America's wealthiest people are starting to move into smaller cities, a new wealth report says. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. 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. 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. Weston is one of the most affluent towns in Connecticut with winding country roads and highly regarded schools. 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 next town on this list is Wilton. Most homes were built in 1965 when the community saw its largest growth spurt. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. Old Greenwich Annual household income: $222,794, 2. Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. Home to some of the most affluent residents of Connecticut, Weston has a median household income of $222,535. A handful of factors, from the number of businesses in an area to its median income, have an impact on whether residents are thriving or struggling financially. Most residents have at least a bachelors degree or higher and drive an average of 42 minutes to get to work. With a median household income of $1,471,700, this is no place for people on a shoestring budget. 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. If you want to live in Darian, youd better start saving. Weston residents live a good work-life balance with an average commute time of 42 minutes. The richest town in Connecticut is Darien, with a median household income of $251,200. Its smaller than Ridgefield but slightly more affluent. The town is partly in Hartford County, with some areas in Middlesex County. The average home value is $466,000, making it one of the more affordable rich neighborhoods to buy a house. How Much Are Closing Costs in Texas & Who Pays Them. Atherton, CA topped the list. New Canaan and other wealthy towns made it onto the state's list of "disproportionately impacted areas" for favorable treatment in the marijuana legalization rollout, due to a quirk in the data. Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. The median household income is $99,791, and the average home price is $672,000. With salaries like that, most residents are having no problem in keeping up with those monster mortgage re-payments. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. There are also several golf courses in town that draw a lot of people from around the world. In terms of per capita income, Connecticut is the richest state in the United States of America. Citizens of COS COB have an average commute time from home to work of 31.9 minutes, suggesting they dont need to travel far for work. Only 4% of the homes in the community are available for rent. Heck, the competition for the top ten richest places in The Constitution State was quite fierce, so to narrow down our list we decided to look at the 21 Connecticut cities with at least 9,000 residents. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. 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. Riverside is one of the wealthiest communities in Connecticut. Fairfield County towns have made yet another list of the richest places in the U.S. The unemployment rate is 3%, which beats the state average by 4.1%. Home to over 136,309 people, Stamford is the richest city in Connecticut. Read on to discover the 14 richest towns in Connecticut in 2022. It is a very safe town surrounded by greenery. Jobs are plentiful in the city with a population of 7,453. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. 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. Its a small town of 10,354. Let's go! What determines the overall wealth of a city? The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. Almost 6,300 communities met the criteria, which includes approximately 75% of total households in the U.S.". The unemployment and poverty rates are 7.9% and 8.5% respectively. The average commute time from home to work is 31 minutes. The town also boasts one of the best school systems in all of Connecticut! Woodbridge is another wealthy Connecticut town. However, test score performance in the public school system gets a poor ranking. There is a good reason that Norwalk was listed as one of the best places to live in America. 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. As one of the Nutmeg state's oldest towns, it also represents one of the richest. The average home price in town is $780,000. After all, rich people have really high salaries. The village also includes a historic mill complex and dam. Grace Duffield / Hearst Connecticut Media file photo Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. The median home value is steep at $1,382,800 for 2022. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. Weston is one of the richest towns in Connecticut with a median household income of $207,863. The median income is $80,896. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. 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! HomeSnacks is reader-supported. Fairfield County town is one of the most desirable places to live if you have the financial means. We aim to deliver bite-sized pieces of infotainment about where you live. It has a great location, close to major highways and a short drive from New York City. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. Essex is another one of the richest towns in Connecticut. Darian If you want to live in Darian, you'd better start saving. New Canaan is situated right next to Darien and is also one of the richest towns in Connecticut. Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. If you love the outdoors, check out the beautiful. The average household income in Woodbridge is $96,919, and the median home price is $595,000. The average adjusted gross income is $222,660. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. The average price of a home is $611,500, nearly three times the national average. People love to enjoy life and share it with family, friends, and neighbors. The 2010 Census revealed a growth from 6.751 residents to 7,150, showing that the town is gaining its population base. Bloomberg reports that in Atherton, "the cheapest house on the market is currently listed for $2.5 million, according to real estate marketplace Zillow.com. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. 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. 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. Related: The 10 Wealthiest Cities In New York. Were just going to leave this right here. Theres a reason this state is one of the richest in the country. Contact: nclunan@onlyinyourstate.com, The Cafeteria With Some Of The Best Home-Cooked Food In Connecticut, See Mermaids In Real Life Right Here in Connecticut At The Mystic Aquarium, This Rustic Restaurant In Connecticut Serves Up Heaping Helpings Of Country Cooking, The Terrifying, Deadly Plane Crash In Connecticut That Will Never Be Forgotten, Here Are The 8 Poorest Cities In Connecticut, Here Are The 10 Cheapest Yet Great Places To Live In Connecticut, The 9 Most Dangerous Cities in Connecticut, Here Are The 9 Most Dangerous Places In Connecticut After Dark, Whittemore Glen State Park in Naugatuck, Connecticut, Bluff Point State Park in Groton, Connecticut. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. 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. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. Connecticut is one of the wealthiest states in the US. 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". 96% of the residents are homeowners with a median home value of $868,200. All in all, Riverside is a town that offers a great quality of life to its citizens. Read More The 20 Safest Places To Live in TennesseeContinue, If you dont know what a HELOC is, dont feel stupid. The town is also known for having excellent public schools. Use Next and Previous buttons to navigate. And that makes living in the state expensive. 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. Riverside, CT Annual household income: $215,791, 5. Westport was third in the state, and no. Westport, CT Annual household income: $222,535, 4. Want to learn more about Weston? The 20 most affluent places, based on places with available data, all had household incomes above $485,000. 1. 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. 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. The streets are safe, and the schools are highly rated. Fairfield is one of the richest towns and among the best places to live in Connecticut. It is also one of the most expensive places to live in the country, with a median home value of $1,051,014. The most charming small towns in Connecticut are perfect for a day trip or a new home. Gov. The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. Below is a list of the wealthiest towns in Connecticut. Darian, CT Annual household income: $232,523, 1. Its also far below the national average rate of 3.9%. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. Westport Profile Page with Infographics. Property values are high, the median sales price is $1,029,000. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. This site uses Akismet to reduce spam. $55,137 is the median income in this city while the unemployment and poverty rates are 7.5% and 13.4% respectively. The town is full of greenery and offers residents a tranquil vibe. Redding, Connecticut, is a small city with a population of 9,110. Related: The 10 Wealthiest Cities In Missouri. Southport is an affluent town in Connecticut. Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. 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: California was the most represented with 23 cities and towns making the list. Its median income is $58,717. On top of all these benefits, Westport is also an attractive place for people who want to start businesses because they can get affordable office space and high-quality amenities like restaurants and nightlife.
Which Of The Following Is True Of A Job?,
John Mcroberts Helen Masters,
Better Homes And Gardens Fragrance Oil Ingredients,
When To Get Booster After Having Covid,
Articles R