines to make the local housing market expensive. Its a peaceful town thats a great place for people who want to get away from hectic city life and enjoy nature. 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. Southports location near New York City also makes it attractive for commuters working there. It is located about 29 miles northeast of New York City, offering residents an easy commute to the city. California was the most represented with 23 cities and towns making the list. Download The Entire Connecticut Ranking Data. 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. 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 village also includes a historic mill complex and dam. 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. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town.
Connecticut - Wikipedia There are many things to do including going to the beach and shopping at the local malls. It has a population of 27,141. Head out on a fun getaway to these spots: Thank you! Want to learn more about Weston? Darien has a population of 21,499. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. Here are the wealthiest towns in Connecticut. 2015-2023 Chasing Chains, LLC.
The 10 Richest Cities in Connecticut - Most Expensively DiscoverNet | 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.
Connecticut - Forbes 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 is also known as the village because of its quaint feel with many historic homes and buildings. Gov. Being a coastal city, citizens have plenty of opportunities to spend their free time. The median household income at Cos Cob is $138,125.
4 CT towns make list of 100 richest towns in America The city has grown over the past decade, increasing from 8,223 residents to 9,110. Old Greenwich Annual household income: $222,794, 2. This site uses Akismet to reduce spam. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. The unemployment rate is 8.0% and the poverty rate is 8.9%. If you love the outdoors, check out the beautiful. If more people are employed, the richer the future looks. 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 10 Most Expensive Places To Live In Connecticut For 2023 - HomeSnacks 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. As of December 2019 Income inequality is huge in Connecticut, with the disparity most pronounced when comparing southern towns like New Canaan and Greenwich with Hartford, the state's capital.. Inflation-adjusted household income is one of the factors. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. If you plan to buy a home in New Canaan, the average price is $1.36 million. Riverside Profile Page with Infographics. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. A wealthy enclave on Connecticut's Gold Coast, Greenwich is consistently ranked as one of the richest cities in America. Above is a fundraiser at the famous Glass House in New Canaan. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. 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. Its one of the areas wealthiest communities, with the median annual household income at over $215k. The median household income in New Canaan is $214,977.
10 Wealthiest Towns in Connecticut (2023) - Suburbs 101 The next richest town in Connecticut is Ridgefield. Head to, Natalie is a writer and travel enthusiast who loves uncovering new places along the East Coast. Easton, CT Annual household income: $166,875, 13. Southport, CT Annual household income: $310,831, The 10 Best Places to Live in Austin for Singles, The 20 Safest Places To Live in Tennessee, Tips on How to Use a HELOC To Buy Real Estate, The 20 Best Places to Live in Latin America. Stamford, CT Annual household income: $152,102, 11.
The 10 Richest Cities In Connecticut For 2023 - HomeSnacks Whenever any publication compiles a list of Americas richest cities, theres one name you can always count on seeing Old Greenwich. New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. The next town on this list is Wilton. Essex Village, CT Annual household income: $172,302, 12. The average adjusted gross income is $222,660. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. Wilton, CT Annual household income: $193,292, 9. She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. People love to enjoy life and share it with family, friends, and neighbors. The median household income is $99,791, and the average home price is $672,000. In fairness, you do get a lot of return for your investment. The second wealthiest town in Connecticut is Riverside. In 2010, communities got $74 million or just 28 percent of the $264 million they lost on state property, according to the Connecticut Conference of Municipalities. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. The Easton School District offers many different programs including art, music, and sports. 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. When you click through real estate links on our site, we earn an affiliate commission. 89.3% of the homes are occupied by their owners, with 10.7% as rentals. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. Its capital is Hartford, and its most populous city is Bridgeport. There are also many beautiful parks and green spaces throughout town. 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. 22 overall, with average household income at $270,222. Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. Its also home to the states only national historic site, Weir Farm. Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. 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!
Top 10 Richest Cities in Connecticut 2023 - namecensus.com 10. We also looked at things that make rich people happy: fellow neighbors with high median income levels, world class educational opportunities, low crime, and posh amenities. Avons diversity rate is better than most of its neighboring communities. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. 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. 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 average commute time from home to work is 35.7 minutes. The communities in this city are close, and they love to sponsor community events for the residents and visitors. Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. So, want to know where its just as difficult to Keep up with the Connecticuters as it is The Kardashians? 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. 20% of the residents pay rent, with 80% owning their homes. As one of the Nutmeg state's oldest towns, it also represents one of the richest. 1.
Among Connecticut cities and towns, the wealthiest are the big spenders 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 want to drive your car everywhere, then this may not be the right fit for you; however, if you enjoy walking or biking, Old Greenwich has plenty to offer. Most Dangerous Neighborhoods in Washington DC. 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. With salaries like that, most residents are having no problem in keeping up with those monster mortgage re-payments. 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. Four Connecticut towns made the top 50 list (well, three. You can find out more about him on LinkedIn or his website. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC.
Top 25 Wealthiest Zipcodes in Connecticut - Zipdatamaps.com The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. However, the average house prices range from $1,5 million to $3 million. 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. The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. Its in Hartford County. The average home price in Old Greenwich is $1.8 million. In fairness, the high prices arent unjustified. Riverside Profile Page with Infographics. After we collected the data for all 21 places with more than 9,000 people in Connecticut, we ranked each place from 1 to 21 for each of the criteria, with 1 being the richest. Save my name, email, and website in this browser for the next time I comment. The unemployment rate is 3.2%, compared to the Fairfield County unemployment rate of 5.2%. 45.7% of the children in public schools are eligible for free or reduced lunch programs. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. Weston is one of the most affluent towns in Connecticut with winding country roads and highly regarded schools. The streets are safe, and the schools are highly rated. The town has attracted the rich and famous .
What Is The Richest Town In Fairfield County? - PartyShopMaine Property values are high, the median sales price is $1,029,000. Its also very well educated, with over half of its residents having a college degree. What is it like to live in Greenwich, CT? COS COB, CT Annual household income: $136,261, 17. As to which are the very wealthiest, find out now as we count down the 10 richest cities 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. 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. Youll find parades, festivals, and occasional pop-up art exhibitions. 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. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. With 733 . (Infographs), What are the Highest Paying Jobs in New Jersey? Riverside, CT Annual household income: $215,791, 5. Four of the top 20 are places in New York, including Brookville village. Want to learn more about Westport? The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. Thats right, folks, the Gold Coast didnt get its name because gold was found on Connecticuts beaches. Southport has a long history as a summer resort and residential community. What are the richest towns in Connecticut? It has a population of 33,900 residents. Connecticut is the wealthiest state in the United States of America in terms of per capita incomes and wealth. Darien residents live a good work-life balance with an average commute time of 39 minutes. Groton rounds out the list of richest cities in the number ten spot. 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. Dariens median home value is $1,654,00. South Glastonburys Census results show a total of 2038 households in the town. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. What determines the overall wealth of a city? 91.82% of the Population is white, with 87.8% white students in the public school system. Fairfield County is very close to New York City.