Riverside Profile Page with Infographics. According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. The bright side? A list of the richest cities in Connecticut was released by Homesnacks and we think you might be surprised at which places made the list. According to Area Vibes, the cost of living in Westport is 82% higher than the Connecticut average. New Canaan is expensive, even by Connecticut standards: The median home value is $1.9M, compared to $350,897 for the state overall. Home prices in town are also high, ranging from $500,000 to $4,000,000. West Simsbury has 151,104 residents as of 2022. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. 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. What is it like to live in Greenwich, CT. Stamford is a city in Fairfield County with a population of 14,499. Its also far below the national average rate of 3.9%. Westport is a very desirable place to live as it ranks highly for safety. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. Southport is an affluent town in Connecticut. Wealthiest Towns in CT Final - Suburbs 101. 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. The average home price in Old Greenwich is $1.8 million. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. 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! Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. 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. 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. Its an Upper-Middle-Class town with a median household income of just under $141K. Westport, CT Annual household income: $222,535, 4. Both coasts have some, Read More The 10 Best Places to Live on the West Coast of FloridaContinue, Massachusetts is one of the most remarkable states in America. The unemployment and poverty rates are 7.9% and 8.5% respectively. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. In todays world of language everything has an acronym dreamed up by some marketing or English major who feels the need to make everything, Read More Tips on How to Use a HELOC To Buy Real EstateContinue, Tucked in between North America and South America, the 20 countries that make up Latin America cover an enormous range of landscapes, climates, cultures, and traditions. The richest places in Connecticut are a lot like expensive diamonds; but, dont get it twisted, they are not by any means the diamonds in the rough. The financial news and opinion site 24/7 Wall St . Darien has a population of 21,499. Name Census collected information for the past five years and breaks the average income levels by age group. For example, those with families may, Read More The 20 Best Places to Live in OklahomaContinue, Austin, Texas is a thriving city that appeals to people from all walks of life. Weston is one of the most affluent towns in Connecticut with winding country roads and highly regarded schools. The unemployment rate in this city is 10% and the poverty rate is 9.6%. 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. Most Expensively 2023. The average commute time from home to work is 31 minutes. However, it is true that overall, the Nutmeg State is richer than most. You're Really Wealthy If You Live In One Of These 6 CT - Patch Its among the top ten. This Is The Richest Town In Connecticut | iHeart Its also home to the states only national historic site, Weir Farm. Its the place where many believe this country originated, being home to the historic city of Plymouth. It is located about 29 miles northeast of New York City, offering residents an easy commute to the city. Another one of the richest towns in Connecticut is Weston. Certainly enough time to go to the beach after work for a picnic dinner by the water! 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! Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. If you like close-knit communities with family-friendly vibes, well-respected schools, beautifully maintained parks, top-notch libraries, world-class restaurants, and a host of activities to get involved in (parades, festivals, pop up art exhibitions, shows the list goes on), then youre going to love New Canaan. Although the town is small, youll find plenty of recreational venues, cafes, restaurants, and shops. Its also very well educated, with over half of its residents having a college degree. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. What is it like to live in Greenwich, CT? Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. Shelton. There is a good reason that Norwalk was listed as one of the best places to live in America. However, the average house prices range from $1,5 million to $3 million. The 10 Most Expensive Places To Live In Connecticut For 2023 - HomeSnacks Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. 2015-2023 Chasing Chains, LLC. 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. Look here. Redding residents enjoy a peaceful life in a rural setting, away from the hustle and bustle of city living, yet still within a 1.5 hour drive to Manhattan. 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. >> Click through to see how each CT spot ranked as well as each household income average. If you want to live in Darian, youd better start saving. Map of 25 Wealthiest Zipcodes in Connecticut Based on Average Adjusted Gross Income. If you love the outdoors, check out the beautiful. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. Its safe, with a low crime rate. 4 CT towns make list of 100 richest towns in America The 20 Richest Towns in Connecticut in 2022; Liz Flynn. While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. 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. A median income that sits at a mammoth $352,839. The streets are safe, and the schools are highly rated. If youre in the market for a decently sized family home, dont expect to get much change from $1,283,146 a staggering amount, even by Connecticuts standards. To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. 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. It's also home to the state's only national historic site, Weir Farm. Its quiet, with a population density of just over 2,000 people per square mile about half that of New York City. 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. Its one of the areas wealthiest communities, with the median annual household income at over $215k. 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). The 20 most affluent places, based on places with available data, all had household incomes above $485,000. What determines the overall wealth of a city? Riverside Profile Page with Infographics. If you plan to buy a home in the city, the median home value is $330,100. 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). The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. In 2018, the average household income in its Old Greenwich. HomeSnacks is reader-supported. Ridgefield offers something for everyone from great schools to recreation for the whole family. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. 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? This Is The Wealthiest Town In Connecticut This site uses Akismet to reduce spam. Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways. The median sales price of homes in Riverside is $834,000. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. The average value of a home is just under $800,000, which is on par with the average household income. As of the 2020 census, the population was 1,710. And that makes living in the state expensive. Weston is in Fairfield County. The town is also home to many hedge fund managers, bankers, and lawyers. Youll find parades, festivals, and occasional pop-up art exhibitions. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. 