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. Download The Entire Connecticut Ranking Data. Its a great place to raise kids, with top-rated schools and safe streets. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. 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 average home value is $1,471,700. Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. Old Greenwich has a population of 6,962 and a median household income of $222,794. If you love the outdoors, check out the beautiful. Both coasts have some, Read More The 10 Best Places to Live on the West Coast of FloridaContinue, Massachusetts is one of the most remarkable states in America. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. We aim to deliver bite-sized pieces of infotainment about where you live. Its also home to the states only national historic site, Weir Farm. The unemployment rate tries to capture the prospects for more people to become rich. The median home price in Essex was $651,000 in 2022. Learn how your comment data is processed. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. (Infographs), What are the Highest Paying Jobs in New Jersey? Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. The average home price in Southport is $600,000. 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. The median sales price is residential sales data for 12 month period ending January 2023. (Infographic), What are the Highest Paying Jobs in Connecticut? All of these towns are located not too far east of Greenwich . It is an affluent community with a population of 18,503 people, and 75.1% of its residents have attained a bachelors degree or higher, reflecting an educated community. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Fairfield County is very close to New York City. 14 Richest Towns in Connecticut Darien Riverside Westport Old Greenwich Wilton Weston Greenwich Southport New Canaan Avon Ridgefield Stamford Woodbridge Essex 1. Four Connecticut towns made the top 50 list (well, three. A relatively small town, it offers the opportunity of doing great outdoor activities. 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. The average commute time from home to work is 31 minutes. 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. Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. Essex Village is a highly desirable community to live in for the affluent. Westport is one of the wealthiest towns in Connecticut. 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. 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. Read More The 20 Safest Places To Live in TennesseeContinue, If you dont know what a HELOC is, dont feel stupid. Editors Note: Data has been updated for 2023. Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. Darien is one of the wealthiest towns in Connecticut. Most residents have at least a bachelors degree or higher and drive an average of 42 minutes to get to work. South Glastonburys Census results show a total of 2038 households in the town. Norwalk, CT, USA 4. The next richest town in Connecticut is Ridgefield. The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. Connecticut has a large number of wealthy towns and cities with high incomes among its residents, but this does not mean that every resident of Connecticut lives in a wealthy area. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. The city deserves its spot on the list as its well above the average US income. The beautiful neighborhood is small, just 6,962, after the influx of rich business professionals. The state is home to 91 of the US 100 most affluent zip codes. With its safe streets, world-class schools, plentiful amenities, and tempting $163,945 median income, its a great place to call home if your bank balance meets the challenge. The community is known for being tight-knit with safe streets, low unemployment rates, and top-notch schools. All in all, Riverside is a town that offers a great quality of life to its citizens. The average home price in town is $780,000. Newtown Borough is being credited as the richest town in the state of Connecticut. The average household income umped over $20k, but the cost of housing has also risen in this desirable community. 9. New Cannan, CT Average household income: $200,203.00, 8. If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. Its smaller than Ridgefield but slightly more affluent. Want to learn more about Greenwich, CT? 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. The median sales price of homes in Riverside is $834,000. OnlyInYourState may earn compensation through affiliate links in this article. Its less ideal, however, if your bills are already bigger than your income. What is it like to live in Greenwich, CT. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. 79.4% of the community are US-born citizens, with 11.73% born in other countries. Related: The 10 Wealthiest Cities In California. Southports location near New York City also makes it attractive for commuters working there. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. There are also several golf courses in town that draw a lot of people from around the world. Want to know where Connecticuts 17 billionaires and 122,000 millionaires live? With a median income of $59,522, Naugatuck took ninth place. The third on the list is Westport. Shelton. 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. (and lowest paying jobs). Depending on individual tastes, personal circumstances, and the stage of life a person is at, everyone has different criteria in terms of what makes a great place to live. Some work at private companies and governmental institutions. The town is also known for having excellent public schools. Avon is the home of 1,206 entrepreneurs. Fairfield is also very safe and has low crime rates. The schools are among the best in the state, making them the ideal place to raise a family. New Canaan is situated right next to Darien and is also one of the richest towns in Connecticut. New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. 10. 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. 