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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. Check them out: What are the oldest towns in Connecticut? The median income is $80,896. The median income in Danbury is $67,430 helping to secure its 5th place ranking. The town is home to many Fortune 500 companies such as General Electric and Terex Corporation. The second wealthiest town in Connecticut is Riverside. 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. 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. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. All of this combines to make the local housing market expensive. California was the most represented with 23 cities and towns making the list. 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. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . COS COB is a Fairfield county city that extends to the border of the Stamford city limits. In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. Above is a fundraiser at the famous Glass House in New Canaan. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. What is it like to live in Greenwich, CT. The unemployment rate is 8.6% and the poverty rate is 10% in this city. Essex Village, CT Annual household income: $172,302, 12. Located in Fairfield County, Weston has a population of 10,354. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. 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 median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. 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. By Joselynn Chua / February 27, 2023. According to Area Vibes, the cost of living in Westport is 82% higher than the Connecticut average. When Does a Seller Get Their Money After Closing on a House? The communities in this city are close, and they love to sponsor community events for the residents and visitors. Westport Profile Page with Infographics. Weston is in Fairfield County. 25 Wealthiest Towns in the New York Suburbs, What are the Highest Paying Jobs in New York? Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. 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 average household income of $234,152 and 6,611 residents. 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? COS COB, CT Annual household income: $136,261, 17. 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. Darian If you want to live in Darian, you'd better start saving. New Cannan, CT Average household income: $200,203.00, 8. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. Counties [ edit] With a median income of $187,917 and a median home value of $703,200, this is a city of big paychecks, big houses, and big cars. The average family home retails for a massive $611,500, almost three times the national average. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. This time the list is from Bloomberg. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. Avon, CT Annual household income: $187,080, 10. The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes. 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? Below is a list of the wealthiest towns in Connecticut. 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 town is also home to many hedge fund managers, bankers, and lawyers. The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. However, it is true that overall, the Nutmeg State is richer than most. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. Want to learn more about Greenwich, CT? 89.3% of the homes are occupied by their owners, with 10.7% as rentals. It's also very well educated, with over half of its residents having a college degree. Just 16% of the homes are rentals. Want to learn more about Riverside? The average renter pays $2,336 per month. The unemployment rate is 3%, which beats the state average by 4.1%. According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. Darien is one of the wealthiest towns in Connecticut. Look here. The average home value is $650,400. Let's go! New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. HomeSnacks is reader-supported. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. The median sales price is residential sales data for 12 month period ending January 2023. Known for its luxury waterfront homes, Old Greenwich has a median sales price of $2,063,000. Riverside also offers residents a quick commute into NYC. The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. Download The Entire Connecticut Ranking Data. When you click through real estate links on our site, we earn an affiliate commission. Connecticut is no ones idea of a poor state. 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. Contact: nclunan@onlyinyourstate.com, The Cafeteria With Some Of The Best Home-Cooked Food In Connecticut, See Mermaids In Real Life Right Here in Connecticut At The Mystic Aquarium, This Rustic Restaurant In Connecticut Serves Up Heaping Helpings Of Country Cooking, The Terrifying, Deadly Plane Crash In Connecticut That Will Never Be Forgotten, Here Are The 8 Poorest Cities In Connecticut, Here Are The 10 Cheapest Yet Great Places To Live In Connecticut, The 9 Most Dangerous Cities in Connecticut, Here Are The 9 Most Dangerous Places In Connecticut After Dark, Whittemore Glen State Park in Naugatuck, Connecticut, Bluff Point State Park in Groton, Connecticut. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. Renters pay an average of $1,361 per month. Connecticut is home to some of the wealthiest people in America. 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. Not that there isnt more to it than that with a vibrant food scene, a charming historic district, gorgeous parks, and a great selection of shops, it offers premium living at an admittedly premium price tag. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. The average home value is $1,150,400. Suburbs 101is an insiders guide to suburban living. Related: The 10 Wealthiest Neighborhoods in San Francisco. Its quiet, with a population density of just over 2,000 people per square mile about half that of New York City. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike. It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. The Census revealed that 87.21% of the people living in the city are white, with 80.8 of students in the public schools listed as white. A median income that sits at a mammoth $352,839. Westport is one of the wealthiest towns in Connecticut. 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. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. Only 15% of the residents rent because most people there are homeowners. Learn how your comment data is processed. Most Expensively 2023. Her academic degrees include AA social Sci/BA English/MEd Adult Ed & Community & Human Resource Development and ABD in PhD studies in Indust & Org Psychology. 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. 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! Its a great place for families and young professionals to live. 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 village also includes a historic mill complex and dam. The town has attracted the rich and famous . Fairfield. 14 Richest Towns in Connecticut Darien Riverside Westport Old Greenwich Wilton Weston Greenwich Southport New Canaan Avon Ridgefield Stamford Woodbridge Essex 1. 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. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Redding has a median home sales price of $1,030,000 and a median household income of $138,125. The richest town in Connecticut is Darien, with a median household income of $251,200. 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! Easton, CT Annual household income: $166,875, 13. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Old Greenwich is home to some of the wealthiest Connecticut residents. If more people are employed, the richer the future looks. Its also home to some of the most expensive homes in the state. Its the place where many believe this country originated, being home to the historic city of Plymouth. The average home value is $466,000, making it one of the more affordable rich neighborhoods to buy a house. The unemployment rate is lower than the state rate of 4.1% and the national rate of 3.9%. The Easton School District offers many different programs including art, music, and sports. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. It is also one of the most expensive places to live in the country, with a median home value of $1,051,014. Darian, CT Annual household income: $232,523, 1. 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. It is a very safe town surrounded by greenery. The average adjusted gross income is $222,660. Wilton, CT Annual household income: $193,292, 9. Four of the top 20 are places in New York, including Brookville village. Home to some of the most affluent residents of Connecticut, Weston has a median household income of $222,535. Some haulers caught, Arming guidance counselors? [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. Its also one of the most expensive places to live in the country, with a median home price of over $1.5 million. 1. The city deserves its spot on the list as its well above the average US income. 45.7% of the children in public schools are eligible for free or reduced lunch programs. Darien residents live a good work-life balance with an average commute time of 39 minutes. Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. 87% of the residents own their homes, and just 13% rent. Whenever any publication compiles a list of Americas richest cities, theres one name you can always count on seeing Old Greenwich. The schools are excellent and the town is beautiful, with tree-lined streets and old-fashioned townhouses. 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. In terms of per capita income, Connecticut is the richest state in the United States of America. 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. 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. Fairfield County is very close to New York City. 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. The rankings are based on income and home value. Essex is another one of the richest towns in Connecticut. If the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options.