The Population is 8,843 in this close-knit community. 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. . Related: The 10 Wealthiest Neighborhoods in San Francisco. 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. The town has over 120 acres of open space and over 1,000 acres of parkland. 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. Easton, CT Annual household income: $166,875, 13. Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. Essex Village is a highly desirable community to live in for the affluent. Connecticut - Wikipedia Weston is one of the richest towns in Connecticut with a median household income of $207,863. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. America's millionaires are flocking to smaller cities. Take a look at 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. If you want to live in Darian, youd better start saving. Get more stories delivered right to your email. The town has a thriving arts community and many of its residents are involved in local government or volunteer activities. The majority are white-collar workers, just 4.96% in the blue-collar classification. >> Click through to see how each CT spot ranked as well as each household income average. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. This site uses Akismet to reduce spam. Milford, CT - HomeSnacks Its quiet, with a population density of just over 2,000 people per square mile about half that of New York City. If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. Connecticut is no ones idea of a poor state. The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. Riverside also offers residents a quick commute into NYC. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. It's also home to the state's only national historic site, Weir Farm. If you plan to buy a home in New Canaan, the average price is $1.36 million. 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 is a good reason that Norwalk was listed as one of the. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. Gold Coast (Connecticut) - Wikipedia 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. Is Connecticut still the richest state in the nation? Barely The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. Riverside Profile Page with Infographics. Check them out: What are the oldest towns in Connecticut? Fairfield is also very safe and has low crime rates. Property values are high, the median sales price is $1,029,000. 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. Just 16% of the homes are rentals. Four Connecticut towns made the top 50 list (well, three depending on how you look at it): Darien, Old Greenwich, Riverside (Greenwich) and Westport. The high demand is getting harder to find places for sale. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. Weston residents live a good work-life balance with an average commute time of 42 minutes. Riverside Profile Page with Infographics. The poverty rate is remarkably low at 1.12%, with median rent at $1,832 per month. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. 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. I Spent a Day in One of America's Richest Cities: Greenwich, CT Liz loves the process of researching information, learning new things, and putting into words . Darien has a population of 21,499. The climate is better for persons with allergies, asthma, and other respiratory conditions. Until the federal government takes its regulatory role seriously and uses the big stick that it has, corporations will attempt to self-regulate M&T urged to end 'banking desert' in Bridgeport neighborhoods, 'Candlewood' horror movie drops trailer inspired by local urban legends, Four Fairfield businesses fail February health inspections, Warrant: Ex-New Fairfield 'lunch lady' sent nude images to student on Snapchat for months before sex assault, Police make up 19 of Trumbull's top 20 highest paid employees, Former CT girls soccer coach pleads guilty to sexually assaulting player, Bridgeport man broke into Norwalk homes while families slept inside, warrants said, The Best Private High Schools Near Stamford, The Best Private Preschools Near New Haven, Guide to Legal Cannabis Dispensaries in CT, Why CT waits for $95 million from OxyContin maker Purdue Pharma, HUSKY Health is helping immigrants. Want to learn more about Westport? The Most Affluent, Richest, High-Income Places in the US The unemployment rate is 3%, which beats the state average by 4.1%. 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. Connecticut is one of the wealthiest states in the US. Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. If you dream of the quiet life, its ideal. List of 25 Wealthiest Zipcodes in Connecticut; Rank Map Key Zipcode Zip Name County Adjusted Gross Income Median Household Income; 1: 06878: Riverside: Fairfield: $740130: Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. Southports location near New York City also makes it attractive for commuters working there. It is a very safe town surrounded by greenery. West Simsbury has 151,104 residents as of 2022. Southport isnt the kind of city where keeping up with the neighbors comes cheaply. According to Area Vibes, the cost of living in Westport is 82% higher than the Connecticut average. This is our tenth time ranking the richest cities in Connecticut. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. Here are the wealthiest towns in Connecticut. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. 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. The median sales price of homes in Weston is $1,225,000 with 96% of homes owner-occupied and only 4% of homes being rentals. The median income in this city is $81,634. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. Editors Note: Data has been updated for 2023. The average household income umped over $20k, but the cost of housing has also risen in this desirable community. 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. 45.7% of the children in public schools are eligible for free or reduced lunch programs. It is also one of the most diverse towns in the state, with over 50% of its residents being foreign-born. New Canaan and other wealthy towns made it onto the state's list of "disproportionately impacted areas" for favorable treatment in the marijuana legalization rollout, due to a quirk in the data. Easton has a thriving downtown area with many restaurants, shops, and entertainment options. The third on the list is Westport. A median income that sits at a mammoth $352,839. Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. 