Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. The average family home retails for a massive $611,500, almost three times the national average. Its a desirable place to live if you can afford the costs. Connecticut is no ones idea of a poor state. With a median household income of $129,919, it is home to approximately 25,033 people. The town has a high concentration of people from New York City who commute to work here by train or car. Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. Easton is a great place to raise a family because it has a good school system. Inflation-adjusted household income is one of the factors. Considering Connecticut isnt the cheapest state in the US to start with, that alone should give you some idea of just how rich this little city is. Located in Fairfield County, Weston has a population of 10,354. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. Weston, CT Annual household income: 222,535, 3. To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. 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. Just 16% of the homes are rentals. With a median income of $59,522, Naugatuck took ninth place. 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In the last year, its got even wealthier thanks to the influx of wealthy Wall Street types that have abandoned Covid stricken New York for the attractions of this exclusive enclave according to Business Insider, over 1300 of them have made the move since the pandemic started. The homes in Darien are primarily owner-occupied (87%) with only 13% rentals. 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. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. Westport is a very desirable place to live as it ranks highly for safety. All in all, Riverside is a town that offers a great quality of life to its citizens. Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. Its also a great place for students who want to attend college because it has many colleges and universities nearby such as the University of Connecticut, Yale University, Quinnipiac University, and Sacred Heart University. 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. Essex is another one of the richest towns in Connecticut. 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. Most Dangerous Neighborhoods in Washington DC. Redding has a median home sales price of $1,030,000 and a median household income of $138,125. A relatively small town, it offers the opportunity of doing great outdoor activities. The second wealthiest town in Connecticut is Riverside. The average value of a home is just under $800,000, which is on par with the average household income. Milford, CT - HomeSnacks Most Expensively 2023. Most homes were built in 1965 when the community saw its largest growth spurt. Southports location near New York City also makes it attractive for commuters working there. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. New Canaan has a small-town feel with big-city amenities. Both coasts have some, Read More The 10 Best Places to Live on the West Coast of FloridaContinue, Massachusetts is one of the most remarkable states in America. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. 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! 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. All rights reserved. If you want to live in Darian, youd better start saving. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. What is it like to live in Greenwich, CT. Fairfield is also very safe and has low crime rates. Milford grabbed the top place in this list of richest cities. >> Click through to see how each CT spot ranked as well as each household income average. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. Easton, CT Annual household income: $166,875, 13. Save my name, email, and website in this browser for the next time I comment. Want to learn more about Greenwich, CT? Westport is one of the wealthiest towns in Connecticut. Newtown Borough is being credited as the richest town in the state of Connecticut. West Hartford, CT Annual household income: $142,197, 14. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. 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). Suburbs 101is an insiders guide to suburban living. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. It has a great location, close to major highways and a short drive from New York City. 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. View Map of 25 Poorest Zipcodes in Connecticut. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. All Rights Reserved. The schools are among the best in the state, making them the ideal place to raise a family. Weston residents live a good work-life balance with an average commute time of 42 minutes. 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. The 10 Best Places to Live on the West Coast of Florida, The 20 Best Places to Live in Massachusetts, Where $100 million in Vacation Rental Startups is Going, The 10 Cheapest Places to Live in Colorado, Eight Reasons to go to French Polynesias Marquesas Islands, How Lisa Rinna Achieved a Net Worth of $10 Million, 20 Cities with The Worst Weather in Europe, How Zac Stacy Achieved a Net Worth of $6 Million. If you plan to buy a home in the city, the median home value is $330,100. Not to mention, if youre looking to get your kid into a university that produces more millionaires than the Connecticut Lottery, theres the University of Connecticut in Storrs and Yale University in New Haven. The unemployment rate is 7.3% while the poverty rate is higher at 11.2%. The 10 Richest Cities in Connecticut - Most Expensively In terms of per capita income, it beats the nearest competition by a huge margin of almost $4000. 14 Richest Towns in Connecticut (2022) | PropertyClub The village also includes a historic mill complex and dam. Four of the top 20 are places in New York, including Brookville village. 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. Suburbs 101 confirms that Riverside is a wealthy suburb of the Town of Greenwich. Its a small town of 10,354. Haar: Wealthy towns make CT cannabis list of 'impacted areas' The average commute time from home to work is 35.7 minutes. 91.82% of the Population is white, with 87.8% white students in the public school system. Four Connecticut towns made the top 50 list (well, three depending on how you look at it): Darien, Old Greenwich, Riverside (Greenwich) and Westport. Its a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. Map of 25 Wealthiest Zipcodes in Connecticut Based on Average Adjusted Gross Income. Fairfield is one of the richest towns and among the best places to live in Connecticut. The average home price in Old Greenwich is $1.8 million. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. The local school system is also amongst the best in the state. Heck, the competition for the top ten richest places in The Constitution State was quite fierce, so to narrow down our list we decided to look at the 21 Connecticut cities with at least 9,000 residents. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. If you dream of the quiet life, its ideal. . DiscoverNet | The 10 Richest Cities in Connecticut On the plus side, the median income of $190,227 is equally jaw-dropping. A CT bill would expand it fur, Is CT recycling going into the trash? According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. Renting is a little cheaper, but not by much expect to part with around $1,886 per month for an apartment. 18 Top-Rated Small Towns in Connecticut | PlanetWare It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. Riverside also offers residents a quick commute into NYC. The third on the list is Westport. Shelton. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. Head out on a fun getaway to these spots: Thank you! Liz loves the process of researching information, learning new things, and putting into words . The high demand is getting harder to find places for sale. After Riverside and Greenwich, the next four richest towns are Darien ($599,920), New Canaan ($532,440), Old Greenwich ($530,250), and Rowayton ($422,210). Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. Theres a reason this state is one of the richest in the country. Redding, CT Annual household income: $140,995, 15. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. Here Are The 10 Richest Cities In Connecticut - OnlyInYourState People love to enjoy life and share it with family, friends, and neighbors. 10 Wealthiest Towns in Connecticut (2023) - Suburbs 101 Look here. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. Only 16 states were represented in the top 100. Living there isnt cheap, though. A median income that sits at a mammoth $352,839. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. This Is The Richest Town In Connecticut | iHeart Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. 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. Get more stories delivered right to your email. It has a population of 33,900 residents. Below is a list of the wealthiest towns in Connecticut. Are you surprised by this list of the richest cities in Connecticut? Its less ideal, however, if your bills are already bigger than your income. 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. 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. Certainly enough time to go to the beach after work for a picnic dinner by the water! You're Really Wealthy If You Live In One Of These 6 CT - Patch As one of the Nutmeg state's oldest towns, it also represents one of the richest. Were just going to leave this right here. As of the 2020 census, the population was 1,710. 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. 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. Avons diversity rate is better than most of its neighboring communities. What are the richest towns in Connecticut? Darian If you want to live in Darian, you'd better start saving. Gov. $55,137 is the median income in this city while the unemployment and poverty rates are 7.5% and 13.4% respectively. How Much Are Closing Costs in Texas & Who Pays Them. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. HomeSnacks is reader-supported. The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. Most of Connecticuts wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. 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. It has an average household income of $204,792, and the home prices range between $600,000-$800,000. 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.. 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. Fairfield is a moderate-sized city in Fairfield County. COS COB, CT Annual household income: $136,261, 17. Darian is on Long Island Sound and offers waterfront property for sale and for rent. If you thought that renting would help cut costs to a more reasonable level, think again according to Niche, the average cost of renting a home in this exclusive little city is over twice the national average at $2,469. The largest city in Litchfield County, Torrington, grabs the number eight spot. Many of these towns are wonderful places to live due to their incredible verdant spaces and proximity to the city and ocean. To compiler their 2020 list of the 50 richest places, Bloomberg "evaluated inflation-adjusted household data for all U.S. locations with a minimum of 2,000 households (as defined by the Census), and ranked them based on average household income. The town is home to many Fortune 500 companies such as General Electric and Terex Corporation. 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. Home to over 136,309 people, Stamford is the richest city in Connecticut. The unemployment rate is lower than the state rate of 4.1% and the national rate of 3.9%. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. Fairfield County is very close to New York City. 25 Wealthiest Towns in the New York Suburbs, What are the Highest Paying Jobs in New York? Jobs are plentiful in the city with a population of 7,453. The town is also known for having excellent public schools. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. 6. Weston Profile Page with Infographics. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. Connecticut is one of the wealthiest states in the US. The median sales price is residential sales data for 12 month period ending January 2023. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. There is a good reason that Norwalk was listed as one of the best places to live in America. Its a small, charming seaside community in the Town of Greenwich with a population of 6,873. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. The current Population is 2,601, with an annual growth rate of 0.35%. Norwalk, CT, USA 4. If you love the outdoors, check out the beautiful. In todays world of language everything has an acronym dreamed up by some marketing or English major who feels the need to make everything, Read More Tips on How to Use a HELOC To Buy Real EstateContinue, Tucked in between North America and South America, the 20 countries that make up Latin America cover an enormous range of landscapes, climates, cultures, and traditions. Want to learn more about Riverside? Four Connecticut towns made the top 50 list (well, three. 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. Fairfield County town is one of the most desirable places to live if you have the financial means. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. This site uses Akismet to reduce spam. It's also home to the state's only national historic site, Weir Farm. Whenever any publication compiles a list of Americas richest cities, theres one name you can always count on seeing Old Greenwich. Darien is one of the wealthiest towns in Connecticut. 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. Source: US Internal Revenue Service - 2018. If the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. There are also plenty of parks throughout the town including Waterside Park which offers a great view of Long Island Sound as well as tennis courts and playgrounds for children. What are the most charming small towns in Connecticut? Connecticut’s per capita income was $44,496 in 2019, according to estimates. The unemployment rate for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. Related: The 10 Wealthiest Cities In Missouri. As the name implies, Southport is a port city that is situated on the coast. Fairfield. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. Westport, CT Annual household income: $222,535, 4. The average home value is $650,400. This is a carousel. CT proposal causes confusion, concern. 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. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. The Most Affluent, Richest, High-Income Places in the US According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Darian is one of the richest towns in Connecticut with a median household income of nearly $243,750. Old Greenwich enjoys a low crime rate and excellent public schools. 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. Old Greenwich Profile Page with Infographics. Property values are high, the median sales price is $1,029,000. Westport residents live a good work-life balance with an average commute time of 44 minutes. 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. Ridgefield, CT Annual household income: $206,560, 6. Its also far below the national average rate of 3.9%. Westport is one of the wealthiest towns in Connecticut. The small community has a population of 7,586 residents. 1. The information presented in this article are based on data from theUS Census American Community SurveyandRedfin. Dariens median home value is $1,654,00. We then averaged all the rankings for a place into a Rich Score with the place having the lowest overall Rich Score, Shelton, crowned the Richest City In Connecticut For 2023.
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