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. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. The town also boasts one of the best school systems in all of Connecticut! Old Greenwich is home to some of the wealthiest Connecticut residents. As of the 2020 census, the population was 1,710. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. By Joselynn Chua / February 27, 2023. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. The average home price in town is $780,000. America's wealthiest people are starting to move into smaller cities, a new wealth report says. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. California was the most represented with 23 cities and towns making the list. 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. CT proposal causes confusion, concern. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. Related: The 10 Wealthiest Cities In New York. West Simsbury, CT Annual household income: $109,590, 19. Weston is one of the most affluent towns in Connecticut with winding country roads and highly regarded schools. Greenwich is synonymous with luxury real estate and wealth. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. The schools are among the best in the state, making them the ideal place to raise a family. Connecticut is no ones idea of a poor state. 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. The average home value is $650,400. Known for its luxury waterfront homes, Old Greenwich has a median sales price of $2,063,000. Being a coastal city, citizens have plenty of opportunities to spend their free time. Easton has excellent schools both public and private schools are available. The homes in Darien are primarily owner-occupied (87%) with only 13% rentals. Jobs are plentiful in the area, with the working Population gainfully employed except for just 3.5%. Rich people not your cup of tea? We begin our exploration of the best places to live in Connecticut for 2022 with Shelton, a city of 41,162 located between Bridgeport and New Haven. How Much Are Closing Costs in Texas & Who Pays Them. The median household income at Cos Cob is $138,125. The median home value is steep at $1,382,800 for 2022. 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. 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. Some haulers caught, Arming guidance counselors? The Population is 8,843 in this close-knit community. Darian will be the second wealthiest city in Connecticut in 2022. With a median income of $59,522, Naugatuck took ninth place. Most Dangerous Neighborhoods in Washington DC. Weston is in Fairfield County. California was the most represented with 23 cities and towns making the list. (Infographs), What are the Highest Paying Jobs in New Jersey? On this Wikipedia the language links are at the top of the page across from the article title. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. Avon, CT Annual household income: $187,080, 10. 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. Hoping for a glimpse at some of those gorgeous views for which this town is known? 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. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. Just 16% of the homes are rentals. What is it like to live in Greenwich, CT. Redding, CT Annual household income: $140,995, 15. Its come a long way in the past 10 years since the last Census. The remaining six wealthy Connecticut communities, all in Greenwich, in order are. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike. Most of Connecticuts wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Stamford is a city in Fairfield County with a population of 14,499. 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. South Glastonburys Census results show a total of 2038 households in the town. The unemployment and poverty rates are 7.9% and 8.5% respectively. With a population of 63,518, Greenwich is an upscale community with a median household income of $180,44. The average adjusted gross income is $222,660. The average home price in Old Greenwich is $1.8 million. It has a population of 33,900 residents. 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. 1. Let's go! 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. The 24 to 44 age group earns an average of $230,278 per year, with the 45 to 64 group bringing in $242,039retired residents 65 plus an average of $131,261 per year for the last calculations in 2020. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. Test performance scores in public schools are ranked as excellent. Easton is a cute little city located just a short hop, skip, and a jump away from the amenities and attractions of the New York City metro area. To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. The streets are safe, and the schools are highly rated. Learn how your comment data is processed. All in all, Riverside is a town that offers a great quality of life to its citizens. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. There is a good reason that Norwalk was listed as one of the best places to live in America. Despite its small size, it is home to 18,932 people. In terms of per capita income, Connecticut is the richest state in the United States of America. 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. Liz loves the process of researching information, learning new things, and putting into words . The average commute time from home to work is 35.7 minutes. 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. Visit Bloomberg for the full report. 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. Wealthiest Towns in CT Final - Suburbs 101. All rights reserved. If you're looking for a fun day trip, you will really enjoy, The city of Bristol with a population of 60,437 is ranked number seven. Fairfield. The median income is $80,896. The median sales price is residential sales data for 12 month period ending January 2023. The richest town in Connecticut is Darien, with a median household income of $251,200. Get more stories delivered right to your email. 10. As at 2019, Connecticut had a per capita income of $44,496. We aim to deliver bite-sized pieces of infotainment about where you live. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Related: The 10 Wealthiest Cities In Missouri. The town has over 120 acres of open space and over 1,000 acres of parkland. Well, HomeSnacks crunched the numbers and discovered that Stamford is the most expensive place to live in Connecticut. All Rights Reserved. Related: The 10 Wealthiest Cities In North Carolina. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. Youll find a community of 1,300 Wall Street execs and affiliates living in Old Greenwich, Connecticut. Want to learn more about Greenwich, CT? The median household income is $99,791, and the average home price is $672,000. She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. 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. Southport has a long history as a summer resort and residential community. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. The average family home retails for a massive $611,500, almost three times the . 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. The median income is $80,896. The community is predominantly white at 75.45% but is becoming more ethnically diverse than some of its neighboring towns, with a public school demographic of 68.9% white students. 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. It's also one of the most expensive places to live in the country, with a median home price of over $1.5 million. Westport residents live a good work-life balance with an average commute time of 44 minutes. Theres 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. South Glastonbury, CT Annual household income: $135,596, 18. Only 4% of the homes in the community are available for rent. 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 also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. School test performance scores are above average, and 9.2% of students are eligible for free or reduced lunches at school. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. 