Most Expensively 2023. Most Dangerous Neighborhoods in Washington DC. Fairfield. New Canaan is one of the wealthiest towns in Connecticut with a median sales price of $1,155,000. Connecticut is home to some of the wealthiest people in America. Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. Get more stories delivered right to your email. Some work at private companies and governmental institutions. Its also home to the states only national historic site, Weir Farm. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. Known for its luxury waterfront homes, Old Greenwich has a median sales price of $2,063,000. You can find out more about him on LinkedIn or his website. 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. Well, HomeSnacks crunched the numbers and discovered that Stamford is the most expensive place to live in Connecticut. The third on the list is Westport. What is it like to live in Greenwich, CT. Gold Coast (Connecticut) - Wikipedia West Simsbury has 151,104 residents as of 2022. In fairness, the high prices arent unjustified. 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. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. 96% of the residents are homeowners with a median home value of $868,200. 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? Here are the wealthiest towns in Connecticut. The town has attracted the rich and famous . Is Connecticut still the richest state in the nation? Barely If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. With a population of 20,622 inhabitants, the average income per household is $145,244. As at 2019, Connecticut had a per capita income of $44,496. CT proposal causes confusion, concern. 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. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. We suspect that the recent pandemic took a toll on residents who lost their jobs, with some forced to relocate for more affordable housing. Here are the 10 richest places in Connecticut for 2023: Shelton Milford Stamford Naugatuck Bristol Danbury Norwalk Middletown Norwich West Haven With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. As of the 2020 census, the population was 1,710. America's wealthiest people are starting to move into smaller cities, a new wealth report says. If you dream of the quiet life, its ideal. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. . Newtown Borough is being credited as the richest town in the state of Connecticut. Read More The 20 Safest Places To Live in TennesseeContinue, If you dont know what a HELOC is, dont feel stupid. And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. All in all, Riverside is a town that offers a great quality of life to its citizens. The schools are excellent and the town is beautiful, with tree-lined streets and old-fashioned townhouses. With a population of 63,518, Greenwich is an upscale community with a median household income of $180,44. The homes in Darien are primarily owner-occupied (87%) with only 13% rentals. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. Fairfield County is very close to New York City. It is a Fairfield County city home to many wealthy residents who enjoy private country clubs, yacht clubs, and pristine beaches. 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). Darian is one of the richest towns in Connecticut with a median household income of nearly $243,750. People who live and work in Easton have a slightly higher income level. The average home value is $650,400. Essex is another one of the richest towns in Connecticut. This is a carousel. New Cannan, CT Average household income: $200,203.00 Living in New Canaan is like being surrounded by family. The town center village is listed as a historic district on the National Register of Historic Places. Old Greenwich Annual household income: $222,794, 2. It is a very safe town surrounded by greenery. This Is The Wealthiest Town In Connecticut List of Connecticut locations by per capita income - Wikipedia 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. This is our tenth time ranking the richest cities in Connecticut. Westport Profile Page with Infographics. Use Next and Previous buttons to navigate. Westport residents live a good work-life balance with an average commute time of 44 minutes. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. 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. Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. The climate is better for persons with allergies, asthma, and other respiratory conditions. Here Are The 10 Richest Cities In Connecticut - OnlyInYourState The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. 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. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. 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. Hoping for a glimpse at some of those gorgeous views for which this town is known? If the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. Fairfield, CT Annual household income: $139,122, 16. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. 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. The median household income at Cos Cob is $138,125. 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. The average home price in Southport is $600,000. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. 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? 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. Want to learn more about Greenwich, CT? 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. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. Less than an hour train ride from New York City, Greenwich gives the feel of a small town with all the amenities of the big city. The unemployment and poverty rates are 6.3% and 11.4% respectively. Demographic studies show that 81.64% of the residents are white; however, only 42.4% of the children in the public schools are white, suggesting that the city is starting to diversify its demographic Population. DiscoverNet | The 10 Richest Cities in Connecticut Stamford Wikipedia/John A median income that sits at a mammoth $352,839. Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. 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. Youll find parades, festivals, and occasional pop-up art exhibitions. Stamford is a city in Fairfield County with a population of 14,499. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. The unemployment rate, as of 2022, is 3.3%, far lower than the state unemployment rate of 4.1%. 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. 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. With its quaint downtown, beautiful homes, and friendly people, its no wonder that Ridgefield was named one of the top 100 small towns in America by Money magazine! The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. 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. Head to, Natalie is a writer and travel enthusiast who loves uncovering new places along the East Coast. Westport is one of the richest towns in Connecticut with a median household income of $222,375.
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