If you're looking for a fun day trip, you will really enjoy, The city of Bristol with a population of 60,437 is ranked number seven. The 20 Worst Places to Live if you Have Arthritis in The U.S. Learn how your comment data is processed. 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. Ridgefield offers something for everyone from great schools to recreation for the whole family. 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 local school system is also amongst the best in the state. Jobs are plentiful in the city with a population of 7,453. 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. Its smaller than Ridgefield but slightly more affluent. Wilton steps it up a notch with an upper-class community that is home to a close-knit community, schools that offer prestigious educational opportunities for students, big homes, and safe streets. Visit Bloomberg for the full report. You can find out more about him on LinkedIn or his website. The town center village is listed as a historic district on the National Register of Historic Places. 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. The Upper Middle-Class neighborhood has an unemployment rate of 2.8% in its 06073 zip code compared to the Harford County rate of 6% and the state rate of 4.01%. 1. In terms of per capita income, Connecticut is the richest state in the United States of America. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. Use Next and Previous buttons to navigate. 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 It is located about 29 miles northeast of New York City, offering residents an easy commute to the city. Its capital is Hartford, and its most populous city is Bridgeport. Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. And that makes living in the state expensive. Fairfield County is very close to New York City. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. 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. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. (Infographs), What are the Highest Paying Jobs in New Jersey? It is a picture-perfect neighborhood in the Town of Greenwich with beaches, highly rated schools, and an easy train ride to NYC. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. 22 overall, with average household income at $270,222. Southport is an affluent town in Connecticut. 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. $55,137 is the median income in this city while the unemployment and poverty rates are 7.5% and 13.4% respectively. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey: Median household income is the most digestible way to understand how rich a place really is. Save my name, email, and website in this browser for the next time I comment. Renters pay an average of $1,361 per month. Most of Connecticuts wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. 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. Westport Profile Page with Infographics. The bright side? People love to enjoy life and share it with family, friends, and neighbors. 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. Its also one of the most expensive places to live in the country, with a median home price of over $1.5 million. The rankings are based on income and home value. The Population is 8,843 in this close-knit community. The second wealthiest town in Connecticut is Riverside. There is a good reason that Norwalk was listed as one of the. Weston is one of the richest towns in Connecticut with a median household income of $207,863. Its also a great place for students who want to attend college because it has many colleges and universities nearby such as the University of Connecticut, Yale University, Quinnipiac University, and Sacred Heart University. New Canaan is one of the wealthiest towns in Connecticut with a median sales price of $1,155,000. All Rights Reserved. If you dream of the quiet life, its ideal. The average price of a home is $611,500, nearly three times the national average. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. 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. 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 unemployment and poverty rates are 7.9% and 8.5% respectively. Weston is also one of the best places in Connecticut to raise a family. The unemployment rate tries to capture the prospects for more people to become rich. There are plenty of shopping and fine dining venues in Riverside. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. 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. Want to learn more about Weston? The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. Westport was third in the state, and no. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. 79.4% of the community are US-born citizens, with 11.73% born in other countries. 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? Related: The 10 Wealthiest Neighborhoods in San Francisco. The Easton School District offers many different programs including art, music, and sports. COS COB, CT Annual household income: $136,261, 17. Westport, CT Annual household income: $222,535, 4. Suburbs 101 confirms that Riverside is a wealthy suburb of the Town of Greenwich. Redding, Connecticut, is a small city with a population of 9,110. The average home value is $1,150,400. People who live and work in Easton have a slightly higher income level. In 2018, the average household income in its Old Greenwich. Connecticut’s per capita income was $44,496 in 2019, according to estimates. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. The next town on this list is Wilton. Its safe, with a low crime rate. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . A list of the richest cities in Connecticut was released by Homesnacks and we think you might be surprised at which places made the list. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. There are many things to do including going to the beach and shopping at the local malls. 91.82% of the Population is white, with 87.8% white students in the public school system. The unemployment rate is lower than the state rate of 4.1% and the national rate of 3.9%. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. The average home price in Southport is $600,000. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. What is it like to live in Greenwich, CT. New Cannan, CT Average household income: $200,203.00, 8. Norwalk, CT, USA 4. The most charming small towns in Connecticut are perfect for a day trip or a new home. 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. Editors Note: Data has been updated for 2023. 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. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. Fairfield is a moderate-sized city in Fairfield County. The upside to all those sky-high prices is a median income that ranks as one of the highest in the state. Groton rounds out the list of richest cities in the number ten spot. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. What are the most charming small towns in Connecticut? Its an Upper-Middle-Class town with a median household income of just under $141K. It also has a number of highly rated public and private schools, which can be a major plus for families with children. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. Old Greenwich has a population of 6,962 and a median household income of $222,794. 