Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . The median sales price is residential sales data for 12 month period ending January 2023. Its the place where many believe this country originated, being home to the historic city of Plymouth. Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. South Glastonburys Census results show a total of 2038 households in the town. It is located about 29 miles northeast of New York City, offering residents an easy commute to the city. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. Shelton places in the number two spot with a median income of $87,277. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. Home to some of the most affluent residents of Connecticut, Weston has a median household income of $222,535. With a median household income of $1,471,700, this is no place for people on a shoestring budget. Its capital is Hartford, and its most populous city is Bridgeport. Avons diversity rate is better than most of its neighboring communities. Liz loves the process of researching information, learning new things, and putting into words . 1. New Canaan is situated right next to Darien and is also one of the richest towns in Connecticut. The Population is 8,843 in this close-knit community. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. 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. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. 89.3% of the homes are occupied by their owners, with 10.7% as rentals. With an average household income of $236,892 per year, it is one of the richest towns in the state. The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. 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 next town on this list is Wilton. A handful of factors, from the number of businesses in an area to its median income, have an impact on whether residents are thriving or struggling financially. 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. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. The town also boasts one of the best school systems in all of Connecticut! Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. Most homes were built in 1965 when the community saw its largest growth spurt. Westport is one of the richest towns in Connecticut with a median household income of $222,375. The town has a thriving arts community and many of its residents are involved in local government or volunteer activities. 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. The average commute time from home to work is 35.7 minutes. The homes in Westport are primarily owner-occupied (85%) and only 15% rentals. Living there isnt cheap, though. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. Thats right, folks, the Gold Coast didnt get its name because gold was found on Connecticuts beaches. Darian will be the second wealthiest city in Connecticut in 2022. Actual ranking depends on what metrics are used, but in general, Connecticut ranks within the five wealthiest states in the country. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. The unemployment rate is 3.2%, compared to the Fairfield County unemployment rate of 5.2%. 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. The financial news and opinion site 24/7 Wall St . 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. Related: The 10 Wealthiest Cities In California. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. 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. Chris Kolmar has been in the real estate business for almost ten years now. Fairfield County is very close to New York City. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. Were just going to leave this right here. New Canaan and other wealthy towns made it onto the state's list of "disproportionately impacted areas" for favorable treatment in the marijuana legalization rollout, due to a quirk in the data. Gov. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. On this Wikipedia the language links are at the top of the page across from the article title. Located in Fairfield County, Darien residents have it all- pristine beaches, private Country Clubs and Yacht clubs, a charming downtown, and an easy train ride to NYC. Connecticut is one of the wealthiest states in the US. Head out on a fun getaway to these spots: Thank you! So, want to know where its just as difficult to Keep up with the Connecticuters as it is The Kardashians? As one of the Nutmeg state's oldest towns, it also represents one of the richest. Its a peaceful town thats a great place for people who want to get away from hectic city life and enjoy nature. What is it like to live in Greenwich, CT? South Glastonbury, CT Annual household income: $135,596, 18. The seaside neighborhood is a part of the Town of Greenwich, nestled on the beautiful waterfront with homes on its private beaches and all of the quaint little shops and dining venues the heart could desire. Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. 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. Its a socioeconomically Upper Middle-Class city with a median household income of $136,261. The information presented in this article are based on data from theUS Census American Community SurveyandRedfin. The next richest town in Connecticut is Ridgefield. Being a coastal city, citizens have plenty of opportunities to spend their free time. However, it is true that overall, the Nutmeg State is richer than most. All of these towns are located not too far east of Greenwich . Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. Southport, CT Annual household income: $310,831, The 10 Best Places to Live in Austin for Singles, The 20 Safest Places To Live in Tennessee, Tips on How to Use a HELOC To Buy Real Estate, The 20 Best Places to Live in Latin America. 2015-2023 Chasing Chains, LLC. Want to learn more about Darien? Four Connecticut towns made the top 50 list (well, three. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. 83% of the residents have a bachelors degree or higher, and the unemployment rate is low. Old Greenwich has a population of 6,962 and a median household income of $222,794. Hoping for a glimpse at some of those gorgeous views for which this town is known? Weston is also one of the best places in Connecticut to raise a family. The unemployment rate for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. Avon, CT Annual household income: $187,080, 10. The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. There is a good reason that Norwalk was listed as one of the. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. The town has the highest percentage of residents who are wealthy, at about 30 percent. Old Greenwich Annual household income: $222,794, 2. 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. Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. 