richest towns in connecticut

In fairness, the high prices arent unjustified. It's also home to the state's only national historic site, Weir Farm. Avons diversity rate is better than most of its neighboring communities. Wealthiest Towns in CT Final - Suburbs 101. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. It is a Fairfield County city home to many wealthy residents who enjoy private country clubs, yacht clubs, and pristine beaches. The median income in this city is $81,634. The town center village is listed as a historic district on the National Register of Historic Places. Save my name, email, and website in this browser for the next time I comment. Darian is on Long Island Sound and offers waterfront property for sale and for rent. The average home value is $466,000, making it one of the more affordable rich neighborhoods to buy a house. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. Old Greenwich Profile Page with Infographics. 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. $55,137 is the median income in this city while the unemployment and poverty rates are 7.5% and 13.4% respectively. You can find out more about him on LinkedIn or his website. Check them out: What are the oldest towns in Connecticut? It has an average household income of $234,152 and 6,611 residents. Old Greenwich Profile Page with Infographics. Old Greenwich has a population of 6,962 and a median household income of $222,794. In a city with a population of 52,005, the median income came in at $81,971. This is our tenth time ranking the richest cities in Connecticut. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. 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. The average family home retails for a massive $611,500, almost three times the national average. It is also one of the most diverse towns in the state, with over 50% of its residents being foreign-born. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. The average price of a home is $611,500, nearly three times the national average. There is a good reason that Norwalk was listed as one of the best places to live in America. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. Weston Profile Page with Infographics. 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. This time the list is from Bloomberg. Its a city of high-earners who live the high life enjoying their private yacht and country clubs, with access to the citys pristine beaches. Four of the top 20 are places in New York, including Brookville village. The unemployment rate is just 3.1%, with an average commute of 33 minutes. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. Only 15% of the residents rent because most people there are homeowners. If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. 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. The unemployment rate is lower than the state rate of 4.1% and the national rate of 3.9%. 96% of the residents are homeowners with a median home value of $868,200. Get more stories delivered right to your email. Its a great place to raise kids, with top-rated schools and safe streets. DARIEN, CT Darien is the wealthiest town in Connecticut, where the median household income is more than $200,000, according to a new report. Learn how your comment data is processed. 1. The average home price in Southport is $600,000. The town has a high concentration of people from New York City who commute to work here by train or car. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. What determines the overall wealth of a city? With a population of 20,622 inhabitants, the average income per household is $145,244. All of these towns are located not too far east of Greenwich . The unemployment and poverty rates are 6.3% and 11.4% respectively. America's wealthiest people are starting to move into smaller cities, a new wealth report says. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Newtown Borough as having a median household income of $140,625 (104.7% more than the U.S. median income). There are many things to do including going to the beach and shopping at the local malls. 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. Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. You'll receive your first newsletter soon! Its a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. 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. 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. Four Connecticut towns made the top 50 list (well, three. The median income is $80,896. The most charming small towns in Connecticut are perfect for a day trip or a new home. After Riverside and Greenwich, the next four richest towns are Darien ($599,920), New Canaan ($532,440), Old Greenwich ($530,250), and Rowayton ($422,210). The upside to all those sky-high prices is a median income that ranks as one of the highest in the state. 89.3% of the homes are occupied by their owners, with 10.7% as rentals. I Spent a Day in One of America's Richest Cities: Greenwich, CT Its also home to the states only national historic site, Weir Farm. Old Greenwich enjoys a low crime rate and excellent public schools. Gov. 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. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. 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. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. Head out on a fun getaway to these spots: Thank you! Four Connecticut towns made the top 50 list (well, three depending on how you look at it): Darien, Old Greenwich, Riverside (Greenwich) and Westport. Weston residents live a good work-life balance with an average commute time of 42 minutes. When you click through real estate links on our site, we earn an affiliate commission. If youre planning a move to Tennessee, then youll be happy to know that there are some areas that are among the most beautiful in scenery as the landscape changes from one season to another. People who live and work in Easton have a slightly higher income level. The poverty rate is remarkably low at 1.12%, with median rent at $1,832 per month. 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. Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. The town has a thriving arts community and many of its residents are involved in local government or volunteer activities. Riverside Profile Page with Infographics. With a population of 63,518, Greenwich is an upscale community with a median household income of $180,44. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. 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. Fairfield County towns have made yet another list of the richest places in the U.S. If you choose to rent an apartment, expect to pay an average of $1,866 monthly. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. America's millionaires are flocking to smaller cities. Take a look at We use data, analytics, and a sense of humor to determine quality of life for places across the nation. 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. (Infographs), What are the Highest Paying Jobs in New Jersey? Its a desirable place to live if you can afford the costs. It has a population of 27,141. Not all of the countries have a great reputation, Read More The 20 Best Places to Live in Latin AmericaContinue, There are quite a few reasons why people choose to live in areas that have low humidity. 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. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. >> Click through to see how each CT spot ranked as well as each household income average. Map of 25 Wealthiest Zipcodes in Connecticut Based on Average Adjusted Gross Income. 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. We aim to deliver bite-sized pieces of infotainment about where you live. When Does a Seller Get Their Money After Closing on a House? 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. There are also several golf courses in town that draw a lot of people from around the world. The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. 87% of the residents own their homes, and just 13% rent. New Cannan, CT Average household income: $200,203.00, 8. It is also one of the most expensive places to live in the country, with a median home value of $1,051,014. Its capital is Hartford, and its most populous city is Bridgeport. This Is The Wealthiest Town In Connecticut Most of the residents have gainful employment with high-paying jobs. Woodbridge, CT Annual household income: $205,541, 7. Riverside, CT Annual household income: $215,791, 5. Darien is one of the wealthiest towns in Connecticut. Some haulers caught, Arming guidance counselors? South Glastonburys Census results show a total of 2038 households in the town. All Rights Reserved. Ridgefield is also home to several conservation areas and preserves that provide a haven for wildlife such as deer, foxes, wild turkeys, and hawks. 25 Wealthiest Towns in the New York Suburbs, What are the Highest Paying Jobs in New York? We analyzed 21 places in Connecticut to determine where the 1% live. 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.