Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. Easton is a cute little city located just a short hop, skip, and a jump away from the amenities and attractions of the New York City metro area. The poverty rate is remarkably low at 1.12%, with median rent at $1,832 per month. Its an Upper-Middle-Class town with a median household income of just under $141K. The average commute time from home to work is 35.7 minutes. The high demand is getting harder to find places for sale. All rights reserved. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. A wealthy enclave on Connecticut's Gold Coast, Greenwich is consistently ranked as one of the richest cities in America. The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. 20. The town center village is listed as a historic district on the National Register of Historic Places. Want to learn more about Riverside? 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. In terms of per capita income, it beats the nearest competition by a huge margin of almost $4000. 10. All of these towns are located not too far east of Greenwich . Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. The town is also known for having excellent public schools. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. 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. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. Certainly enough time to go to the beach after work for a picnic dinner by the water! 1. The small community has a population of 7,586 residents. The median home price in Essex was $651,000 in 2022. 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). 4.2% of public school students are eligible for free or reduced lunch, and test performance in the public schools for Redding is excellent. Darien Profile Page with Infographics. . Old Greenwich has a population of 6,962 and a median household income of $222,794. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. The schools are among the best in the state, making them the ideal place to raise a family. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. The median home value is $766,900, making it more affordable than some other affluent communities. 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. 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. The town is partly in Hartford County, with some areas in Middlesex County. People who live and work in Easton have a slightly higher income level. With an average household income of $236,892 per year, it is one of the richest towns in the state. [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. This site uses Akismet to reduce spam. The third on the list is Westport. A town covered in vibrant nature, Avon is one of the richest towns in Connecticut. the average home value is $1,471,700. Home to over 136,309 people, Stamford is the richest city in Connecticut. Greenwich is synonymous with luxury real estate and wealth. In 2018, the average household income in its Old Greenwich. 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. In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. Only 15% of the residents rent because most people there are homeowners. 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! The remaining six wealthy Connecticut communities, all in Greenwich, in order are. Darians median home value sits at around $1.7M thats more than double the national average. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. The richest town in Connecticut is Darien, with a median household income of $251,200. Old Greenwich enjoys a low crime rate and excellent public schools. A relatively small town, it offers the opportunity of doing great outdoor activities. Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. 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. Shelton places in the number two spot with a median income of $87,277. 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. 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. Riverside has a population of 8,843. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. The rankings are based on income and home value. The average household income in Woodbridge is $96,919, and the median home price is $595,000. OnlyInYourState may earn compensation through affiliate links in this article. There are also several golf courses in town that draw a lot of people from around the world. The town is home to many Fortune 500 companies such as General Electric and Terex Corporation. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. Riverside, CT Annual household income: $215,791, 5. 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.. It has a great location, close to major highways and a short drive from New York City. When Does a Seller Get Their Money After Closing on a House? Property values are high, the median sales price is $1,029,000. Read on to discover the 14 richest towns in Connecticut in 2022. 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. 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. This is a carousel. The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. The median income in this city is $81,634. Old Greenwich is one of the richest Neighborhoods in Connecticut with a median household income of $238,750. 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. Isn't it grand to see Granby here in the top ten safest places in Connecticut. It also has a number of highly rated public and private schools, which can be a major plus for families with children. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. It has a population of 27,141. 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. You can download the data here. It's also home to the state's only national historic site, Weir Farm. Bloomberg reports that in Atherton, "the cheapest house on the market is currently listed for $2.5 million, according to real estate marketplace Zillow.com. The median sales price of homes in Riverside is $834,000. Related: The 10 Wealthiest Cities In California. The average home value is $1,150,400. 