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This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. 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. Education Levels Related: The 10 Wealthiest Cities In California. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. People love to enjoy life and share it with family, friends, and neighbors. Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. The median household income at Cos Cob is $138,125. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. 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. Weston Profile Page with Infographics. According to Area Vibes, the cost of living in Westport is 82% higher than the Connecticut average. Riverside also offers residents a quick commute into NYC. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. The first European settlement was established there in, Read More The 20 Best Places to Live in MassachusettsContinue, Already in the first quarter of 2016, vacation rental startup companies have attracted almost $100 million in investments across the United States and Europe. However, depending on the neighborhood, you can also find more affordable housing. 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. The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. Most Dangerous Neighborhoods in Washington DC. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. 10. Weston is one of the most affluent towns in Connecticut with winding country roads and highly regarded schools. Below is a list of the wealthiest towns in Connecticut. Certainly enough time to go to the beach after work for a picnic dinner by the water! The median sales price is residential sales data for 12 month period ending January 2023. Related: The 10 Wealthiest Cities In New York. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. Its also home to some of the most expensive homes in the state. Four Connecticut towns made the top 50 list (well, three. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike. Weston is one of the richest towns in Connecticut with a median household income of $207,863. 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. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. Its safe, with a low crime rate. Fairfield County is very close to New York City. Youll find parades, festivals, and occasional pop-up art exhibitions. Inflation-adjusted household income is one of the factors. The fourth wealthiest town in Connecticut is Old Greenwich. There is a good reason that Norwalk was listed as one of the best places to live in America. Above is a fundraiser at the famous Glass House in New Canaan. Fairfield is one of the richest towns and among the best places to live in Connecticut. 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. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. That ratio steadily has been. Home prices in town are also high, ranging from $500,000 to $4,000,000. 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. Test performance scores in public schools are ranked as excellent. The homes in Westport are primarily owner-occupied (85%) and only 15% rentals. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. 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. Hoping for a glimpse at some of those gorgeous views for which this town is known? The town has a thriving arts community and many of its residents are involved in local government or volunteer activities. Want to learn more about Weston? If you plan to buy a home in New Canaan, the average price is $1.36 million. Want to learn more about Old Greenwich? View Map of 25 Poorest Zipcodes in Connecticut. The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. With a median household income of $1,471,700, this is no place for people on a shoestring budget. Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes. Are you surprised by this list of the richest cities in Connecticut? Living in New Canaan is like being surrounded by family. Related: The 10 Wealthiest Cities In Missouri. If you dream of the quiet life, its ideal. The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. Shelton places in the number two spot with a median income of $87,277. Ridgefield is also home to several conservation areas and preserves that provide a haven for wildlife such as deer, foxes, wild turkeys, and hawks. Weston is in Fairfield County. Southports location near New York City also makes it attractive for commuters working there. 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. The town center village is listed as a historic district on the National Register of Historic Places. The rankings are based on income and home value. The small community has a population of 7,586 residents. Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. HomeSnacks is reader-supported. Only 15% of the residents rent because most people there are homeowners. 14 Richest Towns in Connecticut Darien Riverside Westport Old Greenwich Wilton Weston Greenwich Southport New Canaan Avon Ridgefield Stamford Woodbridge Essex 1. The third on the list is Westport. Point 2 Point Homes advises that the small community of 8,779 people has an average household income of more than $200k per year. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Essex is another one of the richest towns in Connecticut. The town has the highest percentage of residents who are wealthy, at about 30 percent. The unemployment rate is 8.0% and the poverty rate is 8.9%. The poverty rate is remarkably low at 1.12%, with median rent at $1,832 per month. It also has a number of highly rated public and private schools, which can be a major plus for families with children. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. 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. You'll receive your first newsletter soon! After all, rich people have really high salaries. Weston is also one of the best places in Connecticut to raise a family. As at 2019, Connecticut had a per capita income of $44,496. 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). They found this lovely old city during the Covid-19 pandemic and relocated for a safer and serene place to live. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. 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. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. 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. Fairfield County town is one of the most desirable places to live if you have the financial means. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. By Joselynn Chua / February 27, 2023. With a median income of $59,522, Naugatuck took ninth place. Download The Entire Connecticut Ranking Data. The median home value is $766,900, making it more affordable than some other affluent communities. Heck, the competition for the top ten richest places in The Constitution State was quite fierce, so to narrow down our list we decided to look at the 21 Connecticut cities with at least 9,000 residents. Get more stories delivered right to your email. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. 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. All Rights Reserved. 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. The result? The median household income is $99,791, and the average home price is $672,000. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. Most of the townspeople hold bachelors degrees or higher. Want to learn more about Darien? California was the most represented with 23 cities and towns making the list. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. You catch that vibe when you visit New Canaan, but its not cheap to live there. The average home price in Southport is $600,000. However, the average house prices range from $1,5 million to $3 million. Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. 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. 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. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. Here are the wealthiest towns in Connecticut. Avon is the home of 1,206 entrepreneurs. 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. Counties [ edit] Its the place where many believe this country originated, being home to the historic city of Plymouth. The unemployment rate for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. A wealthy enclave on Connecticut's Gold Coast, Greenwich is consistently ranked as one of the richest cities in America. In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. Use Next and Previous buttons to navigate. The city deserves its spot on the list as its well above the average US income. Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. 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. Grace Duffield / Hearst Connecticut Media file photo The 2010 Census revealed a growth from 6.751 residents to 7,150, showing that the town is gaining its population base. Its a desirable place to live if you can afford the costs. 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. 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. 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 bright side? Rich people not your cup of tea? 1. The state is home to 91 of the US 100 most affluent zip codes. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. Woodbridge, CT Annual household income: $205,541, 7. Its quiet, with a population density of just over 2,000 people per square mile about half that of New York City. Theres a reason this state is one of the richest in the country. 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. Darian If you want to live in Darian, you'd better start saving. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. Despite its high per capita income, Connecticut is mainly a middle-class state. 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. Known for its luxury waterfront homes, Old Greenwich has a median sales price of $2,063,000. Essex Village is a highly desirable community to live in for the affluent. Located in Fairfield County, Weston has a population of 10,354. The unemployment rate in this city is 10% and the poverty rate is 9.6%. Related: The 10 Wealthiest Cities In North Carolina. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. The average household income in Woodbridge is $96,919, and the median home price is $595,000. You can download the data here. West Simsbury has 151,104 residents as of 2022. 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. The financial news and opinion site 24/7 Wall St . How Much Are Closing Costs in Texas & Who Pays Them. Connecticut has a large number of wealthy towns and cities with high incomes among its residents, but this does not mean that every resident of Connecticut lives in a wealthy area. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. Darien has a population of 21,499. You can find out more about him on LinkedIn or his website. The town is full of greenery and offers residents a tranquil vibe. (Infographic), What are the Highest Paying Jobs in Connecticut? 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 median house price in Westport is approximately $1.5 million. 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. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. Its among the top ten. 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 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. With a median household income of $129,919, it is home to approximately 25,033 people. Four Connecticut towns made the top 50 list (well, three depending on how you look at it): Darien, Old Greenwich, Riverside (Greenwich) and Westport. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . Ranks #10 in Cheapest Places To Live In Connecticut Map Of Milford, CT Best Places Around Milford 1 Mount Sinai, NY Population 10,446 2 Sound Beach, NY Population 7,080 3 Port Jefferson, NY Population 8,016 4 Orange, CT Population 13,928 5 North Haven, CT Population 23,665 6 Shelton, CT Population 41,162 7 East Haven, CT Population 28,645 8 It's also very well educated, with over half of its residents having a college degree. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. The unemployment rate is just 3.1%, with an average commute of 33 minutes. Riverside is one of the wealthiest communities in Connecticut. We aim to deliver bite-sized pieces of infotainment about where you live. Shelton. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_2',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');So, what is the richest place in Connecticut? A median income that sits at a mammoth $352,839. New Cannan, CT Average household income: $200,203.00 Living in New Canaan is like being surrounded by family. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. There are many things to do including going to the beach and shopping at the local malls. Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. 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. The Easton School District offers many different programs including art, music, and sports. Riverside residents live a good work-life balance with an average commute time of 37 minutes. Groton rounds out the list of richest cities in the number ten spot. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. Old Greenwich Annual household income: $222,794, 2. 45.7% of the children in public schools are eligible for free or reduced lunch programs. Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". Woodbridge is another wealthy Connecticut town. Like we said earlier, when we set out to identify the richest places in Connecticut, we werent sure what wed encounter, but it ended up being some of the best places to live in Connecticut. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. 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.