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. Its a great place for families and young professionals to live. HomeSnacks is reader-supported. 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 unemployment rate in this city is 10% and the poverty rate is 9.6%. Theres usually something going on for recreation and entertainment in the town and surrounding areas. And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. Its also home to some of the most expensive homes in the state. 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. Connecticut is home to some of the wealthiest people in America. 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). 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. 89.3% of the homes are occupied by their owners, with 10.7% as rentals. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. Westport, CT Annual household income: $222,535, 4. Southport is an affluent town in Connecticut. Keep reading. Suburbs 101 confirms that Riverside is a wealthy suburb of the Town of Greenwich. 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. 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. 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. South Glastonbury is a small town with a growing population ranging from 4848 to 5651. There are many factors that go into determining how rich or poor an area in Connecticut is, and the typical residents income can vary greatly from one place to another. 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. 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. Theres a reason this state is one of the richest in the country. 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. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. Want to learn more about Westport? Most homes were built in 1965 when the community saw its largest growth spurt. Its also far below the national average rate of 3.9%. Riverside Profile Page with Infographics. A relatively small town, it offers the opportunity of doing great outdoor activities. 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. The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. The town has the highest percentage of residents who are wealthy, at about 30 percent. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. Essex is another one of the richest towns in Connecticut. The result? The current Population is 2,601, with an annual growth rate of 0.35%. 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. Almost 6,300 communities met the criteria, which includes approximately 75% of total households in the U.S.". 20% of the residents pay rent, with 80% owning their homes. Shelton. West Simsbury has 151,104 residents as of 2022. 87% of the residents own their homes, and just 13% rent. Editors Note: Data has been updated for 2023. However, test score performance in the public school system gets a poor ranking. List of 25 Wealthiest Zipcodes in Connecticut; Rank Map Key Zipcode Zip Name County Adjusted Gross Income Median Household Income; 1: 06878: Riverside: Fairfield: $740130: Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. You can download the data here. 25 Wealthiest Towns in the New York Suburbs, What are the Highest Paying Jobs in New York? 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! There are also several golf courses in town that draw a lot of people from around the world. 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. Old Greenwich has a population of 6,962 and a median household income of $222,794. 96% of the residents are homeowners with a median home value of $868,200. Southport isnt the kind of city where keeping up with the neighbors comes cheaply. Andreas Halvorsen - Net Worth: $6.3 Billion Andreas Halvorsen is a Norwegian billionaire businessman whose net worth of $6.3 billion makes him the 6th richest person in Connecticut. The small community has a population of 7,586 residents. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . New Cannan, CT Average household income: $200,203.00, 8. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. 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. The town has a thriving arts community and many of its residents are involved in local government or volunteer activities. Not to mention, if youre looking to get your kid into a university that produces more millionaires than the Connecticut Lottery, theres the University of Connecticut in Storrs and Yale University in New Haven. The 2010 Census revealed a growth from 6.751 residents to 7,150, showing that the town is gaining its population base. Living there isnt cheap, though. Four Connecticut towns made the top 50 list (well, three. 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. The town center village is listed as a historic district on the National Register of Historic Places. Its a great place to raise kids, with top-rated schools and safe streets. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. 1. Inflation-adjusted household income is one of the factors. The fourth wealthiest town in Connecticut is Old Greenwich. The unemployment rate is 8.0% and the poverty rate is 8.9%. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey: Median household income is the most digestible way to understand how rich a place really is. The climate is better for persons with allergies, asthma, and other respiratory conditions. In fairness, you do get a lot of return for your investment. Considering Connecticut isnt the cheapest state in the US to start with, that alone should give you some idea of just how rich this little city is. The town is also known for having excellent public schools. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. The town has a high concentration of people from New York City who commute to work here by train or car. Most of the townspeople hold bachelors degrees or higher. New Cannan, CT Average household income: $200,203.00 Living in New Canaan is like being surrounded by family. 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. Greenwich is another of the wealthiest towns in Connecticut. Its not difficult to find a home to buy or rent, as there are 3,122 homes in the town, with just 2,935 currently occupied. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. Fairfield County is very close to New York City. New Canaan is one of the wealthiest towns in Connecticut with a median sales price of $1,155,000. Related: The 10 Wealthiest Neighborhoods in San Francisco. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. 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. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. 45.7% of the children in public schools are eligible for free or reduced lunch programs. The state is home to 91 of the US 100 most affluent zip codes. 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). Its a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. Renting is a little cheaper, but not by much expect to part with around $1,886 per month for an apartment. Living in New Canaan is like being surrounded by family. Below is a list of the wealthiest towns in Connecticut. Are you surprised by this list of the richest cities in Connecticut? Want to learn more about Darien? United States locations by per capita income, List of Connecticut locations by per capita income, United States counties by per capita income, "U.S. Census Bureau QuickFacts: Connecticut", "SELECTED ECONOMIC CHARACTERISTICS 2011-2015 American Community Survey 5-Year Estimates", "Profile of General Population and Housing Characteristics: 2010 Demographic Profile Data", U.S. states and territories by per capita income, List of United States counties by per capita income, Highest-income counties in the United States, Highest-income metropolitan statistical areas in the United States, Highest-income urban areas in the United States, Highest-income ZCTAs in the United States, Lowest-income counties in the United States, https://en.wikipedia.org/w/index.php?title=List_of_Connecticut_locations_by_per_capita_income&oldid=1133314595, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 13 January 2023, at 05:01.