The city has grown over the past decade, increasing from 8,223 residents to 9,110. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Certainly enough time to go to the beach after work for a picnic dinner by the water! 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. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. A CT bill would expand it fur, Is CT recycling going into the trash? All of these towns are located not too far east of Greenwich . The crime rate is practically non-existent, the median income is a stonking $139,122, the schools are some of the best in the state, and despite its relatively small size, it has a huge selection of restaurants, shops, cafes, and recreational venues to enjoy. The average home value is $1,150,400. Only 16 states were represented in the top 100. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. Rentals are much higher than most, with an average of $2,443 per month for non-homeowners. Old Greenwich Profile Page with Infographics. HomeSnacks is reader-supported. Westport residents live a good work-life balance with an average commute time of 44 minutes. When Does a Seller Get Their Money After Closing on a House? School test performance scores are above average, and 9.2% of students are eligible for free or reduced lunches at school. Property values are high, the median sales price is $1,029,000. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. 22 overall, with average household income at $270,222. Newtown Borough is being credited as the richest town in the state of Connecticut. 6. Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. 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. Easton is a great place to raise a family because it has a good school system. New Canaan has a small-town feel with big-city amenities. The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. 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. Darian, CT Annual household income: $232,523, 1. 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. Its also home to the states only national historic site, Weir Farm. 83% of the residents have a bachelors degree or higher, and the unemployment rate is low. Want to learn more about Old Greenwich? The poverty rate is remarkably low at 1.12%, with median rent at $1,832 per month. Related: The 10 Wealthiest Cities In New York. 10. The town is also known for having excellent public schools. The unemployment rate, as of 2022, is 3.3%, far lower than the state unemployment rate of 4.1%. 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. Its also one of the most expensive places to live in the country, with a median home price of over $1.5 million. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. 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. Editors Note: Data has been updated for 2023. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. Old Greenwich is home to some of the wealthiest Connecticut residents. 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. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. The chart below shows the most common races living in the richest cities in Connecticut: 81.94% White 6.79% Hispanic 5.95% Asian 3.30% Two or more races 1.63% Black/African American 0.33% Other 0.07% Native 0.01% Hawaiian/Pacific Islander This shows that the most common race across the richest cities in Connecticut is "White". Download The Entire Connecticut Ranking Data. Related: The 10 Wealthiest Neighborhoods in San Francisco. Learn how your comment data is processed. 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. Living in West Hartford is not cheap, but the perks are worth the cost with its safe neighborhoods, upscale shopping and dining venues, and more. In fairness, you do get a lot of return for your investment. South Glastonbury is a small town with a growing population ranging from 4848 to 5651. Its also far below the national average rate of 3.9%. Located in Fairfield County, Darien residents have it all- pristine beaches, private Country Clubs and Yacht clubs, a charming downtown, and an easy train ride to NYC. It's also one of the most expensive places to live in the country, with a median home price of over $1.5 million. The unemployment rate tries to capture the prospects for more people to become rich. According to Wikipedia, Granby is a rural town, located in the foothills of the Litchfield Hills of the Berkshires, besides the suburban natured center, the outskirts of town are filled with dense woods and rolling hills and mountains. The average family home retails for a massive $611,500, almost three times the . It has an average household income of $204,792, and the home prices range between $600,000-$800,000. The median house price in Westport is approximately $1.5 million. If youre thinking about moving to Austin and youre single without a family or spouse, you might find some neighborhoods, Read More The 10 Best Places to Live in Austin for SinglesContinue. The upscale community attracts residents who commute to New York City because its easy train ride to Manhattan. 20% of the residents pay rent, with 80% owning their homes. Isn't it grand to see Granby here in the top ten safest places in Connecticut. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. The average family home retails for a massive $611,500, almost three times the national average. Almost 6,300 communities met the criteria, which includes approximately 75% of total households in the U.S.". Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. People love to enjoy life and share it with family, friends, and neighbors. Name Census collected information for the past five years and breaks the average income levels by age group. (Infographs), What are the Highest Paying Jobs in New Jersey? Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. Milford grabbed the top place in this list of richest cities. Its come a long way in the past 10 years since the last Census. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . The average home price in Ridgefield is $600,000, and it grants many benefits to its inhabitants: reduced crime rate, good schools, and an overall relaxed way of life. 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%. 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. 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. Want to learn more about Riverside? Despite its high per capita income, Connecticut is mainly a middle-class state. Its a socioeconomically Upper Middle-Class city with a median household income of $136,261. 