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Theres usually something going on for recreation and entertainment in the town and surrounding areas. Its a great place for families and young professionals to live. And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. (Infographs), What are the Highest Paying Jobs in New Jersey? (Infographic), What are the Highest Paying Jobs in Connecticut? Groton rounds out the list of richest cities in the number ten spot. The small community has a population of 7,586 residents. The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. Being a coastal city, citizens have plenty of opportunities to spend their free time. Westport is one of the richest towns in Connecticut with a median household income of $222,375. The unemployment rate is 3.2%, compared to the Fairfield County unemployment rate of 5.2%. Shelton. [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. Name Census collected information for the past five years and breaks the average income levels by age group. If you want to live in Darian, youd better start saving. Darien has a population of 21,499. The average home price in Old Greenwich is $1.8 million. Fairfield County towns have made yet another list of the richest places in the U.S. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. Some haulers caught, Arming guidance counselors? 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. Riverside also offers residents a quick commute into NYC. The beautiful neighborhood is small, just 6,962, after the influx of rich business professionals. On the plus side, the median income of $190,227 is equally jaw-dropping. Most of Connecticuts wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Read on to discover the 14 richest towns in Connecticut in 2022. A relatively small town, it offers the opportunity of doing great outdoor activities. 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 state is home to 91 of the US 100 most affluent zip codes. Fairfield is one of the richest towns and among the best places to live in Connecticut. 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. Wilton, CT Annual household income: $193,292, 9. Counties [ edit] As the name implies, Southport is a port city that is situated on the coast. There is a good reason that Norwalk was listed as one of the. 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. Its the place where many believe this country originated, being home to the historic city of Plymouth. 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 Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. The unemployment and poverty rates are 7.9% and 8.5% respectively. The average price of a home is $611,500, nearly three times the national average. The unemployment rate, as of 2022, is 3.3%, far lower than the state unemployment rate of 4.1%. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. Want to learn more about Darien? Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. The town has over 120 acres of open space and over 1,000 acres of parkland. Another one of the richest towns in Connecticut is Weston. Old Greenwich enjoys a low crime rate and excellent public schools. While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. Related: The 10 Wealthiest Cities In Missouri. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. What is it like to live in Greenwich, CT. The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes. The town is also home to many hedge fund managers, bankers, and lawyers. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. Located in Fairfield County, Weston has a population of 10,354. Renters pay an average of $1,361 per month. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. The most charming small towns in Connecticut are perfect for a day trip or a new home. 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. Fairfield County is very close to New York City. Woodbridge, CT Annual household income: $205,541, 7. When you click through real estate links on our site, we earn an affiliate commission. The unemployment and poverty rates are 6.3% and 11.4% respectively. Jobs are plentiful in the area, with the working Population gainfully employed except for just 3.5%. With a population of 20,622 inhabitants, the average income per household is $145,244. Fairfield is also very safe and has low crime rates. Old Greenwich is home to some of the wealthiest Connecticut residents. 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. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. Riverside, CT Annual household income: $215,791, 5. 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. Want to learn more about Old Greenwich? Home prices in town are also high, ranging from $500,000 to $4,000,000. As of the 2020 census, the population was 1,710. The average adjusted gross income is $222,660. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. Weston, CT Annual household income: 222,535, 3. 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. 83% of the residents have a bachelors degree or higher, and the unemployment rate is low. Almost 6,300 communities met the criteria, which includes approximately 75% of total households in the U.S.". 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. 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. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. West Hartford, CT Annual household income: $142,197, 14. Most of the residents have gainful employment with high-paying jobs. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. 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. With a median household income of $129,919, it is home to approximately 25,033 people. As at 2019, Connecticut had a per capita income of $44,496. New Cannan, CT Average household income: $200,203.00, 8. 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. Only 16 states were represented in the top 100. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. Essex is another one of the richest towns in Connecticut. The average home value is $1,561,200, with 84% of the residents owning their own homes. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. The average family home retails for a massive $611,500, almost three times the national average. HomeSnacks is reader-supported. By Joselynn Chua / February 27, 2023. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. People love to enjoy life and share it with family, friends, and neighbors. 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 upside to all those sky-high prices is a median income that ranks as one of the highest in the state. Hoping for a glimpse at some of those gorgeous views for which this town is known? The Easton School District offers many different programs including art, music, and sports. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. The average value of a home is just under $800,000, which is on par with the average household income. Want to know where Connecticuts 17 billionaires and 122,000 millionaires live? In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. Newtown Borough is being credited as the richest town in the state of Connecticut. In fairness, you do get a lot of return for your investment. OnlyInYourState may earn compensation through affiliate links in this article. The median income is $80,896. Old Greenwich has a population of 6,962 and a median household income of $222,794. Old Greenwich Annual household income: $222,794, 2. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. And that makes living in the state expensive. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. Want to learn more about Riverside? Citizens of COS COB have an average commute time from home to work of 31.9 minutes, suggesting they dont need to travel far for work. Unexpectedly, after looking at the median income of residents, along with poverty levels and unemployment rates, we found that wealth is spread throughout the state. Avons diversity rate is better than most of its neighboring communities. Ridgefield is also home to several conservation areas and preserves that provide a haven for wildlife such as deer, foxes, wild turkeys, and hawks. 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? The community is known for being tight-knit with safe streets, low unemployment rates, and top-notch schools. 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 staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. Old Greenwich Profile Page with Infographics. 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. Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. 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. 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. Certainly enough time to go to the beach after work for a picnic dinner by the water! 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. Its a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. Just 16% of the homes are rentals. The median income in this city is $81,634. Grace Duffield / Hearst Connecticut Media file photo New Canaan is situated right next to Darien and is also one of the richest towns in Connecticut. 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. 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. Suburbs 101 confirms that Riverside is a wealthy suburb of the Town of Greenwich. Darian is an entire little town, and those that call it home enjoy lifes best with quaint shops, great places to dine, and plenty of recreational, shopping, and community event opportunities. Less than an hour train ride from New York City, Greenwich gives the feel of a small town with all the amenities of the big city. Easton has a thriving downtown area with many restaurants, shops, and entertainment options. The average home value is $1,150,400. 20% of the residents pay rent, with 80% owning their homes. 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. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. Living in New Canaan is like being surrounded by family. 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. Its safe, with a low crime rate. 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. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. The upscale community attracts residents who commute to New York City because its easy train ride to Manhattan. 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. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. 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. Suburbs 101is an insiders guide to suburban living. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. It has an average household income of $234,152 and 6,611 residents. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. 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. Four of the top 20 are places in New York, including Brookville village. Connecticut’s per capita income was $44,496 in 2019, according to estimates. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. This is a carousel. Home to some of the most affluent residents of Connecticut, Weston has a median household income of $222,535. Are you surprised by this list of the richest cities in Connecticut? Its among the top ten. Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. Rich people not your cup of tea? The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Keep reading. The schools are among the best in the state, making them the ideal place to raise a family. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. Easton has excellent schools both public and private schools are available. The average home price in town is $780,000. Norwalk, CT, USA 4. Most homes were built in 1965 when the community saw its largest growth spurt. Westport, CT Annual household income: $222,535, 4. Related: The 10 Wealthiest Cities In California. They found this lovely old city during the Covid-19 pandemic and relocated for a safer and serene place to live. The average home price in Southport is $600,000. Greenwich is synonymous with luxury real estate and wealth. The bright side? Liz loves the process of researching information, learning new things, and putting into words . As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. The 20 Worst Places to Live if you Have Arthritis in The U.S. The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. 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. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. 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 financial news and opinion site 24/7 Wall St . View Map of 25 Poorest Zipcodes in Connecticut. Stamford, CT Annual household income: $152,102, 11. If you dream of the quiet life, its ideal. 6. The average renter pays $2,336 per month. The town is home to many Fortune 500 companies such as General Electric and Terex Corporation. Jobs are plentiful in the city with a population of 7,453. The town has attracted the rich and famous . California was the most represented with 23 cities and towns making the list. Darians median home value sits at around $1.7M thats more than double the national average. Riverside is one of the wealthiest communities in Connecticut. In terms of per capita income, Connecticut is the richest state in the United States of America. Chris Kolmar has been in the real estate business for almost ten years now. Here are the wealthiest towns in Connecticut. Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. 91.82% of the Population is white, with 87.8% white students in the public school system. 89.3% of the homes are occupied by their owners, with 10.7% as rentals. 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. It is a very safe town surrounded by greenery. Living in West Hartford is not cheap, but the perks are worth the cost with its safe neighborhoods, upscale shopping and dining venues, and more. Fairfield is a moderate-sized city in Fairfield County. The median home value is steep at $1,382,800 for 2022. Southports location near New York City also makes it attractive for commuters working there. Isn't it grand to see Granby here in the top ten safest places in Connecticut. Its one of the areas wealthiest communities, with the median annual household income at over $215k. 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! Darian is one of the richest towns in Connecticut with a median household income of nearly $243,750. The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. Its also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. Easton, CT Annual household income: $166,875, 13.