9. As at 2019, Connecticut had a per capita income of $44,496. Love Connecticut? Grace Duffield / Hearst Connecticut Media file photo The largest city in Litchfield County, Torrington, grabs the number eight spot. West Simsbury has 151,104 residents as of 2022. 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. 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. Although the town is small, youll find plenty of recreational venues, cafes, restaurants, and shops. 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 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. Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. 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. A CT bill would expand it fur, Is CT recycling going into the trash? The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. Its come a long way in the past 10 years since the last Census. 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. 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 average adjusted gross income is $222,660. 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. Weston residents live a good work-life balance with an average commute time of 42 minutes. Isn't it grand to see Granby here in the top ten safest places in Connecticut. 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. 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. However, test score performance in the public school system gets a poor ranking. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. We suspect that the recent pandemic took a toll on residents who lost their jobs, with some forced to relocate for more affordable housing. 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. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. There are lots of affluent communities in the Nutmeg State, and some of them are unassuming. Most of the townspeople hold bachelors degrees or higher. Newtown Borough is being credited as the richest town in the state of Connecticut. 14 Richest Towns in Connecticut Darien Riverside Westport Old Greenwich Wilton Weston Greenwich Southport New Canaan Avon Ridgefield Stamford Woodbridge Essex 1. 79.4% of the community are US-born citizens, with 11.73% born in other countries. (and lowest paying jobs). The town has a high concentration of people from New York City who commute to work here by train or car. Fairfield County towns have made yet another list of the richest places in the U.S. 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? The unemployment rate is lower than the state rate of 4.1% and the national rate of 3.9%. Some haulers caught, Arming guidance counselors? Wilton, CT Annual household income: $193,292, 9. The average household income in Woodbridge is $96,919, and the median home price is $595,000. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. Below is a list of the wealthiest towns in Connecticut. Norwalk, CT, USA 4. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. The state is home to 91 of the US 100 most affluent zip codes. Darien residents live a good work-life balance with an average commute time of 39 minutes. In Essex Village, the median income for married people with families is $172,302 for married people with families, and slightly lower for unmarried with families. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. 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. Riverside has a population of 8,843. 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. Riverside Profile Page with Infographics. The town is partly in Hartford County, with some areas in Middlesex County. 1. >> Click through to see how each CT spot ranked as well as each household income average. This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. Essex is another one of the richest towns in Connecticut. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. Connecticut’s per capita income was $44,496 in 2019, according to estimates. The homes in Darien are primarily owner-occupied (87%) with only 13% rentals. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. Its also far below the national average rate of 3.9%. 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). What determines the overall wealth of a city? Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. The schools are excellent and the town is beautiful, with tree-lined streets and old-fashioned townhouses. You catch that vibe when you visit New Canaan, but its not cheap to live there. The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. HomeSnacks is reader-supported. The bright side? The average price of a home is $611,500, nearly three times the national average. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. 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. All Rights Reserved. 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. Stamford Wikipedia/John Westport is in the top five most affluent cities in Connecticut for 2022. Fairfield is also very safe and has low crime rates. 96% of the residents are homeowners with a median home value of $868,200. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. Its in Hartford County. A wealthy enclave on Connecticut's Gold Coast, Greenwich is consistently ranked as one of the richest cities in America. the average home value is $1,471,700. We analyzed 21 places in Connecticut to determine where the 1% live. 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. Want to learn more about Weston? However, depending on the neighborhood, you can also find more affordable housing. 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. Well, HomeSnacks crunched the numbers and discovered that Stamford is the most expensive place to live in Connecticut. Darian, CT Annual household income: $232,523, 1. Old Greenwich Profile Page with Infographics. Easton is a great place to raise a family because it has a good school system. The Easton School District offers many different programs including art, music, and sports. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. (Infographs), What are the Highest Paying Jobs in New Jersey? The remaining six wealthy Connecticut communities, all in Greenwich, in order are. 20% of the residents pay rent, with 80% owning their homes. 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. Westport is one of the wealthiest towns in Connecticut. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. The median income in Danbury is $67,430 helping to secure its 5th place ranking. There are also many beautiful parks and green spaces throughout town. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. Visit Bloomberg for the full report. Source: US Internal Revenue Service - 2018.

Panelized Tornado Shelter, Start Hive Server Command Line, Ethnolinguistic Groups In The World, Signs Nursing Interview Went Well, Q104 Cleveland Contests, Articles R