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 home to the states only national historic site, Weir Farm. Old Greenwich Profile Page with Infographics. They found this lovely old city during the Covid-19 pandemic and relocated for a safer and serene place to live. Its a socioeconomically Upper Middle-Class city with a median household income of $136,261. There are also several golf courses in town that draw a lot of people from around the world. 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. Test performance scores in public schools are ranked as excellent. The community is known for being tight-knit with safe streets, low unemployment rates, and top-notch schools. Darian, CT Annual household income: $232,523, 1. Isn't it grand to see Granby here in the top ten safest places in Connecticut. 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. 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 median income is $80,896. Hoping for a glimpse at some of those gorgeous views for which this town is known? Easton is a great place to raise a family because it has a good school system. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. Ridgefield, CT Annual household income: $206,560, 6. Darians median home value sits at around $1.7M thats more than double the national average. 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. 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. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. With a median household income of $129,919, it is home to approximately 25,033 people. New Canaan has a small-town feel with big-city amenities. Westport is one of the wealthiest towns in Connecticut. The small community has a population of 7,586 residents. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. Fairfield, CT Annual household income: $139,122, 16. After we collected the data for all 21 places with more than 9,000 people in Connecticut, we ranked each place from 1 to 21 for each of the criteria, with 1 being the richest. 20. 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. School test performance scores are above average, and 9.2% of students are eligible for free or reduced lunches at school. 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. 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. The average age of residents is between 56 to 57 years, with a white demographic of 89.65%, 5.26% for people claiming mixed race ethnicity, 3.57% African American and 1.54% Asian American. The streets are safe, and the schools are highly rated. The unemployment and poverty rates are 7.9% and 8.5% respectively. By Joselynn Chua / February 27, 2023. Theres a reason this state is one of the richest in the country. 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. 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. Essex is another one of the richest towns in Connecticut. The largest city in Litchfield County, Torrington, grabs the number eight spot. Here are the wealthiest towns in Connecticut. As the name implies, Southport is a port city that is situated on the coast. Learn more about the Homesnacks methods that were used to collect the data and how the statistics were calculated. The median home value is steep at $1,382,800 for 2022. A wealthy enclave on Connecticut's Gold Coast, Greenwich is consistently ranked as one of the richest cities in America. Well, HomeSnacks crunched the numbers and discovered that Stamford is the most expensive place to live in Connecticut. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. All of this combines to make the local housing market expensive. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. 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. The town is partly in Hartford County, with some areas in Middlesex County. Darian will be the second wealthiest city in Connecticut in 2022. Suburbs 101is an insiders guide to suburban living. Greenwich is another of the wealthiest towns in Connecticut. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. Darien is one of the wealthiest towns in Connecticut. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. There are lots of affluent communities in the Nutmeg State, and some of them are unassuming. the average home value is $1,471,700. Dariens median home value is $1,654,00. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. 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. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. 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). Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. The city has grown over the past decade, increasing from 8,223 residents to 9,110. All rights reserved. Its the place where many believe this country originated, being home to the historic city of Plymouth. 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 20 most affluent places, based on places with available data, all had household incomes above $485,000. The financial news and opinion site 24/7 Wall St . Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Rich people not your cup of tea? 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. This site uses Akismet to reduce spam. The unemployment rate in this city is 10% and the poverty rate is 9.6%. Zip Data lists West Hartford as one of the 20 richest cities in the state. Fairfield County is very close to New York City. 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. She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. 78% of them have at least a bachelors degree. There are also many beautiful parks and green spaces throughout town. Riverside residents live a good work-life balance with an average commute time of 37 minutes. The town has attracted the rich and famous . 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. 9. If more people are employed, the richer the future looks. Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. 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 town is full of greenery and offers residents a tranquil vibe. Stamford, CT Annual household income: $152,102, 11. Wilton, CT Annual household income: $193,292, 9. Its also home to some of the most expensive homes in the state. With a median household income of $1,471,700, this is no place for people on a shoestring budget. Southport has a long history as a summer resort and residential community. New Cannan, CT Average household income: $200,203.00 Living in New Canaan is like being surrounded by family. In todays world of language everything has an acronym dreamed up by some marketing or English major who feels the need to make everything, Read More Tips on How to Use a HELOC To Buy Real EstateContinue, Tucked in between North America and South America, the 20 countries that make up Latin America cover an enormous range of landscapes, climates, cultures, and traditions. Living in New Canaan is like being surrounded by family. The median household income is $99,791, and the average home price is $672,000. Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. With salaries like that, most residents are having no problem in keeping up with those monster mortgage re-payments. The next richest town in Connecticut is Ridgefield. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. Darian is on Long Island Sound and offers waterfront property for sale and for rent. The median income is $80,896. Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. Easton has a thriving downtown area with many restaurants, shops, and entertainment options. The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut.