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Southport isnt the kind of city where keeping up with the neighbors comes cheaply. The city deserves its spot on the list as its well above the average US income. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. Atherton, CA topped the list. 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. Avon, CT Annual household income: $187,080, 10. California was the most represented with 23 cities and towns making the list. It has an average household income of $204,792, and the home prices range between $600,000-$800,000. Want to learn more about Old Greenwich? As one of the Nutmeg state's oldest towns, it also represents one of the richest. The average age of residents is between 56 to 57 years, with a white demographic of 89.65%, 5.26% for people claiming mixed race ethnicity, 3.57% African American and 1.54% Asian American. It's also home to the state's only national historic site, Weir Farm. Jobs are plentiful in the city with a population of 7,453. Top 10 Richest Cities in Connecticut 2023 - namecensus.com 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. 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. Its capital is Hartford, and its most populous city is Bridgeport. The financial news and opinion site 24/7 Wall St . Old Greenwich is a perfect place to live if youre looking for an upscale quiet community with excellent schools, but its not exactly pedestrian friendly when it comes to getting around town! Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. 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. It is a very safe town surrounded by greenery. Property values are high, the median sales price is $1,029,000. All Rights Reserved. and 10 Reasons to Move to Greenwich, CT. Wilton is recognized as one of the wealthiest towns in Connecticut with a median household income of $209,635. The average price of a home is $611,500, nearly three times the national average. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. Its come a long way in the past 10 years since the last Census. 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. The high demand is getting harder to find places for sale. 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. The next town on this list is Wilton. The town has a high concentration of people from New York City who commute to work here by train or car. Rich people not your cup of tea? >> Click through to see how each CT spot ranked as well as each household income average. Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. Gold Coast (Connecticut) - Wikipedia 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. Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. With a median household income just shy of a quarter-million a year, Darian is an exclusive place to live. We analyzed 21 places in Connecticut to determine where the 1% live. Save my name, email, and website in this browser for the next time I comment. Dariens median home value is $1,654,00. And that makes living in the state expensive. Zip Data lists West Hartford as one of the 20 richest cities in the state. Education Levels 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. Theres a reason this state is one of the richest in the country. You're Really Wealthy If You Live In One Of These 6 CT - Patch The unemployment rate is just 3.1%, with an average commute of 33 minutes. 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. Being a coastal city, citizens have plenty of opportunities to spend their free time. Want to learn more about Weston? The median household income at Cos Cob is $138,125. The 20 Richest Towns in Connecticut - moneyinc.com Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. Residents enjoy a short train ride to New York City for shopping and entertainment, then return to the safety and comfort of this beautiful community. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. Known for its luxury waterfront homes, Old Greenwich has a median sales price of $2,063,000. America's millionaires are flocking to smaller cities. Take a look at It has a population of 33,900 residents. On the plus side, the median income of $190,227 is equally jaw-dropping. Its median income is $58,717. the average home value is $1,471,700. The homes in Westport are primarily owner-occupied (85%) and only 15% rentals. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. If you love the outdoors, check out the beautiful. The Census revealed that 87.21% of the people living in the city are white, with 80.8 of students in the public schools listed as white. Weston is in Fairfield County. Old Greenwich has a population of 6,962 and a median household income of $222,794. Old Greenwich is one of the richest Neighborhoods in Connecticut with a median household income of $238,750. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. Counties [ edit] The town center village is listed as a historic district on the National Register of Historic Places. You'll receive your first newsletter soon! This Is The Richest Town In Connecticut | iHeart The unemployment rate is 3%, which beats the state average by 4.1%. Westport residents live a good work-life balance with an average commute time of 44 minutes. The average household income in Woodbridge is $96,919, and the median home price is $595,000. Darian If you want to live in Darian, you'd better start saving. If you like close-knit communities with family-friendly vibes, well-respected schools, beautifully maintained parks, top-notch libraries, world-class restaurants, and a host of activities to get involved in (parades, festivals, pop up art exhibitions, shows the list goes on), then youre going to love New Canaan. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Its a great place for families and young professionals to live. Here Are The 10 Richest Cities In Connecticut - OnlyInYourState Norwalk, CT, USA 4. The town is home to many Fortune 500 companies such as General Electric and Terex Corporation. The average home price in Southport is $600,000. Connecticut - Wikipedia 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. Stamford, CT Annual household income: $152,102, 11. It is an affluent community with a population of 18,503 people, and 75.1% of its residents have attained a bachelors degree or higher, reflecting an educated community. Feel free to check out some more reading about Connecticut: Population: 40,944Rank Last Year: 1 (No Change)Median Income: $103,647Unemployment Rate: 5.0%Poverty Rate: 6.0%More on Shelton: Real Estate|Photos, Population: 50,694Rank Last Year: 2 (No Change)Median Income: $97,951Unemployment Rate: 5.6%Poverty Rate: 4.1%More on Milford: Real Estate|Photos, Population: 134,820Rank Last Year: 3 (No Change)Median Income: $99,791Unemployment Rate: 5.5%Poverty Rate: 9.4%More on Stamford: Real Estate|Photos, Population: 31,586Rank Last Year: 4 (No Change)Median Income: $86,900Unemployment Rate: 6.1%Poverty Rate: 4.9%More on Naugatuck: Real Estate|Photos, Population: 60,733Rank Last Year: 5 (No Change)Median Income: $73,604Unemployment Rate: 5.9%Poverty Rate: 8.9%More on Bristol: Real Estate|Photos, Population: 86,197Rank Last Year: 7 (Up 1)Median Income: $74,600Unemployment Rate: 6.0%Poverty Rate: 10.6%More on Danbury: Real Estate|Photos, Population: 90,821Rank Last Year: 6 (Down 1)Median Income: $91,434Unemployment Rate: 6.6%Poverty Rate: 9.7%More on Norwalk: Real Estate|Photos, Population: 47,164Rank Last Year: 8 (No Change)Median Income: $67,485Unemployment Rate: 5.6%Poverty Rate: 11.2%More on Middletown: Real Estate|Photos, Population: 40,020Rank Last Year: 9 (No Change)Median Income: $59,791Unemployment Rate: 6.1%Poverty Rate: 10.6%More on Norwich: Real Estate|Photos, Population: 55,518Rank Last Year: 12 (Up 2)Median Income: $66,868Unemployment Rate: 8.7%Poverty Rate: 11.8%More on West Haven: Real Estate|Photos. Milford grabbed the top place in this list of richest cities. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. The town is partly in Hartford County, with some areas in Middlesex County. 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. 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. 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. Head out on a fun getaway to these spots: Thank you! Its also one of the most expensive places to live in the country, with a median home price of over $1.5 million. Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". The median income is $80,896. 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. Fairfield County is very close to New York City. By Joselynn Chua / February 27, 2023. The bright side? When Does a Seller Get Their Money After Closing on a House? Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. With an average household income of $236,892 per year, it is one of the richest towns in the state. Its also home to the states only national historic site, Weir Farm. 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. You can download the data here. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. Hoping for a glimpse at some of those gorgeous views for which this town is known? Almost 6,300 communities met the criteria, which includes approximately 75% of total households in the U.S.". If you plan to buy a home in New Canaan, the average price is $1.36 million. Ridgefield offers something for everyone from great schools to recreation for the whole family. Shelton places in the number two spot with a median income of $87,277. It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. How Much Are Closing Costs in Texas & Who Pays Them. If more people are employed, the richer the future looks. The town has over 120 acres of open space and over 1,000 acres of parkland. Riverside has a population of 8,843. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. The average commute time from home to work is 35.7 minutes. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . Westport is one of the wealthiest towns in Connecticut. Newtown Borough is being credited as the richest town in the state of Connecticut. The unemployment rate tries to capture the prospects for more people to become rich. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . The town has a population of about 10,278 (2020) people and has a median age of 42 years old. 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. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. 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. A list of the richest cities in Connecticut was released by Homesnacks and we think you might be surprised at which places made the list. Its less ideal, however, if your bills are already bigger than your income. 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. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. Darien residents live a good work-life balance with an average commute time of 39 minutes. 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. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. Four of the top 20 are places in New York, including Brookville village. Newtown Borough is being credited as the richest town in the state of Connecticut. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. Ridgefield is also home to several conservation areas and preserves that provide a haven for wildlife such as deer, foxes, wild turkeys, and hawks. Its the place where many believe this country originated, being home to the historic city of Plymouth. South Glastonbury, CT Annual household income: $135,596, 18. Fairfield County is very close to New York City. Connecticut - Forbes Its one of the areas wealthiest communities, with the median annual household income at over $215k. Despite its small size, it is home to 18,932 people. South Glastonburys Census results show a total of 2038 households in the town. Connecticut is one of the wealthiest states in the US. Related: The 10 Wealthiest Cities In Missouri. Weston residents live a good work-life balance with an average commute time of 42 minutes. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. What is it like to live in Greenwich, CT. However, the average house prices range from $1,5 million to $3 million. The town has the highest percentage of residents who are wealthy, at about 30 percent. 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. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. 96% of the residents are homeowners with a median home value of $868,200. The 20 Most Affordable Places to Live in Connecticut - Money Inc Only 16 states were represented in the top 100. This time the list is from Bloomberg. South Glastonbury is a small town with a growing population ranging from 4848 to 5651. Want to know where Connecticuts 17 billionaires and 122,000 millionaires live? Weston has been named one of the best places to live by Money Magazine, and it has consistently been ranked as one of the safest towns in Connecticut. The unemployment rate in this city is 10% and the poverty rate is 9.6%. Head to, Natalie is a writer and travel enthusiast who loves uncovering new places along the East Coast. 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. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. Old Greenwich is home to some of the wealthiest Connecticut residents. It has a population of 27,141. In terms of per capita income, it beats the nearest competition by a huge margin of almost $4000. The average home price in Old Greenwich is $1.8 million. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. Visit Bloomberg for the full report. List of Connecticut locations by per capita income - Wikipedia Southport is an affluent town in Connecticut. All in all, Riverside is a town that offers a great quality of life to its citizens. California was the most represented with 23 cities and towns making the list. Were just going to leave this right here. 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. The 10 Richest Cities in Connecticut - Money Inc $55,137 is the median income in this city while the unemployment and poverty rates are 7.5% and 13.4% respectively. Download The Entire Connecticut Ranking Data. 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. Connecticut’s per capita income was $44,496 in 2019, according to estimates. 14 Richest Towns in Connecticut (2022) | PropertyClub Stamford Wikipedia/John They found this lovely old city during the Covid-19 pandemic and relocated for a safer and serene place to live. Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. It has a population of 27,141. The richest town in Connecticut is Darien, with a median household income of $251,200. With 733 . 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 town also boasts one of the best school systems in all of Connecticut! Suburbs 101is an insiders guide to suburban living. It also has a number of highly rated public and private schools, which can be a major plus for families with children. Greenwich is synonymous with luxury real estate and wealth. Wealthiest Towns in CT Final - Suburbs 101 People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. A median income that sits at a mammoth $352,839. What are the richest towns in Connecticut? We aim to deliver bite-sized pieces of infotainment about where you live. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. Home to over 136,309 people, Stamford is the richest city in Connecticut. 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. Renters pay an average of $1,361 per month. What Is The Richest Town In Fairfield County? - PartyShopMaine