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. School test performance scores are above average, and 9.2% of students are eligible for free or reduced lunches at school. Expensive homes and big salaries arent the only things the population of this small city get to enjoy: with New York City just a stones throw away, a close-knit community, prestigious schools, safe streets, and plenty of green areas, its every bit as desirable as it is wealthy. Home to some of the most affluent residents of Connecticut, Weston has a median household income of $222,535. Easton is a great place to raise a family because it has a good school system. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. Darian, CT Annual household income: $232,523, 1. Besides these, Colorado has ongoing employment opportunities in aviation,, Read More The 10 Cheapest Places to Live in ColoradoContinue. Fairfield is a moderate-sized city in Fairfield County. Ridgefield offers something for everyone from great schools to recreation for the whole family. 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. Its one of the areas wealthiest communities, with the median annual household income at over $215k. Its capital is Hartford, and its most populous city is Bridgeport. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . The town is also home to many hedge fund managers, bankers, and lawyers. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. 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 average price of a home is $611,500, nearly three times the national average. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. However, the average house prices range from $1,5 million to $3 million. Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. 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. The unemployment rate for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. Ridgefield is also home to several conservation areas and preserves that provide a haven for wildlife such as deer, foxes, wild turkeys, and hawks. The 20 Worst Places to Live if you Have Arthritis in The U.S. Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. 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 upside to all those sky-high prices is a median income that ranks as one of the highest in the state. Westport is one of the richest towns in Connecticut with a median household income of $222,375. These are some, Read More The 10 Richest Zip Codes In CaliforniaContinue, Florida has the longest coastline of any state in the contiguous United States. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. Stamford, CT Annual household income: $152,102, 11. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. A rain garden is an area dug slightly below the surrounding area that can catch and collect rainfall and keep it from carrying pollutants downstream. The average home price in Old Greenwich is $1.8 million. If you want to drive your car everywhere, then this may not be the right fit for you; however, if you enjoy walking or biking, Old Greenwich has plenty to offer. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . 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. Weston is in Fairfield County. Essex Village, CT Annual household income: $172,302, 12. 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. >> Click through to see how each CT spot ranked as well as each household income average. 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. 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. Redding, CT Annual household income: $140,995, 15. This year we asked our panel of experts to give some extra love to those restaurants where amore is on Nathan Spotts/Lauren Kinkade / Contributed Photo, Tyler Sizemore / Hearst Connecticut Media, Photos courtesy of William Pitt Sotheby's International Realty, H John Voorhees III / Hearst Connecticut Media, 2023 Hearst Media Services Connecticut, LLC, Just Salad restaurant celebrating grand opening in Fairfield, CTs Beardsley Bart makes his annual Groundhog Day prediction, Penny's Diner closes its Fairfield location after 40 years, Ppin, Sarandon talk food, joy of Rice Krispies at live CT show, New soul food restaurant, Everybody Eatz, opens in Bridgeport, Fairfield fried chicken restaurant Lovebird closes, CT Girl Scouts try to publish climate book after DiCaprio tweet, 29 Markle Ct, an upscale new American restaurant, now open, Carl Anthony Trattoria in Monroe relocating after 25 years, Manna Toast in Westport announces closing by year's end. 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. Its among the top ten. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. What determines the overall wealth of a city? Its smaller than Ridgefield but slightly more affluent. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. The unemployment rate in this city is 10% and the poverty rate is 9.6%. 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. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . The streets are safe, and the schools are highly rated. Its less ideal, however, if your bills are already bigger than your income. The second wealthiest town in Connecticut is Riverside. Redding has a median home sales price of $1,030,000 and a median household income of $138,125. The Easton School District offers many different programs including art, music, and sports. Riverside is one of the wealthiest communities in Connecticut. 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. Fairfield County is very close to New York City. Renting is a little cheaper, but not by much expect to part with around $1,886 per month for an apartment. The town also boasts one of the best school systems in all of Connecticut! Jobs are plentiful in the city with a population of 7,453. 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 average commute time from home to work is 31 minutes. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. It is bordered by Rhode Island to the east, Massachusetts to the north, New York to the west, and Long Island Sound to the south. 83% of the residents have a bachelors degree or higher, and the unemployment rate is low. Milford grabbed the top place in this list of richest cities. Download The Entire Connecticut Ranking Data. Ned Lamont and General Assembly leaders to to focus on offsetting a potential property tax Armageddon. The town has over 120 acres of open space and over 1,000 acres of parkland. If you want to live in Darian, youd better start saving. Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. To see the other wealthy places that made this list, take a look below. The average home price in town is $780,000. Four Connecticut towns made the top 50 list (well, three. Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. Fairfield County is very close to New York City. Southport is an affluent town in Connecticut. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. Want to learn more about Old Greenwich? 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. 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). And that makes living in the state expensive. The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways. Test performance scores in public schools are ranked as excellent. Andreas Halvorsen - Net Worth: $6.3 Billion Andreas Halvorsen is a Norwegian billionaire businessman whose net worth of $6.3 billion makes him the 6th richest person in Connecticut. The first European settlement was established there in, Read More The 20 Best Places to Live in MassachusettsContinue, Already in the first quarter of 2016, vacation rental startup companies have attracted almost $100 million in investments across the United States and Europe. Here are the wealthiest towns in Connecticut. View Map of 25 Poorest Zipcodes in Connecticut. The next town on this list is Wilton. However, if you want to experience a slower rhythm of life in one of the richest towns in Connecticut, youll need to be prepared to pay up, as home prices are costly. It has an average household income of $234,152 and 6,611 residents. Here well take a look at 10 of the richest cities in Connecticut as of 2022 so you can get an idea of what makes them thrive and how you can take advantage of them. Westport is one of the wealthiest towns in Connecticut. The unemployment rate is just 3.1%, with an average commute of 33 minutes. Want to learn more about Westport? If the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. Connecticut’s per capita income was $44,496 in 2019, according to estimates. With salaries like that, most residents are having no problem in keeping up with those monster mortgage re-payments. 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. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. 2015-2023 Chasing Chains, LLC. Its also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. The average value of a home is just under $800,000, which is on par with the average household income. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. COS COB, CT Annual household income: $136,261, 17. 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. It has a population of 27,141. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. For example, those with families may, Read More The 20 Best Places to Live in OklahomaContinue, Austin, Texas is a thriving city that appeals to people from all walks of life. Rentals are much higher than most, with an average of $2,443 per month for non-homeowners. It is a picture-perfect neighborhood in the Town of Greenwich with beaches, highly rated schools, and an easy train ride to NYC. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. The crime rate is practically non-existent, the median income is a stonking $139,122, the schools are some of the best in the state, and despite its relatively small size, it has a huge selection of restaurants, shops, cafes, and recreational venues to enjoy. After all, rich people have really high salaries. The demographics data shows that 88.37% of the residents are white, with 83.9% of the public schools showing a student population that is 83.9% white with excellent test performance scores. Shelton. The median household income in New Canaan is $214,977. Westport is one of the wealthiest towns in Connecticut. Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. Gov. With a population of 20,622 inhabitants, the average income per household is $145,244. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. Its safe, with a low crime rate. Newtown Borough is being credited as the richest town in the state of Connecticut. So, want to know where its just as difficult to Keep up with the Connecticuters as it is The Kardashians? The 2010 Census revealed a growth from 6.751 residents to 7,150, showing that the town is gaining its population base. Get more stories delivered right to your email. Get the inside scoop on what its really like to live in the suburbs through our interviews with local suburbanites and features on Food, Fashion, Home, Garden, Travel, Pets, Real Estate and Local Events. 25 Wealthiest Towns in the New York Suburbs, What are the Highest Paying Jobs in New York? Wilton is also known as the village because of its quaint feel with many historic homes and buildings. The city deserves its spot on the list as its well above the average US income. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. Dariens median home value is $1,654,00. Actual ranking depends on what metrics are used, but in general, Connecticut ranks within the five wealthiest states in the country. If you plan to buy a home in New Canaan, the average price is $1.36 million. Check them out: What are the oldest towns in Connecticut? Woodbridge is another wealthy Connecticut town. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. The average home value is $466,000, making it one of the more affordable rich neighborhoods to buy a house. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west.