A relatively small town, it offers the opportunity of doing great outdoor activities. Another one of the richest towns in Connecticut is Weston. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. Southport isnt the kind of city where keeping up with the neighbors comes cheaply. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Related: The 10 Wealthiest Cities In Missouri. All of these towns are located not too far east of Greenwich . And that makes living in the state expensive. The village also includes a historic mill complex and dam. It is also one of the most expensive places to live in the country, with a median home value of $1,051,014. . 25 Wealthiest Towns in the New York Suburbs, What are the Highest Paying Jobs in New York? Riverside Profile Page with Infographics. Riverside residents live a good work-life balance with an average commute time of 37 minutes. Darian, CT Annual household income: $232,523, 1. All in all, Riverside is a town that offers a great quality of life to its citizens. 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. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. A CT bill would expand it fur, Is CT recycling going into the trash? It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. 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. This site uses Akismet to reduce spam. With a population of 63,518, Greenwich is an upscale community with a median household income of $180,44. Related: The 10 Wealthiest Cities In New York. The town has over 120 acres of open space and over 1,000 acres of parkland. The average home price in Old Greenwich is $1.8 million. 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. As at 2019, Connecticut had a per capita income of $44,496. The Population is 8,843 in this close-knit community. Only 15% of the residents rent because most people there are homeowners. Below is a list of the wealthiest towns in Connecticut. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. 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. 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. Feel free to check out some more reading about Connecticut: Population: 40,944Rank Last Year: 1 (No Change)Median Income: $103,647Unemployment Rate: 5.0%Poverty Rate: 6.0%More on Shelton: Real Estate|Photos, Population: 50,694Rank Last Year: 2 (No Change)Median Income: $97,951Unemployment Rate: 5.6%Poverty Rate: 4.1%More on Milford: Real Estate|Photos, Population: 134,820Rank Last Year: 3 (No Change)Median Income: $99,791Unemployment Rate: 5.5%Poverty Rate: 9.4%More on Stamford: Real Estate|Photos, Population: 31,586Rank Last Year: 4 (No Change)Median Income: $86,900Unemployment Rate: 6.1%Poverty Rate: 4.9%More on Naugatuck: Real Estate|Photos, Population: 60,733Rank Last Year: 5 (No Change)Median Income: $73,604Unemployment Rate: 5.9%Poverty Rate: 8.9%More on Bristol: Real Estate|Photos, Population: 86,197Rank Last Year: 7 (Up 1)Median Income: $74,600Unemployment Rate: 6.0%Poverty Rate: 10.6%More on Danbury: Real Estate|Photos, Population: 90,821Rank Last Year: 6 (Down 1)Median Income: $91,434Unemployment Rate: 6.6%Poverty Rate: 9.7%More on Norwalk: Real Estate|Photos, Population: 47,164Rank Last Year: 8 (No Change)Median Income: $67,485Unemployment Rate: 5.6%Poverty Rate: 11.2%More on Middletown: Real Estate|Photos, Population: 40,020Rank Last Year: 9 (No Change)Median Income: $59,791Unemployment Rate: 6.1%Poverty Rate: 10.6%More on Norwich: Real Estate|Photos, Population: 55,518Rank Last Year: 12 (Up 2)Median Income: $66,868Unemployment Rate: 8.7%Poverty Rate: 11.8%More on West Haven: Real Estate|Photos. Its a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. Theres usually something going on for recreation and entertainment in the town and surrounding areas. If you want to drive your car everywhere, then this may not be the right fit for you; however, if you enjoy walking or biking, Old Greenwich has plenty to offer. Woodbridge is another wealthy Connecticut town. New Canaan is one of the wealthiest towns in Connecticut with a median sales price of $1,155,000. Above is a fundraiser at the famous Glass House in New Canaan. Its a small, charming seaside community in the Town of Greenwich with a population of 6,873. 79.4% of the community are US-born citizens, with 11.73% born in other countries. Greenwich is another of the wealthiest towns in Connecticut. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. 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. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. Its also home to some of the most expensive homes in the state. 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. 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. Learn how your comment data is processed. The unemployment rate for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. 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. The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. 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. With a median income of $59,522, Naugatuck took ninth place. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. Use Next and Previous buttons to navigate. 45.7% of the children in public schools are eligible for free or reduced lunch programs. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. There are plenty of shopping and fine dining venues in Riverside. The town also boasts one of the best school systems in all of Connecticut! According to the report, the four towns are Darien, Old Greenwich, Riverside, and . 1. 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. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. Its also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. 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. 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 fourth wealthiest town in Connecticut is Old Greenwich. Weston is also one of the best places in Connecticut to raise a family. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. Its a great place for families and young professionals to live. Stamford, CT Annual household income: $152,102, 11. Its also far below the national average rate of 3.9%. School test performance scores are above average, and 9.2% of students are eligible for free or reduced lunches at school. Shelton. Westport is one of the richest towns in Connecticut with a median household income of $222,375. You'll receive your first newsletter soon! Want to learn more about Riverside? 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. Wealthiest Towns in CT Final - Suburbs 101. Ridgefield offers something for everyone from great schools to recreation for the whole family. Despite its high per capita income, Connecticut is mainly a middle-class state. Its capital is Hartford, and its most populous city is Bridgeport. Fairfield County is very close to New York City. The streets are safe, and the schools are highly rated. All Rights Reserved. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. You can find out more about him on LinkedIn or his website. California was the most represented with 23 cities and towns making the list. [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. Being a coastal city, citizens have plenty of opportunities to spend their free time. Darien residents live a good work-life balance with an average commute time of 39 minutes. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. With a median household income of $129,919, it is home to approximately 25,033 people. There are lots of affluent communities in the Nutmeg State, and some of them are unassuming. The median household income is $99,791, and the average home price is $672,000. The average commute time from home to work is 35.7 minutes. With its quaint downtown, beautiful homes, and friendly people, its no wonder that Ridgefield was named one of the top 100 small towns in America by Money magazine! The median sales price is residential sales data for 12 month period ending January 2023. It has an average household income of $204,792, and the home prices range between $600,000-$800,000. Most Dangerous Neighborhoods in Washington DC. The town has a high concentration of people from New York City who commute to work here by train or car. Test performance scores in public schools are ranked as excellent. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. With salaries like that, most residents are having no problem in keeping up with those monster mortgage re-payments. Suburbs 101 confirms that Riverside is a wealthy suburb of the Town of Greenwich. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Its a socioeconomically Upper Middle-Class city with a median household income of $136,261. 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. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. This is a carousel. In fairness, the high prices arent unjustified. The state is home to 91 of the US 100 most affluent zip codes. We aim to deliver bite-sized pieces of infotainment about where you live. With a population of 20,622 inhabitants, the average income per household is $145,244. What makes some cities more prosperous than others? 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. 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. Westport was third in the state, and no. However, it is true that overall, the Nutmeg State is richer than most. Four of the top 20 are places in New York, including Brookville village. The most charming small towns in Connecticut are perfect for a day trip or a new home. The average family home retails for a massive $611,500, almost three times the . Head to, Natalie is a writer and travel enthusiast who loves uncovering new places along the East Coast. 20% of the residents pay rent, with 80% owning their homes. Source: US Internal Revenue Service - 2018. Certainly enough time to go to the beach after work for a picnic dinner by the water! Want to learn more about Westport? Want to learn more about Greenwich, CT? If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Property values are high, the median sales price is $1,029,000. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . According to homes.com, Ridgefield is one of the most expensive places in Connecticut to buy a home. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. The median sales price of homes in Weston is $1,225,000 with 96% of homes owner-occupied and only 4% of homes being rentals. In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. 6. Its also home to the states only national historic site, Weir Farm. 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. Related: The 10 Wealthiest Cities In California. Westport is a very desirable place to live as it ranks highly for safety.