richest towns in connecticut

. 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. Test performance scores in public schools are ranked as excellent. If you plan to buy a home in New Canaan, the average price is $1.36 million. It has a population of 33,900 residents. However, depending on the neighborhood, you can also find more affordable housing. Most of the townspeople hold bachelors degrees or higher. Wilton, CT Annual household income: $193,292, 9. Most Expensively 2023. 4.2% of public school students are eligible for free or reduced lunch, and test performance in the public schools for Redding is excellent. Learn how your comment data is processed. The median sales price of homes in Riverside is $834,000. With a median income of $59,522, Naugatuck took ninth place. The average household income in Woodbridge is $96,919, and the median home price is $595,000. The current Population is 2,601, with an annual growth rate of 0.35%. Among Connecticut cities and towns, the wealthiest are the big spenders As the name implies, Southport is a port city that is situated on the coast. Redding has a median home sales price of $1,030,000 and a median household income of $138,125. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. The town is home to many Fortune 500 companies such as General Electric and Terex Corporation. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. Many of these towns are wonderful places to live due to their incredible verdant spaces and proximity to the city and ocean. Connecticut - Wikipedia The town also boasts one of the best school systems in all of Connecticut! A town covered in vibrant nature, Avon is one of the richest towns in Connecticut. Connecticut’s per capita income was $44,496 in 2019, according to estimates. 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. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. What are the most charming small towns in Connecticut? What makes some cities more prosperous than others? Old Greenwich has a population of 6,962 and a median household income of $222,794. All of these towns are located not too far east of Greenwich . You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. Weston is also one of the best places in Connecticut to raise a family. Bloomberg reports that in Atherton, "the cheapest house on the market is currently listed for $2.5 million, according to real estate marketplace Above is a fundraiser at the famous Glass House in New Canaan. Greenwich is synonymous with luxury real estate and wealth. Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. The upscale community attracts residents who commute to New York City because its easy train ride to Manhattan. Weston is one of the most affluent towns in Connecticut with winding country roads and highly regarded schools. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . A relatively small town, it offers the opportunity of doing great outdoor activities. Point 2 Point Homes advises that the small community of 8,779 people has an average household income of more than $200k per year. Theres a reason this state is one of the richest in the country. The town is also known for having excellent public schools. Connecticut towns make Bloomberg list of richest places Here are the 10 most expensive places to live in Connecticut for 2023: Stamford Norwalk Danbury New Haven Hartford Bridgeport Ansonia New London Middletown Groton What's the most expensive place to live in Connecticut? Westport Profile Page with Infographics. 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. The median household income is $99,791, and the average home price is $672,000. Top 25 Wealthiest Zipcodes in Connecticut - Riverside is one of the wealthiest communities in Connecticut. Map of 25 Wealthiest Zipcodes in Connecticut Based on Average Adjusted Gross Income. The 10 Richest People in Connecticut - Money Inc If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. 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. HomeSnacks is reader-supported. Weston Profile Page with Infographics. A median income that sits at a mammoth $352,839. She also enjoys creative writing, content writing on nearly any topic (particularly business and lifestyle), because as a lifelong learner, she loves to do research and possess a high skill level in this area. Connecticut is no ones idea of a poor state. 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. Name Census collected information for the past five years and breaks the average income levels by age group. The high demand is getting harder to find places for sale. In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. The community is known for being tight-knit with safe streets, low unemployment rates, and top-notch schools. In terms of per capita income, Connecticut is the richest state in the United States of America. Its a great place for families and young professionals to live. Newtown Borough is being credited as the richest town in the state of Connecticut. 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. Weston, CT Annual household income: 222,535, 3. The upside to all those sky-high prices is a median income that ranks as one of the highest in the state. With a population of 63,518, Greenwich is an upscale community with a median household income of $180,44. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . 87% of the residents own their homes, and just 13% rent. Despite its small size, it is home to 18,932 people. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. The unemployment rate tries to capture the prospects for more people to become rich. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. The median house price in Westport is approximately $1.5 million. Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. Actual ranking depends on what metrics are used, but in general, Connecticut ranks within the five wealthiest states in the country. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. Living there isnt cheap, though. Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. 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. Southport has a long history as a summer resort and residential community. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. On top of all these benefits, Westport is also an attractive place for people who want to start businesses because they can get affordable office space and high-quality amenities like restaurants and nightlife. (Infographs), What are the Highest Paying Jobs in New Jersey? New Canaan is situated right next to Darien and is also one of the richest towns in Connecticut. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. Youll find a community of 1,300 Wall Street execs and affiliates living in Old Greenwich, Connecticut. 