Weston is one of the most affluent towns in Connecticut with winding country roads and highly regarded schools. The result? A CT bill would expand it fur, Is CT recycling going into the trash? The majority are white-collar workers, just 4.96% in the blue-collar classification. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. (and lowest paying jobs). Darian, CT Annual household income: $232,523, 1. Redding has a median home sales price of $1,030,000 and a median household income of $138,125. It's 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. Home to some of the most affluent residents of Connecticut, Weston has a median household income of $222,535. Although the town only has 6,754 residents, the median income per capita is $91,618, which is well above the average median income in the US. Easton is a great place to raise a family because it has a good school system. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. 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. 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. 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. 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. Zip Data lists West Hartford as one of the 20 richest cities in the state. Fairfield County is very close to New York City. The unemployment and poverty rates are 7.9% and 8.5% respectively. 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. A relatively small town, it offers the opportunity of doing great outdoor activities. Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. Its the place where many believe this country originated, being home to the historic city of Plymouth. 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. 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. Keep reading. Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. America's wealthiest people are starting to move into smaller cities, a new wealth report says. The unemployment rate is 3.2%, compared to the Fairfield County unemployment rate of 5.2%. The median household income at Cos Cob is $138,125. Read More The 20 Safest Places To Live in TennesseeContinue, If you dont know what a HELOC is, dont feel stupid. Essex Village is a highly desirable community to live in for the affluent. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. The town is full of greenery and offers residents a tranquil vibe. The town has a high concentration of people from New York City who commute to work here by train or car. This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. The city deserves its spot on the list as its well above the average US income. 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. There are many things to do including going to the beach and shopping at the local malls. The communities in this city are close, and they love to sponsor community events for the residents and visitors. Essex is another one of the richest towns in Connecticut. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. 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. Test performance scores in public schools are ranked as excellent. Living there isnt cheap, though. It is bordered by Rhode Island to the east, Massachusetts to the north, New York to the west, and Long Island Sound to the south. Rentals are much higher than most, with an average of $2,443 per month for non-homeowners. Youll find parades, festivals, and occasional pop-up art exhibitions. Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. 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. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. The richest town in Connecticut is Darien, with a median household income of $251,200. Only 4% of the homes in the community are available for rent. Isn't it grand to see Granby here in the top ten safest places in Connecticut. 1. Old Greenwich is a perfect place to live if youre looking for an upscale quiet community with excellent schools, but its not exactly pedestrian friendly when it comes to getting around town! The local school system is also amongst the best in the state. Norwalk, CT, USA 4. What is it like to live in Greenwich, CT? . We analyzed 21 places in Connecticut to determine where the 1% live. The average price of a home is $611,500, nearly three times the national average. Only 16 states were represented in the top 100. 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'll receive your first newsletter soon! Counties [ edit] CT proposal causes confusion, concern. 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. 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 median income is $80,896. Above is a fundraiser at the famous Glass House in New Canaan. Easton has a thriving downtown area with many restaurants, shops, and entertainment options. The schools are among the best in the state, making them the ideal place to raise a family. All rights reserved. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. 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. The Easton School District offers many different programs including art, music, and sports. Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. The unemployment rate in this city is 10% and the poverty rate is 9.6%. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. The next richest town in Connecticut is Ridgefield. Actual ranking depends on what metrics are used, but in general, Connecticut ranks within the five wealthiest states in the country. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. Fairfield. 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. The median sales price is residential sales data for 12 month period ending January 2023. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. South Glastonbury, CT Annual household income: $135,596, 18. New Cannan, CT Average household income: $200,203.00, 8. The remaining six wealthy Connecticut communities, all in Greenwich, in order are. However, depending on the neighborhood, you can also find more affordable housing. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. Westport residents live a good work-life balance with an average commute time of 44 minutes. Westport is one of the wealthiest towns in Connecticut. Its one of the areas wealthiest communities, with the median annual household income at over $215k. 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 median household income in Riverside is $250,000, and most homes sell for over $2.5 million. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. 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. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. The 20 Worst Places to Live if you Have Arthritis in The U.S. HomeSnacks is reader-supported. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. If you want to live in Darian, youd better start saving. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. Theres usually something going on for recreation and entertainment in the town and surrounding areas. Another one of the richest towns in Connecticut is Weston. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. Four Connecticut towns made the top 50 list (well, three. 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. Stamford Wikipedia/John 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. It has an average household income of $204,792, and the home prices range between $600,000-$800,000. The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. 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. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. 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. Westport is a very desirable place to live as it ranks highly for safety. 