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. Fairfield County towns have made yet another list of the richest places in the U.S. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. 96% of the residents are homeowners with a median home value of $868,200. The median household income is $99,791, and the average home price is $672,000. And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. 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. Were just going to leave this right here. There are also many beautiful parks and green spaces throughout town. 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. Westport is in the top five most affluent cities in Connecticut for 2022. Ridgefield is also home to several conservation areas and preserves that provide a haven for wildlife such as deer, foxes, wild turkeys, and hawks. Theres usually something going on for recreation and entertainment in the town and surrounding areas. The small community has a population of 7,586 residents. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. All of this combines to make the local housing market expensive. Map of 25 Wealthiest Zipcodes in Connecticut Based on Average Adjusted Gross Income. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. You'll receive your first newsletter soon! According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. Gov. With a population of 63,518, Greenwich is an upscale community with a median household income of $180,44. 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. 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. On the plus side, the median income of $190,227 is equally jaw-dropping. The town is partly in Hartford County, with some areas in Middlesex County. Ridgefield offers something for everyone from great schools to recreation for the whole family. Known for its luxury waterfront homes, Old Greenwich has a median sales price of $2,063,000. The town is home to many Fortune 500 companies such as General Electric and Terex Corporation. The result? Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. It also has a number of highly rated public and private schools, which can be a major plus for families with children. Westport is one of the wealthiest towns in Connecticut. Love Connecticut? Greenwich is another of the wealthiest towns in Connecticut. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there. Woodbridge is another wealthy Connecticut town. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. The 20 Worst Places to Live if you Have Arthritis in The U.S. South Glastonburys Census results show a total of 2038 households in the town. The 10 Best Places to Live on the West Coast of Florida, The 20 Best Places to Live in Massachusetts, Where $100 million in Vacation Rental Startups is Going, The 10 Cheapest Places to Live in Colorado, Eight Reasons to go to French Polynesias Marquesas Islands, How Lisa Rinna Achieved a Net Worth of $10 Million, 20 Cities with The Worst Weather in Europe, How Zac Stacy Achieved a Net Worth of $6 Million. With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. Old Greenwich enjoys a low crime rate and excellent public schools. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. It has an average household income of $234,152 and 6,611 residents. 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. Most Expensively 2023. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. The fourth wealthiest town in Connecticut is Old Greenwich. If you thought that renting would help cut costs to a more reasonable level, think again according to Niche, the average cost of renting a home in this exclusive little city is over twice the national average at $2,469. The town has the highest percentage of residents who are wealthy, at about 30 percent. There is a good reason that Norwalk was listed as one of the best places to live in America. 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. Living there isnt cheap, though. Youll find a community of 1,300 Wall Street execs and affiliates living in Old Greenwich, Connecticut. New Cannan, CT Average household income: $200,203.00 Living in New Canaan is like being surrounded by family. With a median income of $59,522, Naugatuck took ninth place. The information presented in this article are based on data from theUS Census American Community SurveyandRedfin. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. We love the detailed statistics that give us a clear snapshot of the socioeconomic dynamics of the city. Below is a list of the wealthiest towns in Connecticut. 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. Renting is a little cheaper, but not by much expect to part with around $1,886 per month for an apartment. 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. 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. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. This is a carousel. Four Connecticut towns made the top 50 list (well, three depending on how you look at it): Darien, Old Greenwich, Riverside (Greenwich) and Westport. The average household income in Woodbridge is $96,919, and the median home price is $595,000. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike. Riverside is one of the wealthiest communities in Connecticut. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. 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. Only 4% of the homes in the community are available for rent. This site uses Akismet to reduce spam. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. The 2010 Census revealed a growth from 6.751 residents to 7,150, showing that the town is gaining its population base. With a population of 20,622 inhabitants, the average income per household is $145,244. 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. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. Avons diversity rate is better than most of its neighboring communities. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. Connecticut is the wealthiest state in the United States of America in terms of per capita incomes and wealth. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. Despite its small size, it is home to 18,932 people. What are the most charming small towns in Connecticut? It is a Fairfield County city home to many wealthy residents who enjoy private country clubs, yacht clubs, and pristine beaches. The unemployment rate in this city is 10% and the poverty rate is 9.6%. Connecticut’s per capita income was $44,496 in 2019, according to estimates. The homes in Darien are primarily owner-occupied (87%) with only 13% rentals. If the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury.