richest towns in connecticut

Test performance scores in public schools are above average, slightly lower than in Ridgefield. Andreas Halvorsen - Net Worth: $6.3 Billion Andreas Halvorsen is a Norwegian billionaire businessman whose net worth of $6.3 billion makes him the 6th richest person in Connecticut. The median sales price is residential sales data for 12 month period ending January 2023. 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. The crime rate is practically non-existent, the median income is a stonking $139,122, the schools are some of the best in the state, and despite its relatively small size, it has a huge selection of restaurants, shops, cafes, and recreational venues to enjoy. 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. A CT bill would expand it fur, Is CT recycling going into the trash? The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. The current Population is 2,601, with an annual growth rate of 0.35%. There is a good reason that Norwalk was listed as one of the. 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 unemployment rate is 3%, which beats the state average by 4.1%. Keep reading. 2015-2023 Chasing Chains, LLC. The unemployment rate, as of 2022, is 3.3%, far lower than the state unemployment rate of 4.1%. Old Greenwich is home to some of the wealthiest Connecticut residents. Related: The 10 Wealthiest Cities In Missouri. To find out which Connecticut cities are doing the best and why we compared the most recent data from the U.S. Census Bureau to our own city-level income data to determine Americas richest cities. 9. 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. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. As at 2019, Connecticut had a per capita income of $44,496. Unexpectedly, after looking at the median income of residents, along with poverty levels and unemployment rates, we found that wealth is spread throughout the state. Southport, CT Annual household income: $310,831, The 10 Best Places to Live in Austin for Singles, The 20 Safest Places To Live in Tennessee, Tips on How to Use a HELOC To Buy Real Estate, The 20 Best Places to Live in Latin America. You'll receive your first newsletter soon! HomeSnacks is reader-supported. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. 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. In terms of per capita income, Connecticut is the richest state in the United States of America. 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. Easton has a thriving downtown area with many restaurants, shops, and entertainment options. 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. It is an affluent community that has a population of 20,622 individuals, and the majority of its residents, 80.1%, have completed at least a bachelors degree. Despite its high per capita income, Connecticut is mainly a middle-class state. The median home price in Essex was $651,000 in 2022. It is a very safe town surrounded by greenery. As one of the Nutmeg state's oldest towns, it also represents one of the richest. The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. 10. Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. How Much Are Closing Costs in Texas & Who Pays Them. You catch that vibe when you visit New Canaan, but its not cheap to live there. Southport isnt the kind of city where keeping up with the neighbors comes cheaply. The average commute time from home to work is 31 minutes. According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. Head to, Natalie is a writer and travel enthusiast who loves uncovering new places along the East Coast. Considering Connecticut isnt the cheapest state in the US to start with, that alone should give you some idea of just how rich this little city is. The average family home retails for a massive $611,500, almost three times the . The unemployment rate is 8.0% and the poverty rate is 8.9%. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. The average home price in Southport is $600,000. Ridgefield is also home to several conservation areas and preserves that provide a haven for wildlife such as deer, foxes, wild turkeys, and hawks. A relatively small town, it offers the opportunity of doing great outdoor activities. 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. Most homes were built in 1965 when the community saw its largest growth spurt. When you click through real estate links on our site, we earn an affiliate commission. Related: The 10 Wealthiest Cities In New York. Weston is in Fairfield County. Living in New Canaan is like being surrounded by family. 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. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. With 733 . The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. Home to some of the most affluent residents of Connecticut, Weston has a median household income of $222,535. The town is partly in Hartford County, with some areas in Middlesex County. Get more stories delivered right to your email. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. There are many things to do including going to the beach and shopping at the local malls. Learn more about the Homesnacks methods that were used to collect the data and how the statistics were calculated. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. New Canaan is one of the wealthiest towns in Connecticut with a median sales price of $1,155,000. Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. You can find out more about him on LinkedIn or his website. Most of Connecticuts wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. With a population of 20,622 inhabitants, the average income per household is $145,244. The average home value is $1,150,400. 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. 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. All of these towns are located not too far east of Greenwich . The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. Want to learn more about Greenwich, CT? Located in Fairfield County, Weston has a population of 10,354. Weston, CT Annual household income: 222,535, 3. 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. 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? The result? Only 15% of the residents rent because most people there are homeowners. Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. This is a carousel. Like we said earlier, when we set out to identify the richest places in Connecticut, we werent sure what wed encounter, but it ended up being some of the best places to live 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. Most Expensively 2023. Its a small, charming seaside community in the Town of Greenwich with a population of 6,873. Easton has excellent schools both public and private schools are available. Youll find a community of 1,300 Wall Street execs and affiliates living in Old Greenwich, Connecticut. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. Only 16 states were represented in the top 100. 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. It's also very well educated, with over half of its residents having a college degree. 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. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. The greatest investment during 2015 has been in the alternative accommodations, Read More Where $100 million in Vacation Rental Startups is GoingContinue, Colorado is an incredible state to stay in if you are looking for a place with amazing weather, plenty of food, sports, cultural, and outdoor activities. 45.7% of the children in public schools are eligible for free or reduced lunch programs. Westport is one of the wealthiest towns in Connecticut. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. According to homes.com, Ridgefield is one of the most expensive places in Connecticut to buy a home. 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. Stamford, CT Annual household income: $152,102, 11. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. A wealthy enclave on Connecticut's Gold Coast, Greenwich is consistently ranked as one of the richest cities in America. 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. 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. Its a socioeconomically Upper Middle-Class city with a median household income of $136,261. With a median household income of $1,471,700, this is no place for people on a shoestring budget. West Simsbury, CT Annual household income: $109,590, 19. The second wealthiest town in Connecticut is Riverside. Southports location near New York City also makes it attractive for commuters working there. 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. The average price of a home is $611,500, nearly three times the national average. There are also many beautiful parks and green spaces throughout town. DARIEN, CT Darien is the wealthiest town in Connecticut, where the median household income is more than $200,000, according to a new report. With an average household income of $236,892 per year, it is one of the richest towns in the state. The average renter pays $2,336 per month. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. Save my name, email, and website in this browser for the next time I comment. Old Greenwich has a population of 6,962 and a median household income of $222,794. Related: The 10 Wealthiest Cities In California. Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. Connecticut is no ones idea of a poor state. Below is a list of the wealthiest towns in Connecticut. The Census ranks individual city wealth by a formula that averages the household incomes, including the adjusted gross income and the average household income. 6. The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. There are also several public parks located throughout Fairfield that offer great recreational opportunities such as tennis courts, baseball fields, basketball courts, and playgrounds for kids! This site uses Akismet to reduce spam. . In fairness, you do get a lot of return for your investment. Some haulers caught, Arming guidance counselors? Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. After all, rich people have really high salaries. Its a desirable place to live if you can afford the costs. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . Stamford is a city in Fairfield County with a population of 14,499. Point 2 Point Homes advises that the small community of 8,779 people has an average household income of more than $200k per year. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. In 2010, communities got $74 million or just 28 percent of the $264 million they lost on state property, according to the Connecticut Conference of Municipalities.

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