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Is Connecticut still the richest state in the nation? Barely It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. A town covered in vibrant nature, Avon is one of the richest towns in Connecticut. Youll find a community of 1,300 Wall Street execs and affiliates living in Old Greenwich, Connecticut. This is our tenth time ranking the richest cities in Connecticut. 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 10 Richest Cities in Connecticut - Money Inc Fairfield, CT Annual household income: $139,122, 16. Woodbridge, CT Annual household income: $205,541, 7. 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. Only 4% of the homes in the community are available for rent. Editors Note: Data has been updated for 2023. 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. Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. Fairfield is a moderate-sized city in Fairfield County. Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. Essex Village is a highly desirable community to live in for the affluent. 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. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. There are also plenty of parks throughout the town including Waterside Park which offers a great view of Long Island Sound as well as tennis courts and playgrounds for children. Old Greenwich Profile Page with Infographics. The 10 Best Places To Live In Connecticut For 2022 - HomeSnacks The town is also known for having excellent public schools. The town has the highest percentage of residents who are wealthy, at about 30 percent. In terms of per capita income, it beats the nearest competition by a huge margin of almost $4000. 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. Youll find parades, festivals, and occasional pop-up art exhibitions. Theres a reason this state is one of the richest in the country. A CT bill would expand it fur, Is CT recycling going into the trash? Related: The 10 Wealthiest Cities In Missouri. Although the town is small, youll find plenty of recreational venues, cafes, restaurants, and shops. 4 CT towns make list of 100 richest towns in America - News 12 Networks Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes. Keep reading. Its in Hartford County. The third on the list is Westport. Learn how your comment data is processed. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. A relatively small town, it offers the opportunity of doing great outdoor activities. 18 Top-Rated Small Towns in Connecticut | PlanetWare 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. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. The town is partly in Hartford County, with some areas in Middlesex County. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. Its also home to some of the most expensive homes in the state. Want to learn more about Westport? People love to enjoy life and share it with family, friends, and neighbors. Southport has a long history as a summer resort and residential community. Its a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. Located in Fairfield County, Weston has a population of 10,354. 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. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike. The unemployment rate is 3.2%, compared to the Fairfield County unemployment rate of 5.2%. You'll receive your first newsletter soon! Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. Most of Connecticuts wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. New Canaan has a small-town feel with big-city amenities. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. Source: US Internal Revenue Service - 2018. Despite its small size, it is home to 18,932 people. (Infographs), What are the Highest Paying Jobs in New Jersey? 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 median income in this city is $81,634. The average home value is $1,150,400. 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. 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. The rankings are based on income and home value. Shelton places in the number two spot with a median income of $87,277. It has a population of 27,141. The 20 Most Affordable Places to Live in Connecticut - Money Inc South Glastonbury, CT Annual household income: $135,596, 18. You can find out more about him on LinkedIn or his website. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. On this Wikipedia the language links are at the top of the page across from the article title. Map of 25 Wealthiest Zipcodes in Connecticut Based on Average Adjusted Gross Income. Its a small, charming seaside community in the Town of Greenwich with a population of 6,873. 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. Only 16 states were represented in the top 100. It has a great location, close to major highways and a short drive from New York City. Newtown Borough is being credited as the richest town in the state of Connecticut. Chris Kolmar has been in the real estate business for almost ten years now. By Joselynn Chua / February 27, 2023. This site uses Akismet to reduce spam. Easton has excellent schools both public and private schools are available. 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. 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 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. It has an average household income of $204,792, and the home prices range between $600,000-$800,000. You're Really Wealthy If You Live In One Of These 6 CT - Patch Hoping for a glimpse at some of those gorgeous views for which this town is known? What you might love just a little less is how excruciatingly expensive it is to live here although theres an (admittedly very small) selection of housing options on the reasonable end of the spectrum, there are enough hugely expensive properties to push the median home value to a whopping $1,355,800. 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: Westport residents live a good work-life balance with an average commute time of 44 minutes. You can download the data here. Essex Village, CT Annual household income: $172,302, 12. Atherton, CA topped the list. CT proposal causes confusion, concern. Darian is one of the richest towns in Connecticut with a median household income of nearly $243,750. New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. In fairness, you do get a lot of return for your investment. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Connecticut towns make Bloomberg list of richest 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). Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. The 10 Richest Cities in Connecticut - Most Expensively Darien Profile Page with Infographics. 14 Richest Towns in Connecticut (2022) | PropertyClub The town is also home to many hedge fund managers, bankers, and lawyers. 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. The median income is $80,896. Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. 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? 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. Its capital is Hartford, and its most populous city is Bridgeport. When Does a Seller Get Their Money After Closing on a House? As one of the Nutmeg state's oldest towns, it also represents one of the richest. Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. The financial news and opinion site 24/7 Wall St . According to Area Vibes, the cost of living in Westport is 82% higher than the Connecticut average. The unemployment rate in this city is 10% and the poverty rate is 9.6%. The streets are safe, and the schools are highly rated. West Hartford, CT Annual household income: $142,197, 14. The largest city in Litchfield County, Torrington, grabs the number eight spot. With an average household income of $236,892 per year, it is one of the richest towns in the state. That ratio steadily has been. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. There are many things that families love about living in Wilton including its great school system, safe neighborhoods, and access to shopping centers. The average home price in town is $780,000. Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. If you can afford a mortgage, its the better way to go in Fairfield. 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. 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. Related: The 10 Wealthiest Cities In North Carolina. The most charming small towns in Connecticut are perfect for a day trip or a new home. The average home price in Southport is $600,000. Wilton, CT Annual household income: $193,292, 9. Haar: Wealthy towns make CT cannabis list of 'impacted areas' 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.