14 Richest Towns in Connecticut (2022) | PropertyClub America's wealthiest people are starting to move into smaller cities, a new wealth report says. If the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. The largest city in Litchfield County, Torrington, grabs the number eight spot. Connecticut’s per capita income was $44,496 in 2019, according to estimates. 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. 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! 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. On the plus side, the median income of $190,227 is equally jaw-dropping. 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 median home value is $766,900, making it more affordable than some other affluent communities. Its also one of the wealthiest towns in Connecticut, with a median annual income per family of $180,057. 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. Southport has a long history as a summer resort and residential community. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. Ned Lamont and General Assembly leaders to to focus on offsetting a potential property tax Armageddon. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Darians median home value sits at around $1.7M thats more than double the national average. 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. The unemployment rate, as of 2022, is 3.3%, far lower than the state unemployment rate of 4.1%. Shelton places in the number two spot with a median income of $87,277. 20. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. With a median household income of $129,919, it is home to approximately 25,033 people. Its also home to some of the most expensive homes in the state. The average home value is $1,561,200, with 84% of the residents owning their own homes. Isn't it grand to see Granby here in the top ten safest places in Connecticut. California was the most represented with 23 cities and towns making the list. 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! Connecticut is home to some of the wealthiest people in America. Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. 6. What are the most charming small towns in Connecticut? However, test score performance in the public school system gets a poor ranking. 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. You're Really Wealthy If You Live In One Of These 6 CT - Patch There are lots of affluent communities in the Nutmeg State, and some of them are unassuming. 96% of the residents are homeowners with a median home value of $868,200. 87% of the residents own their homes, and just 13% rent. It is located about 29 miles northeast of New York City, offering residents an easy commute to the city. Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. The upside to all those sky-high prices is a median income that ranks as one of the highest in the state. According to Wikipedia, Granby is a rural town, located in the foothills of the Litchfield Hills of the Berkshires, besides the suburban natured center, the outskirts of town are filled with dense woods and rolling hills and mountains. Hoping for a glimpse at some of those gorgeous views for which this town is known? Related: The 10 Wealthiest Cities In California. The 20 Richest Towns in Connecticut - moneyinc.com 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 median house price in Westport is approximately $1.5 million. 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? Theres a reason this state is one of the richest in the country. Atherton, CA topped the list. 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. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. This site uses Akismet to reduce spam. Old Greenwich Profile Page with Infographics. This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. As the name implies, Southport is a port city that is situated on the coast. Its also far below the national average rate of 3.9%. Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. Its also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. The unemployment rate is 8.0% and the poverty rate is 8.9%. 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 Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. Located in Fairfield County, Weston has a population of 10,354. The second wealthiest town in Connecticut is Riverside. Its one of the areas wealthiest communities, with the median annual household income at over $215k. The 10 Richest People in Connecticut - Money Inc People love to enjoy life and share it with family, friends, and neighbors. The average home value is $1,150,400. Related: The 10 Wealthiest Cities In Missouri. Grace Duffield / Hearst Connecticut Media file photo If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. If youre planning a move to Tennessee, then youll be happy to know that there are some areas that are among the most beautiful in scenery as the landscape changes from one season to another. Thats right, folks, the Gold Coast didnt get its name because gold was found on Connecticuts beaches. Ridgefield offers something for everyone from great schools to recreation for the whole family. Keep reading. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. There is a good reason that Norwalk was listed as one of the best places to live in America. Newtown Borough is being credited as the richest town in the state of Connecticut. The city has grown over the past decade, increasing from 8,223 residents to 9,110. HomeSnacks is reader-supported. 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 town is partly in Hartford County, with some areas in Middlesex County. The town is also known for having excellent public schools. The current Population is 2,601, with an annual growth rate of 0.35%. Its among the top ten. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. A handful of factors, from the number of businesses in an area to its median income, have an impact on whether residents are thriving or struggling financially. Avon, CT Annual household income: $187,080, 10. Actual ranking depends on what metrics are used, but in general, Connecticut ranks within the five wealthiest states in the country. In a city with a population of 52,005, the median income came in at $81,971. All of these towns are located not too far east of Greenwich . The unemployment rate is just 3.1%, with an average commute of 33 minutes. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. What is it like to live in Greenwich, CT? Redding, Connecticut, is a small city with a population of 9,110. 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. 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.

American Racing Team Apparel, Funniest Toxic Things To Say, Bloor Homes Rayleigh, How To Change Time On Alfa Romeo Mito, Identify The Statement About Windows Tasks That Is False, Articles R