richest towns in connecticut richest towns in connecticut

Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. Its come a long way in the past 10 years since the last Census. In fairness, the high prices arent unjustified. The richest town in Connecticut is Darien, with a median household income of $251,200. Test performance scores in public schools are above average, slightly lower than in Ridgefield. 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 unemployment and poverty rates are 7.9% and 8.5% respectively. The bright side? 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. 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. The next richest town in Connecticut is Ridgefield. Stamford Wikipedia/John What are the richest towns in Connecticut? - Vim Buzz The 2010 Census revealed a growth from 6.751 residents to 7,150, showing that the town is gaining its population base. Its a peaceful town thats a great place for people who want to get away from hectic city life and enjoy nature. Most residents have at least a bachelors degree or higher and drive an average of 42 minutes to get to work. 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. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. 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). There are many things that families love about living in Wilton including its great school system, safe neighborhoods, and access to shopping centers. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. Its also very well educated, with over half of its residents having a college degree. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. It is also one of the most diverse towns in the state, with over 50% of its residents being foreign-born. Related: The 10 Wealthiest Cities In North Carolina. The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. Youll find parades, festivals, and occasional pop-up art exhibitions. 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. We suspect that the recent pandemic took a toll on residents who lost their jobs, with some forced to relocate for more affordable housing. The unemployment rate tries to capture the prospects for more people to become rich. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. Southport isnt the kind of city where keeping up with the neighbors comes cheaply. Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. Read More The 20 Safest Places To Live in TennesseeContinue, If you dont know what a HELOC is, dont feel stupid. 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). With a median household income of $1,471,700, this is no place for people on a shoestring budget. Want to learn more about Weston? Dariens median home value is $1,654,00. Westport is one of the wealthiest towns in Connecticut. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. 10 Wealthiest Towns in Connecticut (2023) - Suburbs 101 While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. A CT bill would expand it fur, Is CT recycling going into the trash? 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. Connecticut - Wikipedia Let us take a look at some of the richest towns in Connecticut that make up the per capita income. Fairfield County town is one of the most desirable places to live if you have the financial means. Darien residents live a good work-life balance with an average commute time of 39 minutes. The average commute time from home to work is 31 minutes. 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. West Simsbury has 151,104 residents as of 2022. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. A relatively small town, it offers the opportunity of doing great outdoor activities. The city deserves its spot on the list as its well above the average US income. The Most Affluent, Richest, High-Income Places in the US Fairfield County towns have made yet another list of the richest places in the U.S. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Westport is a very desirable place to live as it ranks highly for safety. Its a socioeconomically Upper Middle-Class city with a median household income of $136,261. 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. Top 25 Wealthiest Zipcodes in Connecticut - Zipdatamaps.com 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. 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? Weston, CT Annual household income: 222,535, 3. OnlyInYourState may earn compensation through affiliate links in this article. 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. 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. Get more stories delivered right to your email. Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. Despite its small size, it is home to 18,932 people. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. With a population of 20,622 inhabitants, the average income per household is $145,244. Its smaller than Ridgefield but slightly more affluent. New Canaan has a small-town feel with big-city amenities. 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. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. With 733 . 45.7% of the children in public schools are eligible for free or reduced lunch programs. COS COB, CT Annual household income: $136,261, 17. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. 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. 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. Its harbor and beaches are popular among boaters, who are drawn by the calm waters of Long Island Sound and easy access to New York City via ferry or bridge. What is it like to live in Greenwich, CT. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. West Hartford, CT Annual household income: $142,197, 14. The median sales price of homes in Riverside is $834,000. The largest city in Litchfield County, Torrington, grabs the number eight spot. Learn how your comment data is processed. What determines the overall wealth of a city? Old Greenwich Annual household income: $222,794, 2. 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. Head to, Natalie is a writer and travel enthusiast who loves uncovering new places along the East Coast. Only 16 states were represented in the top 100. the average home value is $1,471,700. The average household income in Woodbridge is $96,919, and the median home price is $595,000. 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. Shelton places in the number two spot with a median income of $87,277. 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. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. Renting is a little cheaper, but not by much expect to part with around $1,886 per month for an apartment. The unemployment rate is 7.3% while the poverty rate is higher at 11.2%. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. However, it is true that overall, the Nutmeg State is richer than most. Actual ranking depends on what metrics are used, but in general, Connecticut ranks within the five wealthiest states in the country. 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. 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. School test performance scores are above average, and 9.2% of students are eligible for free or reduced lunches at school. 18 Top-Rated Small Towns in Connecticut | PlanetWare Want to learn more about Darien? Want to learn more about Westport? Weston is in Fairfield County. The town center village is listed as a historic district on the National Register of Historic Places. Its a great place for families and young professionals to live. Point 2 Point Homes advises that the small community of 8,779 people has an average household income of more than $200k per year. 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. Jobs are plentiful in the area, with the working Population gainfully employed except for just 3.5%. (Infographic), What are the Highest Paying Jobs in Connecticut? If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. $55,137 is the median income in this city while the unemployment and poverty rates are 7.5% and 13.4% respectively. Most Expensively 2023. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. However, depending on the neighborhood, you can also find more affordable housing. California was the most represented with 23 cities and towns making the list. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. 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. People who live and work in Easton have a slightly higher income level. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. We aim to deliver bite-sized pieces of infotainment about where you live. Download The Entire Connecticut Ranking Data. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Being a coastal city, citizens have plenty of opportunities to spend their free time. The town is also known for having excellent public schools. The average home value is $466,000, making it one of the more affordable rich neighborhoods to buy a house. 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. Look here. The average home price in town is $780,000. Westport Profile Page with Infographics. . With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. Jobs are plentiful in the city with a population of 7,453. The village also includes a historic mill complex and dam. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. All Rights Reserved. Rich people not your cup of tea? On this Wikipedia the language links are at the top of the page across from the article title. 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. The schools are among the best in the state, making them the ideal place to raise a family. Darian If you want to live in Darian, you'd better start saving. The 20 Worst Places to Live if you Have Arthritis in The U.S. 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. Southport has a long history as a summer resort and residential community. Liz loves the process of researching information, learning new things, and putting into words . Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. The upside to all those sky-high prices is a median income that ranks as one of the highest in the state. The Easton School District offers many different programs including art, music, and sports. 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.