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. As at 2019, Connecticut had a per capita income of $44,496. Milford grabbed the top place in this list of richest cities. All Rights Reserved. The streets are safe, and the schools are highly rated. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. The city has grown over the past decade, increasing from 8,223 residents to 9,110. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. There is a good reason that Norwalk was listed as one of the best places to live in America. Its also one of the wealthiest towns in Connecticut, with a median annual income per family of $180,057. 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! Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. The next town on this list is Wilton. Save my name, email, and website in this browser for the next time I comment. Wealthiest Towns in CT Final - Suburbs 101. Weston Profile Page with Infographics. New Cannan, CT Average household income: $200,203.00 Living in New Canaan is like being surrounded by family. Zip Data lists West Hartford as one of the 20 richest cities in the state. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. Fairfield. Fairfield is one of the richest towns and among the best places to live in Connecticut. Weston residents live a good work-life balance with an average commute time of 42 minutes. Weston is also one of the best places in Connecticut to raise a family. It has an average household income of $234,152 and 6,611 residents. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. Connecticut is home to some of the wealthiest people in America. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. What makes some cities more prosperous than others? 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? However, depending on the neighborhood, you can also find more affordable housing. The average price of a home is $611,500, nearly three times the national average. Westport is a very desirable place to live as it ranks highly for safety. It is located about 29 miles northeast of New York City, offering residents an easy commute to the city. 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. With a median household income of $1,471,700, this is no place for people on a shoestring budget. 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. The unemployment rate is 3.2%, compared to the Fairfield County unemployment rate of 5.2%. 87% of the residents own their homes, and just 13% rent. The average commute time from home to work is 35.7 minutes. 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. Education Levels 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). Fairfield County town is one of the most desirable places to live if you have the financial means. Old Greenwich is one of the richest Neighborhoods in Connecticut with a median household income of $238,750. The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. Renting is a little cheaper, but not by much expect to part with around $1,886 per month for an apartment. Want to learn more about Darien? Its harbor and beaches are popular among boaters, who are drawn by the calm waters of Long Island Sound and easy access to New York City via ferry or bridge. The median house price in Westport is approximately $1.5 million. Most of Connecticuts wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. School test performance scores are above average, and 9.2% of students are eligible for free or reduced lunches at school. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. Youll find parades, festivals, and occasional pop-up art exhibitions. Test performance scores in public schools are above average, slightly lower than in Ridgefield. With a median household income of $129,919, it is home to approximately 25,033 people. The median household income at Cos Cob is $138,125. Redding, Connecticut, is a small city with a population of 9,110. That ratio steadily has been. The average home value is $466,000, making it one of the more affordable rich neighborhoods to buy a house. Darian, CT Annual household income: $232,523, 1. 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. Its a small town of 10,354. 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. Riverside Profile Page with Infographics. The town has attracted the rich and famous . In fairness, the high prices arent unjustified. 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. Its a small, charming seaside community in the Town of Greenwich with a population of 6,873. Point 2 Point Homes advises that the small community of 8,779 people has an average household income of more than $200k per year. Being a coastal city, citizens have plenty of opportunities to spend their free time. As of the 2020 census, the population was 1,710. 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. Most websites that report demographics for Connecticut list Darian, as the richest city in the state, but World Population confirms that Southport jumped into the number one spot with an incredible average household income of $310,831. She also enjoys creative writing, content writing on nearly any topic (particularly business and lifestyle), because as a lifelong learner, she loves to do research and possess a high skill level in this area. The homes in Westport are primarily owner-occupied (85%) and only 15% rentals. 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. This site uses Akismet to reduce spam. The average family home retails for a massive $611,500, almost three times the national average. 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". According to the report, the four towns are Darien, Old Greenwich, Riverside, and . You can find out more about him on LinkedIn or his website. Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. All of this combines to make the local housing market expensive. The most charming small towns in Connecticut are perfect for a day trip or a new home. 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 for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million.