Darian will be the second wealthiest city in Connecticut in 2022. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. Above is a fundraiser at the famous Glass House in New Canaan. Suburbs 101is an insiders guide to suburban living. The bright side? (Infographic), What are the Highest Paying Jobs in Connecticut? Most homes were built in 1965 when the community saw its largest growth spurt. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. The largest city in Litchfield County, Torrington, grabs the number eight spot. Darian If you want to live in Darian, you'd better start saving. After all, rich people have really high salaries. Most Expensively 2023. 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. Darian, CT Annual household income: $232,523, 1. Riverside also offers residents a quick commute into NYC. Head out on a fun getaway to these spots: Thank you! There are many things that families love about living in Wilton including its great school system, safe neighborhoods, and access to shopping centers. 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. 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. Theres a reason this state is one of the richest in the country. Want to learn more about Riverside? The unemployment rate in this city is 10% and the poverty rate is 9.6%. The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. The most charming small towns in Connecticut are perfect for a day trip or a new home. Darien has a population of 21,499. However, it is true that overall, the Nutmeg State is richer than most. The median household income in New Canaan is $214,977. HomeSnacks is reader-supported. Fairfield County is very close to New York City. 2015-2023 Chasing Chains, LLC. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. Located in Fairfield County, Weston has a population of 10,354. Its also home to the states only national historic site, Weir Farm. Name Census collected information for the past five years and breaks the average income levels by age group. Want to learn more about Greenwich, CT? Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. Like we said earlier, when we set out to identify the richest places in Connecticut, we werent sure what wed encounter, but it ended up being some of the best places to live in Connecticut. We love the detailed statistics that give us a clear snapshot of the socioeconomic dynamics of the city. New Canaan is situated right next to Darien and is also one of the richest towns in Connecticut. The average home price in Southport is $600,000. Greenwich is another of the wealthiest towns in Connecticut. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. A relatively small town, it offers the opportunity of doing great outdoor activities. The town is also home to many hedge fund managers, bankers, and lawyers. The median house price in Westport is approximately $1.5 million. Download The Entire Connecticut Ranking Data. If you're looking for a fun day trip, you will really enjoy, The city of Bristol with a population of 60,437 is ranked number seven. Wilton, CT Annual household income: $193,292, 9. The average commute time from home to work is 35.7 minutes. She also enjoys creative writing, content writing on nearly any topic (particularly business and lifestyle), because as a lifelong learner, she loves to do research and possess a high skill level in this area. 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. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. Visit Bloomberg for the full report. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. All of this combines to make the local housing market expensive. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. California was the most represented with 23 cities and towns making the list. Want to learn more about Old Greenwich? While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. If you thought that renting would help cut costs to a more reasonable level, think again according to Niche, the average cost of renting a home in this exclusive little city is over twice the national average at $2,469. Westport is one of the wealthiest towns in Connecticut. The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. Riverside is one of the wealthiest communities in Connecticut. The median household income is $99,791, and the average home price is $672,000. Its median income is $58,717. All Rights Reserved. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. Easton, CT Annual household income: $166,875, 13. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. The average family home retails for a massive $611,500, almost three times the national average. Andreas Halvorsen - Net Worth: $6.3 Billion Andreas Halvorsen is a Norwegian billionaire businessman whose net worth of $6.3 billion makes him the 6th richest person in Connecticut. The unemployment and poverty rates are 7.9% and 8.5% respectively. New Canaan is expensive, even by Connecticut standards: The median home value is $1.9M, compared to $350,897 for the state overall. It is a very safe town surrounded by greenery. Test performance scores in public schools are ranked as excellent. 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. The upscale community attracts residents who commute to New York City because its easy train ride to Manhattan. The financial news and opinion site 24/7 Wall St . The high demand is getting harder to find places for sale. 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. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. People who live and work in Easton have a slightly higher income level. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. the average home value is $1,471,700. 79.4% of the community are US-born citizens, with 11.73% born in other countries. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. Its less ideal, however, if your bills are already bigger than your income. The town is full of greenery and offers residents a tranquil vibe. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. The median sales price is residential sales data for 12 month period ending January 2023. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. 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. Old Greenwich is one of the richest Neighborhoods in Connecticut with a median household income of $238,750. They found this lovely old city during the Covid-19 pandemic and relocated for a safer and serene place to live. To find out which Connecticut cities are doing the best and why we compared the most recent data from the U.S. Census Bureau to our own city-level income data to determine Americas richest cities. There is a good reason that Norwalk was listed as one of the. Fairfield is one of the richest towns and among the best places to live in Connecticut. People love to enjoy life and share it with family, friends, and neighbors. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. If you plan to buy a home in New Canaan, the average price is $1.36 million. 10. When you learn that the average cost of a single-family home is $1,150,400 and the median income is $206,466, youll be left in no doubt. The median home price in Essex was $651,000 in 2022. Related: The 10 Wealthiest Cities In North Carolina. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. 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. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. Let's go! Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. Darien is one of the wealthiest towns in Connecticut. However, test score performance in the public school system gets a poor ranking. Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. The average value of a home is just under $800,000, which is on par with the average household income. Its quiet, with a population density of just over 2,000 people per square mile about half that of New York City. With an average household income of $236,892 per year, it is one of the richest towns in the state. It's also one of the most expensive places to live in the country, with a median home price of over $1.5 million. The schools are among the best in the state, making them the ideal place to raise a family. Its a great place to raise kids, with top-rated schools and safe streets. It has a population of 33,900 residents. The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. If you want to live in Darian, youd better start saving. Look here. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. Its also home to some of the most expensive homes in the state. 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. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. When Does a Seller Get Their Money After Closing on a House? Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. Riverside, CT Annual household income: $215,791, 5. 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.

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