richest towns in connecticut

Stamford is a city in Fairfield County with a population of 14,499. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there. 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. Not all of the countries have a great reputation, Read More The 20 Best Places to Live in Latin AmericaContinue, There are quite a few reasons why people choose to live in areas that have low humidity. 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. 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. 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. 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. Its a great place to raise kids, with top-rated schools and safe streets. It is located about 29 miles northeast of New York City, offering residents an easy commute to the city. Woodbridge is another wealthy Connecticut town. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. Old Greenwich enjoys a low crime rate and excellent public schools. 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). Get more stories delivered right to your email. Keep reading. 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. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. The Easton School District offers many different programs including art, music, and sports. Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. Liz loves the process of researching information, learning new things, and putting into words . 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. 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. 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. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. Its also far below the national average rate of 3.9%. 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. Ridgefield offers something for everyone from great schools to recreation for the whole family. But its worth it because Connecticut has some of the best opportunities for employment with the states overall unemployment rate holding steady with the national rate. The upscale community attracts residents who commute to New York City because its easy train ride to Manhattan. 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. The richest places in Connecticut are a lot like expensive diamonds; but, dont get it twisted, they are not by any means the diamonds in the rough. 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. New Canaan is situated right next to Darien and is also one of the richest towns in Connecticut. 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. Renters pay an average of $1,361 per month. Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. Its a socioeconomically Upper Middle-Class city with a median household income of $136,261. Are you surprised by this list of the richest cities in Connecticut? Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. 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. It is a Fairfield County city home to many wealthy residents who enjoy private country clubs, yacht clubs, and pristine beaches. The town is partly in Hartford County, with some areas in Middlesex County. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. Living in West Hartford is not cheap, but the perks are worth the cost with its safe neighborhoods, upscale shopping and dining venues, and more. Avon is the home of 1,206 entrepreneurs. 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. On this Wikipedia the language links are at the top of the page across from the article title. The average home value is $1,150,400. 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. 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. Related: The 10 Wealthiest Cities In Missouri. Groton rounds out the list of richest cities in the number ten spot. 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. Besides these, Colorado has ongoing employment opportunities in aviation,, Read More The 10 Cheapest Places to Live in ColoradoContinue. America's wealthiest people are starting to move into smaller cities, a new wealth report says. The chart below shows the most common races living in the richest cities in Connecticut: 81.94% White 6.79% Hispanic 5.95% Asian 3.30% Two or more races 1.63% Black/African American 0.33% Other 0.07% Native 0.01% Hawaiian/Pacific Islander This shows that the most common race across the richest cities in Connecticut is "White". The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. 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. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. Old Greenwich is one of the richest Neighborhoods in Connecticut with a median household income of $238,750. Almost 6,300 communities met the criteria, which includes approximately 75% of total households in the U.S.". Map of 25 Wealthiest Zipcodes in Connecticut Based on Average Adjusted Gross Income. The unemployment rate is 7.3% while the poverty rate is higher at 11.2%. Connecticut towns make Bloomberg list of richest places, Owner of Tm brings authentic Mexican cuisine, art to Fairfield, St. Patrick's Day food and drink menus, parties around CT, Connecticut Magazine's 25 Most Romantic Restaurants in CT. Every year, Connecticut Magazine asks readers and experts for the state's best dining spots. Download The Entire Connecticut Ranking Data. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . With a median household income of $1,471,700, this is no place for people on a shoestring budget. Love Connecticut? The town has a thriving arts community and many of its residents are involved in local government or volunteer activities. The average family home retails for a massive $611,500, almost three times the national average. Westport Profile Page with Infographics. 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. However, depending on the neighborhood, you can also find more affordable housing. 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. You can download the data here. Westport is a very desirable place to live as it ranks highly for safety. Save my name, email, and website in this browser for the next time I comment. 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. Darien has a population of 21,499. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. 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. There are plenty of shopping and fine dining venues in Riverside. 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. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. Were just going to leave this right here. Located in Fairfield County, Weston has a population of 10,354. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. >> Click through to see how each CT spot ranked as well as each household income average. Riverside also offers residents a quick commute into NYC. 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. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Old Greenwich Profile Page with Infographics. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. The unemployment rate for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. Its also one of the most expensive places to live in the country, with a median home price of over $1.5 million. Visit Bloomberg for the full report. 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. (Infographic), What are the Highest Paying Jobs in Connecticut? New Cannan, CT Average household income: $200,203.00 Living in New Canaan is like being surrounded by family. This is a carousel. The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. The high demand is getting harder to find places for sale. Avons diversity rate is better than most of its neighboring communities. 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. COS COB, CT Annual household income: $136,261, 17. The median household income in New Canaan is $214,977. 45.7% of the children in public schools are eligible for free or reduced lunch programs. If you dream of the quiet life, its ideal. The average home value is $1,561,200, with 84% of the residents owning their own homes. There are many things to do including going to the beach and shopping at the local malls. South Glastonbury is a small town with a growing population ranging from 4848 to 5651. 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.

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