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. What is it like to live in Greenwich, CT. 22 overall, with average household income at $270,222. 9. 20% of the residents pay rent, with 80% owning their homes. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. West Simsbury is classified socioeconomically as an upper-middle-class zip code compared to other zip codes in Connecticut. The percentage of students eligible for participation in reduced or free lunch programs is 32.7%, which is low compared to many other cities in the state. Fairfield County town is one of the most desirable places to live if you have the financial means. Old Greenwich has a population of 6,962 and a median household income of $222,794. The median household income in New Canaan is $214,977. It has a great location, close to major highways and a short drive from New York City. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. In a city with a population of 52,005, the median income came in at $81,971. We also looked at things that make rich people happy: fellow neighbors with high median income levels, world class educational opportunities, low crime, and posh amenities. Southports location near New York City also makes it attractive for commuters working there. As of the 2020 census, the population was 1,710. Home to over 136,309 people, Stamford is the richest city in Connecticut. Westport is in the top five most affluent cities in Connecticut for 2022. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. 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.. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. DARIEN, CT Darien is the wealthiest town in Connecticut, where the median household income is more than $200,000, according to a new report. West Simsbury, CT Annual household income: $109,590, 19. Most Expensively 2023. Located in Fairfield County, Weston has a population of 10,354. The town has over 120 acres of open space and over 1,000 acres of parkland. The average value of a home is just under $800,000, which is on par with the average household income. There are also many beautiful parks and green spaces throughout town. You can find out more about him on LinkedIn or his website. All of these towns are located not too far east of Greenwich . Let's go! If you like close-knit communities with family-friendly vibes, well-respected schools, beautifully maintained parks, top-notch libraries, world-class restaurants, and a host of activities to get involved in (parades, festivals, pop up art exhibitions, shows the list goes on), then youre going to love New Canaan. Grace Duffield / Hearst Connecticut Media file photo While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. Inflation-adjusted household income is one of the factors. The unemployment rate, as of 2022, is 3.3%, far lower than the state unemployment rate of 4.1%. 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. The town center village is listed as a historic district on the National Register of Historic Places. 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. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. Milford grabbed the top place in this list of richest cities. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. Weston is in Fairfield County. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . Westport is one of the wealthiest towns in Connecticut. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. 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. As at 2019, Connecticut had a per capita income of $44,496. 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. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. Property values are high, the median sales price is $1,029,000. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. Shelton places in the number two spot with a median income of $87,277. Its a great place for families and young professionals to live. Learn how your comment data is processed. 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! 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. Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. Despite its high per capita income, Connecticut is mainly a middle-class state. Contact: nclunan@onlyinyourstate.com, The Cafeteria With Some Of The Best Home-Cooked Food In Connecticut, See Mermaids In Real Life Right Here in Connecticut At The Mystic Aquarium, This Rustic Restaurant In Connecticut Serves Up Heaping Helpings Of Country Cooking, The Terrifying, Deadly Plane Crash In Connecticut That Will Never Be Forgotten, Here Are The 8 Poorest Cities In Connecticut, Here Are The 10 Cheapest Yet Great Places To Live In Connecticut, The 9 Most Dangerous Cities in Connecticut, Here Are The 9 Most Dangerous Places In Connecticut After Dark, Whittemore Glen State Park in Naugatuck, Connecticut, Bluff Point State Park in Groton, Connecticut. Head to, Natalie is a writer and travel enthusiast who loves uncovering new places along the East Coast. 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. 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. Southport isnt the kind of city where keeping up with the neighbors comes cheaply. Below is a list of the wealthiest towns in Connecticut. 91.82% of the Population is white, with 87.8% white students in the public school system. 6. Most Dangerous Neighborhoods in Washington DC. 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. Connecticut is the wealthiest state in the United States of America in terms of per capita incomes and wealth. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. Name Census collected information for the past five years and breaks the average income levels by age group. There is a good reason that Norwalk was listed as one of the best places to live in America. Its an Upper-Middle-Class town with a median household income of just under $141K. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. 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). Youll find a community of 1,300 Wall Street execs and affiliates living in Old Greenwich, Connecticut. 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. It has a population of 27,141. The average family home retails for a massive $611,500, almost three times the . A wealthy enclave on Connecticut's Gold Coast, Greenwich is consistently ranked as one of the richest cities in America. 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. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. It's also very well educated, with over half of its residents having a college degree. The Census ranks individual city wealth by a formula that averages the household incomes, including the adjusted gross income and the average household income. 4.2% of public school students are eligible for free or reduced lunch, and test performance in the public schools for Redding is excellent. The town is also home to many hedge fund managers, bankers, and lawyers. Want to learn more about Riverside? Fairfield is also very safe and has low crime rates. Its a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. If you can afford a mortgage, its the better way to go in Fairfield. According to Area Vibes, the cost of living in Westport is 82% higher than the Connecticut average. West Hartford, CT Annual household income: $142,197, 14. 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. The largest city in Litchfield County, Torrington, grabs the number eight spot. With a median household income of $1,471,700, this is no place for people on a shoestring budget. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. 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.