School test performance scores are above average, and 9.2% of students are eligible for free or reduced lunches at school. List of Connecticut locations by per capita income - Wikipedia Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. When Does a Seller Get Their Money After Closing on a House? If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. 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. You're Really Wealthy If You Live In One Of These 6 CT - Patch Stamford is a city in Fairfield County with a population of 14,499. Old Greenwich Profile Page with Infographics. And that makes living in the state expensive. The rankings are based on income and home value. Liz loves the process of researching information, learning new things, and putting into words . HomeSnacks is reader-supported. Connecticut has a large number of wealthy towns and cities with high incomes among its residents, but this does not mean that every resident of Connecticut lives in a wealthy area. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. 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. As of the 2020 census, the population was 1,710. Chris Kolmar has been in the real estate business for almost ten years now. The 10 Richest People in Connecticut - Money Inc Editors Note: Data has been updated for 2023. It has a population of 27,141. Darian, CT Annual household income: $232,523, 1. According to homes.com, Ridgefield is one of the most expensive places in Connecticut to buy a home. We then averaged all the rankings for a place into a Rich Score with the place having the lowest overall Rich Score, Shelton, crowned the Richest City In Connecticut For 2023. Save my name, email, and website in this browser for the next time I comment. The median home price in Essex was $651,000 in 2022. If you choose to rent an apartment, expect to pay an average of $1,866 monthly. There are lots of affluent communities in the Nutmeg State, and some of them are unassuming. We love the detailed statistics that give us a clear snapshot of the socioeconomic dynamics of the city. Riverside is one of the wealthiest communities in Connecticut. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. People love to enjoy life and share it with family, friends, and neighbors. Related: The 10 Wealthiest Cities In New York. Old Greenwich Profile Page with Infographics. Redding, CT Annual household income: $140,995, 15. What makes some cities more prosperous than others? Old Greenwich Annual household income: $222,794, 2. Connecticut’s per capita income was $44,496 in 2019, according to estimates. Whenever any publication compiles a list of Americas richest cities, theres one name you can always count on seeing Old Greenwich. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Norwalk, CT, USA 4. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Above is a fundraiser at the famous Glass House in New Canaan. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. 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! Related: The 10 Wealthiest Cities In North Carolina. Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. If more people are employed, the richer the future looks. The average commute time from home to work is 31 minutes. Top 25 Wealthiest Zipcodes in Connecticut - Zipdatamaps.com It has a population of 33,900 residents. All Rights Reserved. 9. You can download the data here. 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. Wilton, CT Annual household income: $193,292, 9. Most Dangerous Neighborhoods in Washington DC. What determines the overall wealth of a city? The financial news and opinion site 24/7 Wall St . Southport is an affluent town in Connecticut. 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. Riverside Profile Page with Infographics. 91.82% of the Population is white, with 87.8% white students in the public school system. Located in Fairfield County, Weston has a population of 10,354. 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. Want to learn more about Greenwich, CT? The first European settlement was established there in, Read More The 20 Best Places to Live in MassachusettsContinue, Already in the first quarter of 2016, vacation rental startup companies have attracted almost $100 million in investments across the United States and Europe. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. With a median household income just shy of a quarter-million a year, Darian is an exclusive place to live. Shelton has an extremely successful economy, with the 2nd lowest poverty level and lowest unemployment rate in Connecticut, at 5.4% and 4.9% respectively. Its also a great place for students who want to attend college because it has many colleges and universities nearby such as the University of Connecticut, Yale University, Quinnipiac University, and Sacred Heart University. If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. If you dream of the quiet life, its ideal. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. A wealthy enclave on Connecticut's Gold Coast, Greenwich is consistently ranked as one of the richest cities in America. It is also one of the most diverse towns in the state, with over 50% of its residents being foreign-born. 20% of the residents pay rent, with 80% owning their homes. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. Only 16 states were represented in the top 100. Westport residents live a good work-life balance with an average commute time of 44 minutes. The schools are excellent and the town is beautiful, with tree-lined streets and old-fashioned townhouses. Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. If youre thinking about moving to Austin and youre single without a family or spouse, you might find some neighborhoods, Read More The 10 Best Places to Live in Austin for SinglesContinue. West Hartford, CT Annual household income: $142,197, 14. Her academic degrees include AA social Sci/BA English/MEd Adult Ed & Community & Human Resource Development and ABD in PhD studies in Indust & Org Psychology. If you plan to buy a home in the city, the median home value is $330,100. Theres usually something going on for recreation and entertainment in the town and surrounding areas. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. Southports location near New York City also makes it attractive for commuters working there. 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. Thats right, folks, the Gold Coast didnt get its name because gold was found on Connecticuts beaches. Its also very well educated, with over half of its residents having a college degree. The schools are among the best in the state, making them the ideal place to raise a family. 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. A rain garden is an area dug slightly below the surrounding area that can catch and collect rainfall and keep it from carrying pollutants downstream. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways. Jobs are plentiful in the area, with the working Population gainfully employed except for just 3.5%. The median sales price of homes in Weston is $1,225,000 with 96% of homes owner-occupied and only 4% of homes being rentals. 22 overall, with average household income at $270,222. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. The town is partly in Hartford County, with some areas in Middlesex County. Below is a list of the wealthiest towns in Connecticut. 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. What are the richest towns in Connecticut? New Cannan, CT Average household income: $200,203.00 Living in New Canaan is like being surrounded by family. Connecticut - Forbes The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. 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. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. The median home value is $766,900, making it more affordable than some other affluent communities. 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. The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. 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. 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. Love Connecticut? The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes. Its capital is Hartford, and its most populous city is Bridgeport. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. Its a small town of 10,354. However, its also popular among locals so much so that there are rumors that it might become a commuter town for New York City residents. Its also one of the wealthiest towns in Connecticut, with a median annual income per family of $180,057.