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. This Is The Richest Town In Connecticut | iHeart Darian If you want to live in Darian, you'd better start saving. 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. It is a picture-perfect neighborhood in the Town of Greenwich with beaches, highly rated schools, and an easy train ride to NYC. Old Greenwich is home to some of the wealthiest Connecticut residents. 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. Old Greenwich Profile Page with Infographics. This is a carousel. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Connecticut - Forbes According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. The unemployment rate tries to capture the prospects for more people to become rich. . Its also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. Greenwich is another of the wealthiest towns in Connecticut. A relatively small town, it offers the opportunity of doing great outdoor activities. Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. 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. She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. OnlyInYourState may earn compensation through affiliate links in this article. Most Dangerous Neighborhoods in Washington DC. According to Area Vibes, the cost of living in Westport is 82% higher than the Connecticut average. In fairness, you do get a lot of return for your investment. COS COB, CT Annual household income: $136,261, 17. The majority are white-collar workers, just 4.96% in the blue-collar classification. You can find out more about him on LinkedIn or his website. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. Many of these towns are wonderful places to live due to their incredible verdant spaces and proximity to the city and ocean. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. Living in New Canaan is like being surrounded by family. 4.2% of public school students are eligible for free or reduced lunch, and test performance in the public schools for Redding is excellent. The average price of a home is $611,500, nearly three times the national average. All of this combines to make the local housing market expensive. Stamford Wikipedia/John Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. With Connecticut being so close to New York City, it has become a favorite place for wealthy New Yorkers looking to buy a quaint, suburban home. Weston is one of the richest towns in Connecticut with a median household income of $207,863. Fairfield County is very close to New York City. Connecticut is no ones idea of a poor state. The median household income in New Canaan is $214,977. HomeSnacks is reader-supported. All rights reserved. With a median household income of $129,919, it is home to approximately 25,033 people. Jobs are plentiful in the area, with the working Population gainfully employed except for just 3.5%. Rentals are much higher than most, with an average of $2,443 per month for non-homeowners. Download The Entire Connecticut Ranking Data. 9. By Joselynn Chua / February 27, 2023. After all, rich people have really high salaries. [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Four of the top 20 are places in New York, including Brookville village. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . The average commute time from home to work is 31 minutes. 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. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. Most homes were built in 1965 when the community saw its largest growth spurt. Darien residents are well educated with 83% of residents having 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. 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 Westport? 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. If the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. The median income is $80,896. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. It has an average household income of $234,152 and 6,611 residents. (Infographs), What are the Highest Paying Jobs in New Jersey? It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. Isn't it grand to see Granby here in the top ten safest places in Connecticut. Theres a reason this state is one of the richest in the country. This year we asked our panel of experts to give some extra love to those restaurants where amore is on Nathan Spotts/Lauren Kinkade / Contributed Photo, Tyler Sizemore / Hearst Connecticut Media, Photos courtesy of William Pitt Sotheby's International Realty, H John Voorhees III / Hearst Connecticut Media, 2023 Hearst Media Services Connecticut, LLC, Just Salad restaurant celebrating grand opening in Fairfield, CTs Beardsley Bart makes his annual Groundhog Day prediction, Penny's Diner closes its Fairfield location after 40 years, Ppin, Sarandon talk food, joy of Rice Krispies at live CT show, New soul food restaurant, Everybody Eatz, opens in Bridgeport, Fairfield fried chicken restaurant Lovebird closes, CT Girl Scouts try to publish climate book after DiCaprio tweet, 29 Markle Ct, an upscale new American restaurant, now open, Carl Anthony Trattoria in Monroe relocating after 25 years, Manna Toast in Westport announces closing by year's end. Whenever any publication compiles a list of Americas richest cities, theres one name you can always count on seeing Old Greenwich. Its also very well educated, with over half of its residents having a college degree. Well, HomeSnacks crunched the numbers and discovered that Stamford is the most expensive place to live in Connecticut. Woodbridge, CT Annual household income: $205,541, 7. Dariens median home value is $1,654,00. Its a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. 