91.82% of the Population is white, with 87.8% white students in the public school system. You catch that vibe when you visit New Canaan, but its not cheap to live there. Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. 96% of the residents are homeowners with a median home value of $868,200. The fourth wealthiest town in Connecticut is Old Greenwich. 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). With 733 . It has a great location, close to major highways and a short drive from New York City. 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. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. Connecticut is home to some of the wealthiest people in America. If you love the outdoors, check out the beautiful. Fairfield. 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. Riverside Profile Page with Infographics. The 10 Best Places To Live In Connecticut For 2022 - HomeSnacks The town center village is listed as a historic district on the National Register of Historic Places. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. Rich people not your cup of tea? There are also several golf courses in town that draw a lot of people from around the world. This site uses Akismet to reduce spam. Gov. With Connecticut being so close to New York City, it has become a favorite place for wealthy New Yorkers looking to buy a quaint, suburban home. Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Theres usually something going on for recreation and entertainment in the town and surrounding areas. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. Its also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. The communities in this city are close, and they love to sponsor community events for the residents and visitors. 83% of the residents have a bachelors degree or higher, and the unemployment rate is low. You can find out more about him on LinkedIn or his website. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. OnlyInYourState may earn compensation through affiliate links in this article. The local school system is also amongst the best in the state. 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. The Upper Middle-Class neighborhood has an unemployment rate of 2.8% in its 06073 zip code compared to the Harford County rate of 6% and the state rate of 4.01%. The unemployment rate is 7.3% while the poverty rate is higher at 11.2%. What is it like to live in Greenwich, CT. 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. Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. There are plenty of shopping and fine dining venues in Riverside. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. To see the other wealthy places that made this list, take a look below. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike. Fairfield is a moderate-sized city in Fairfield County. 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. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. Counties [ edit] Its among the top ten. 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. Darian is one of the richest towns in Connecticut with a median household income of nearly $243,750. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. Riverside also offers residents a quick commute into NYC. The average home value is $1,150,400. Stamford is a city in Fairfield County with a population of 14,499. There's 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. New Cannan, CT Average household income: $200,203.00, 8. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. Stamford, CT Annual household income: $152,102, 11. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. This is a carousel. Are you surprised by this list of the richest cities in Connecticut? Most homes were built in 1965 when the community saw its largest growth spurt. All in all, Riverside is a town that offers a great quality of life to its citizens. The small community has a population of 7,586 residents. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. However, the average house prices range from $1,5 million to $3 million. Shelton places in the number two spot with a median income of $87,277. The town has a high concentration of people from New York City who commute to work here by train or car. Darians median home value sits at around $1.7M thats more than double the national average. Visit Bloomberg for the full report. 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. Property values are high, the median sales price is $1,029,000. Groton rounds out the list of richest cities in the number ten spot. Westport is one of the wealthiest towns in Connecticut. We analyzed 21 places in Connecticut to determine where the 1% live. 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. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. 20% of the residents pay rent, with 80% owning their homes. 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. the average home value is $1,471,700. Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. View Map of 25 Poorest Zipcodes in Connecticut. 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: There are many things to do including going to the beach and shopping at the local malls. With a median household income of $1,471,700, this is no place for people on a shoestring budget. 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.. Keep reading. 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. California was the most represented with 23 cities and towns making the list. Fairfield County town is one of the most desirable places to live if you have the financial means. Related: The 10 Wealthiest Neighborhoods in San Francisco. Education Levels Want to know where Connecticuts 17 billionaires and 122,000 millionaires live? 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. The most charming small towns in Connecticut are perfect for a day trip or a new home. It is a Fairfield County city home to many wealthy residents who enjoy private country clubs, yacht clubs, and pristine beaches. New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. The majority are white-collar workers, just 4.96% in the blue-collar classification. When you learn that the average cost of a single-family home is $1,150,400 and the median income is $206,466, youll be left in no doubt. However, its also popular among locals so much so that there are rumors that it might become a commuter town for New York City residents. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. The median income is $80,896. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury.

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