richest towns in connecticut

Stamford, CT Annual household income: $152,102, 11. The unemployment rate, as of 2022, is 3.3%, far lower than the state unemployment rate of 4.1%. The town also boasts one of the best school systems in all of Connecticut! It has a population of 33,900 residents. 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. The median sales price of homes in Riverside is $834,000. 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. Four Connecticut towns made the top 50 list (well, three. The median income in Danbury is $67,430 helping to secure its 5th place ranking. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. Weston Profile Page with Infographics. West Hartford, CT Annual household income: $142,197, 14. South Glastonburys Census results show a total of 2038 households in the town. Let's go! In todays world of language everything has an acronym dreamed up by some marketing or English major who feels the need to make everything, Read More Tips on How to Use a HELOC To Buy Real EstateContinue, Tucked in between North America and South America, the 20 countries that make up Latin America cover an enormous range of landscapes, climates, cultures, and traditions. The town has a thriving arts community and many of its residents are involved in local government or volunteer activities. The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. The richest town in Connecticut is Darien, with a median household income of $251,200. 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. 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. Less than an hour train ride from New York City, Greenwich gives the feel of a small town with all the amenities of the big city. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. 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. 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. 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. There are many things to do including going to the beach and shopping at the local malls. 25 Wealthiest Towns in the New York Suburbs, What are the Highest Paying Jobs in New York? 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. Its also very well educated, with over half of its residents having a college degree. Test performance scores in public schools are ranked as excellent. With a median income of $59,522, Naugatuck took ninth place. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . The streets are safe, and the schools are highly rated. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. The median household income at Cos Cob is $138,125. Westport Profile Page with Infographics. Darien Profile Page with Infographics. The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. Well, HomeSnacks crunched the numbers and discovered that Stamford is the most expensive place to live in Connecticut. The town has over 120 acres of open space and over 1,000 acres of parkland. 20% of the residents pay rent, with 80% owning their homes. The town is full of greenery and offers residents a tranquil vibe. How Much Are Closing Costs in Texas & Who Pays Them. Related: The 10 Wealthiest Cities In California. Darian is on Long Island Sound and offers waterfront property for sale and for rent. 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. Bloomberg reports that in Atherton, "the cheapest house on the market is currently listed for $2.5 million, according to real estate marketplace Zillow.com. Youll find parades, festivals, and occasional pop-up art exhibitions. In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. Shelton. 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. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . There is a good reason that Norwalk was listed as one of the best places to live in America. To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. Greenwich is another of the wealthiest towns in Connecticut. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. 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. Its also one of the most expensive places to live in the country, with a median home price of over $1.5 million. Renting is a little cheaper, but not by much expect to part with around $1,886 per month for an apartment. 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. Greenwich is synonymous with luxury real estate and wealth. Weston is also one of the best places in Connecticut to raise a family. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. Inflation-adjusted household income is one of the factors. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. Rich people not your cup of tea? 79.4% of the community are US-born citizens, with 11.73% born in other countries. 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%. Ned Lamont and General Assembly leaders to to focus on offsetting a potential property tax Armageddon. 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. 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. 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. (and lowest paying jobs). Most Dangerous Neighborhoods in Washington DC. The median sales price is residential sales data for 12 month period ending January 2023. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. The Census ranks individual city wealth by a formula that averages the household incomes, including the adjusted gross income and the average household income. When Does a Seller Get Their Money After Closing on a House? The 20 most affluent places, based on places with available data, all had household incomes above $485,000. The unemployment rate tries to capture the prospects for more people to become rich. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. Weston is in Fairfield County. All in all, Riverside is a town that offers a great quality of life to its citizens. The homes in Westport are primarily owner-occupied (85%) and only 15% rentals. 89.3% of the homes are occupied by their owners, with 10.7% as rentals. Atherton, CA topped the list. Use Next and Previous buttons to navigate. 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. Despite its high per capita income, Connecticut is mainly a middle-class state. Its also home to the states only national historic site, Weir Farm. The median income is $80,896. 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. Old Greenwich enjoys a low crime rate and excellent public schools. Learn how your comment data is processed. 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.. [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. 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. Get more stories delivered right to your email. Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. You catch that vibe when you visit New Canaan, but its not cheap to live there. The unemployment rate is 8.6% and the poverty rate is 10% in this city. All rights reserved. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. There are many things that families love about living in Wilton including its great school system, safe neighborhoods, and access to shopping centers. When you learn that the average cost of a single-family home is $1,150,400 and the median income is $206,466, youll be left in no doubt. The homes in Darien are primarily owner-occupied (87%) with only 13% rentals. Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. The small community has a population of 7,586 residents. There is a good reason that Norwalk was listed as one of the. 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 median income of $187,917 and a median home value of $703,200, this is a city of big paychecks, big houses, and big cars. Avon is the home of 1,206 entrepreneurs. As at 2019, Connecticut had a per capita income of $44,496. COS COB, CT Annual household income: $136,261, 17. As one of the Nutmeg state's oldest towns, it also represents one of the richest. 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 upscale community attracts residents who commute to New York City because its easy train ride to Manhattan. 22 overall, with average household income at $270,222. If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. There are also several public parks located throughout Fairfield that offer great recreational opportunities such as tennis courts, baseball fields, basketball courts, and playgrounds for kids! Fairfield County towns have made yet another list of the richest places in the U.S. Learn how your comment data is processed. Most of Connecticut's wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. The town is home to many Fortune 500 companies such as General Electric and Terex Corporation. However, its also popular among locals so much so that there are rumors that it might become a commuter town for New York City residents. California was the most represented with 23 cities and towns making the list. They found this lovely old city during the Covid-19 pandemic and relocated for a safer and serene place to live. 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. Westport is one of the richest towns in Connecticut with a median household income of $222,375. It also has a number of highly rated public and private schools, which can be a major plus for families with children. Certainly enough time to go to the beach after work for a picnic dinner by the water! Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. Most Expensively 2023. Theres usually something going on for recreation and entertainment in the town and surrounding areas. >> Click through to see how each CT spot ranked as well as each household income average. 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 average home value is $650,400. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. HomeSnacks is reader-supported. South Glastonbury is a small town with a growing population ranging from 4848 to 5651. It has an average household income of $234,152 and 6,611 residents. 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. West Simsbury has 151,104 residents as of 2022. Fairfield, CT Annual household income: $139,122, 16. This site uses Akismet to reduce spam. Ridgefield, CT Annual household income: $206,560, 6. Want to learn more about Riverside? Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. Its capital is Hartford, and its most populous city is Bridgeport. 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. 87% of the residents own their homes, and just 13% rent. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. The average value of a home is just under $800,000, which is on par with the average household income. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. (Infographic), What are the Highest Paying Jobs in Connecticut? DARIEN, CT Darien is the wealthiest town in Connecticut, where the median household income is more than $200,000, according to a new report. 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. Groton rounds out the list of richest cities in the number ten spot. 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. The high demand is getting harder to find places for sale. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. There's 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. If you choose to rent an apartment, expect to pay an average of $1,866 monthly. Milford grabbed the top place in this list of richest cities. What makes some cities more prosperous than others? What is it like to live in Greenwich, CT? There are lots of affluent communities in the Nutmeg State, and some of them are unassuming. The third on the list is Westport. Just 16% of the homes are rentals. A median income that sits at a mammoth $352,839. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. It is a Fairfield County city home to many wealthy residents who enjoy private country clubs, yacht clubs, and pristine 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. This time the list is from Bloomberg. America's wealthiest people are starting to move into smaller cities, a new wealth report says. What is it like to live in Greenwich, CT. Isn't it grand to see Granby here in the top ten safest places in Connecticut. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. Related: The 10 Wealthiest Cities In Missouri. Stamford is a city in Fairfield County with a population of 14,499. 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. The fourth wealthiest town in Connecticut is Old Greenwich. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. 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. This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. Suburbs 101 confirms that Riverside is a wealthy suburb of the Town of Greenwich. Its a small town of 10,354. 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. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. 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. 91.82% of the Population is white, with 87.8% white students in the public school system. Its harbor and beaches are popular among boaters, who are drawn by the calm waters of Long Island Sound and easy access to New York City via ferry or bridge. Here are the 10 richest places in Connecticut for 2023: Shelton Milford Stamford Naugatuck Bristol Danbury Norwalk Middletown Norwich West Haven With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. In fairness, you do get a lot of return for your investment. The state is home to 91 of the US 100 most affluent zip codes. With a population of 63,518, Greenwich is an upscale community with a median household income of $180,44. Hoping for a glimpse at some of those gorgeous views for which this town is known? Wilton, CT Annual household income: $193,292, 9. Woodbridge, CT Annual household income: $205,541, 7. South Glastonbury, CT Annual household income: $135,596, 18. All Rights Reserved. It is a very safe town surrounded by greenery. The city is in Fairfield County, with Census Bureau statistics that list the racial majority as 89.61% white, with similar demographics in the public schools. Its a peaceful town thats a great place for people who want to get away from hectic city life and enjoy nature. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature.

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