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. Below is a list of the wealthiest towns in Connecticut. What are the richest towns in Connecticut? - Vim Buzz Greenwich is synonymous with luxury real estate and wealth. Feel free to check out some more reading about Connecticut: Population: 40,944Rank Last Year: 1 (No Change)Median Income: $103,647Unemployment Rate: 5.0%Poverty Rate: 6.0%More on Shelton: Real Estate|Photos, Population: 50,694Rank Last Year: 2 (No Change)Median Income: $97,951Unemployment Rate: 5.6%Poverty Rate: 4.1%More on Milford: Real Estate|Photos, Population: 134,820Rank Last Year: 3 (No Change)Median Income: $99,791Unemployment Rate: 5.5%Poverty Rate: 9.4%More on Stamford: Real Estate|Photos, Population: 31,586Rank Last Year: 4 (No Change)Median Income: $86,900Unemployment Rate: 6.1%Poverty Rate: 4.9%More on Naugatuck: Real Estate|Photos, Population: 60,733Rank Last Year: 5 (No Change)Median Income: $73,604Unemployment Rate: 5.9%Poverty Rate: 8.9%More on Bristol: Real Estate|Photos, Population: 86,197Rank Last Year: 7 (Up 1)Median Income: $74,600Unemployment Rate: 6.0%Poverty Rate: 10.6%More on Danbury: Real Estate|Photos, Population: 90,821Rank Last Year: 6 (Down 1)Median Income: $91,434Unemployment Rate: 6.6%Poverty Rate: 9.7%More on Norwalk: Real Estate|Photos, Population: 47,164Rank Last Year: 8 (No Change)Median Income: $67,485Unemployment Rate: 5.6%Poverty Rate: 11.2%More on Middletown: Real Estate|Photos, Population: 40,020Rank Last Year: 9 (No Change)Median Income: $59,791Unemployment Rate: 6.1%Poverty Rate: 10.6%More on Norwich: Real Estate|Photos, Population: 55,518Rank Last Year: 12 (Up 2)Median Income: $66,868Unemployment Rate: 8.7%Poverty Rate: 11.8%More on West Haven: Real Estate|Photos. The state is home to 91 of the US 100 most affluent zip codes. The unemployment and poverty rates are 7.9% and 8.5% respectively. 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. Old Greenwich Profile Page with Infographics. 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. The richest town in Connecticut is Darien, with a median household income of $251,200. Essex Village, CT Annual household income: $172,302, 12. Darian is an entire little town, and those that call it home enjoy lifes best with quaint shops, great places to dine, and plenty of recreational, shopping, and community event opportunities. 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). This site uses Akismet to reduce spam. People love to enjoy life and share it with family, friends, and neighbors. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. Test performance scores in public schools are ranked as excellent. As the name implies, Southport is a port city that is situated on the coast. 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. Theres usually something going on for recreation and entertainment in the town and surrounding areas. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there. Education Levels Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. The small community has a population of 7,586 residents. 18 Top-Rated Small Towns in Connecticut | PlanetWare 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. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. The next richest town in Connecticut is Ridgefield. (Infographic), What are the Highest Paying Jobs in Connecticut? The average home value is $466,000, making it one of the more affordable rich neighborhoods to buy a house. Youll find parades, festivals, and occasional pop-up art exhibitions. There are lots of affluent communities in the Nutmeg State, and some of them are unassuming. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. Just 16% of the homes are rentals. When Does a Seller Get Their Money After Closing on a House? The median household income at Cos Cob is $138,125. The 10 Richest Cities In Connecticut For 2023 - HomeSnacks A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. Some haulers caught, Arming guidance counselors? The local school system is also amongst the best in the state. Grace Duffield / Hearst Connecticut Media file photo New Canaan has a small-town feel with big-city amenities. The unemployment rate is 3%, which beats the state average by 4.1%. The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. The average home value is $1,561,200, with 84% of the residents owning their own homes. 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 benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. Westport residents live a good work-life balance with an average commute time of 44 minutes. 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. There are plenty of shopping and fine dining venues in Riverside. A wealthy enclave on Connecticut's Gold Coast, Greenwich is consistently ranked as one of the richest cities in America. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. What is it like to live in Greenwich, CT. 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? New Canaan is expensive, even by Connecticut standards: The median home value is $1.9M, compared to $350,897 for the state overall. In 2018, the average household income in its Old Greenwich. Want to learn more about Greenwich, CT? The crime rate in this town is also very low with only 5% of residents reporting that they had been victims of crime during the last year. 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. Despite its small size, it is home to 18,932 people. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. Darian is one of the richest towns in Connecticut with a median household income of nearly $243,750. Its a desirable place to live if you can afford the costs. It is also one of the most diverse towns in the state, with over 50% of its residents being foreign-born. It also has a number of highly rated public and private schools, which can be a major plus for families with children. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list.