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. Westport is in the top five most affluent cities in Connecticut for 2022. The beautiful neighborhood is small, just 6,962, after the influx of rich business professionals. DiscoverNet | The 10 Richest Cities in Connecticut The median house price in Westport is approximately $1.5 million. There are many things that families love about living in Wilton including its great school system, safe neighborhoods, and access to shopping centers. Expensive homes and big salaries arent the only things the population of this small city get to enjoy: with New York City just a stones throw away, a close-knit community, prestigious schools, safe streets, and plenty of green areas, its every bit as desirable as it is wealthy. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. Redding, Connecticut, is a small city with a population of 9,110. 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. CT proposal causes confusion, concern. In terms of per capita income, Connecticut is the richest state in the United States of America. Southports location near New York City also makes it attractive for commuters working there. The Population is 8,843 in this close-knit community. $55,137 is the median income in this city while the unemployment and poverty rates are 7.5% and 13.4% respectively. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. The average adjusted gross income is $222,660. The 10 Best Places To Live In Connecticut For 2022 - HomeSnacks The unemployment rate is 3%, which beats the state average by 4.1%. You'll receive your first newsletter soon! There are many things to do including going to the beach and shopping at the local malls. 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. The median household income is $99,791, and the average home price is $672,000. The homes in Westport are primarily owner-occupied (85%) and only 15% rentals. Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. Download The Entire Connecticut Ranking Data. The town center village is listed as a historic district on the National Register of Historic Places. Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. All Rights Reserved. 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. Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. Its a small town of 10,354. Its a great place to raise kids, with top-rated schools and safe streets. Jobs are plentiful in the city with a population of 7,453. It has an average household income of $234,152 and 6,611 residents. With an average home price of $641,500, mortgage payments here are no laughing matter although when you factor in the $157,448 median income, they suddenly get a lot more reasonable. Theres a reason this state is one of the richest in the country. 83% of the residents have a bachelors degree or higher, and the unemployment rate is low. The average home price in Southport is $600,000. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. The median income in Danbury is $67,430 helping to secure its 5th place ranking. Fairfield County is very close to New York City. To see the other wealthy places that made this list, take a look below. All of this combines to make the local housing market expensive. 25 Wealthiest Towns in the New York Suburbs, What are the Highest Paying Jobs in New York? Old Greenwich Annual household income: $222,794, 2. As of December 2019 Income inequality is huge in Connecticut, with the disparity most pronounced when comparing southern towns like New Canaan and Greenwich with Hartford, the state's capital.. New Canaan is one of the wealthiest towns in Connecticut with a median sales price of $1,155,000. 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. We love the detailed statistics that give us a clear snapshot of the socioeconomic dynamics of the city. What you might love just a little less is how excruciatingly expensive it is to live here although theres an (admittedly very small) selection of housing options on the reasonable end of the spectrum, there are enough hugely expensive properties to push the median home value to a whopping $1,355,800. 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. Fairfield County towns have made yet another list of the richest places in the U.S. 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. Whenever any publication compiles a list of Americas richest cities, theres one name you can always count on seeing Old Greenwich. Living in New Canaan is like being surrounded by family. Use Next and Previous buttons to navigate. Weston, CT Annual household income: 222,535, 3. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. The unemployment rate is 8.0% and the poverty rate is 8.9%. With an average household income of $236,892 per year, it is one of the richest towns in the state. What are the richest towns in Connecticut? The unemployment rate, as of 2022, is 3.3%, far lower than the state unemployment rate of 4.1%. 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. 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. With a median income of $59,522, Naugatuck took ninth place. West Hartford, CT Annual household income: $142,197, 14. The rankings are based on income and home value. Westport was third in the state, and no. Its a desirable place to live if you can afford the costs. The upside to all those sky-high prices is a median income that ranks as one of the highest in the state. The poverty rate is remarkably low at 1.12%, with median rent at $1,832 per month. We aim to deliver bite-sized pieces of infotainment about where you live. Being a coastal city, citizens have plenty of opportunities to spend their free time. You can find out more about him on LinkedIn or his website. 20% of the residents pay rent, with 80% owning their homes. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. People love to enjoy life and share it with family, friends, and neighbors. Its less ideal, however, if your bills are already bigger than your income. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. Despite its high per capita income, Connecticut is mainly a middle-class state. 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. It is a very safe town surrounded by greenery. Most of the residents have gainful employment with high-paying jobs. The schools are among the best in the state, making them the ideal place to raise a family. This is a carousel. 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. Visit Bloomberg for the full report. Woodbridge is another wealthy Connecticut town. Only 16 states were represented in the top 100. 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. Wilton, CT Annual household income: $193,292, 9. It is also one of the most expensive places to live in the country, with a median home value of $1,051,014. Connecticut is home to some of the wealthiest people in America. Riverside residents live a good work-life balance with an average commute time of 37 minutes. It is a picture-perfect neighborhood in the Town of Greenwich with beaches, highly rated schools, and an easy train ride to NYC. Riverside is one of the wealthiest communities in Connecticut. Among Connecticut cities and towns, the wealthiest are the big spenders Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . Suburbs 101 confirms that Riverside is a wealthy suburb of the Town of Greenwich. 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. The average price of a home is $611,500, nearly three times the national average. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. 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". It also has a number of highly rated public and private schools, which can be a major plus for families with children.
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