Its safe, with a low crime rate. 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. This site uses Akismet to reduce spam. 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. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. We aim to deliver bite-sized pieces of infotainment about where you live. In 2018, the average household income in its Old Greenwich. Besides these, Colorado has ongoing employment opportunities in aviation,, Read More The 10 Cheapest Places to Live in ColoradoContinue. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. 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. On the plus side, the median income of $190,227 is equally jaw-dropping. The average renter pays $2,336 per month. 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. 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. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. In Essex Village, the median income for married people with families is $172,302 for married people with families, and slightly lower for unmarried with families. Darien Profile Page with Infographics. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. Get more stories delivered right to your email. Ridgefield, CT Annual household income: $206,560, 6. Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. 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. It is an affluent community with a population of 18,503 people, and 75.1% of its residents have attained a bachelors degree or higher, reflecting an educated community. Until the federal government takes its regulatory role seriously and uses the big stick that it has, corporations will attempt to self-regulate M&T urged to end 'banking desert' in Bridgeport neighborhoods, 'Candlewood' horror movie drops trailer inspired by local urban legends, Four Fairfield businesses fail February health inspections, Warrant: Ex-New Fairfield 'lunch lady' sent nude images to student on Snapchat for months before sex assault, Police make up 19 of Trumbull's top 20 highest paid employees, Former CT girls soccer coach pleads guilty to sexually assaulting player, Bridgeport man broke into Norwalk homes while families slept inside, warrants said, The Best Private High Schools Near Stamford, The Best Private Preschools Near New Haven, Guide to Legal Cannabis Dispensaries in CT, Why CT waits for $95 million from OxyContin maker Purdue Pharma, HUSKY Health is helping immigrants. We also looked at things that make rich people happy: fellow neighbors with high median income levels, world class educational opportunities, low crime, and posh amenities. Suburbs 101is an insiders guide to suburban living. Wilton, CT Annual household income: $193,292, 9. Only 16 states were represented in the top 100. The town has attracted the rich and famous . Riverside Profile Page with Infographics. Easton has a thriving downtown area with many restaurants, shops, and entertainment options. A median income that sits at a mammoth $352,839. The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. Woodbridge is another wealthy Connecticut town. Although the town is small, youll find plenty of recreational venues, cafes, restaurants, and shops. What is it like to live in Greenwich, CT. Weston is one of the most affluent towns in Connecticut with winding country roads and highly regarded schools. Inflation-adjusted household income is one of the factors. Its among the top ten. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. Its median income is $58,717. It's also home to the state's only national historic site, Weir Farm. How Much Are Closing Costs in Texas & Who Pays Them. The town is also home to many hedge fund managers, bankers, and lawyers. The unemployment rate is 8.6% and the poverty rate is 10% in this city. Easton, CT Annual household income: $166,875, 13. The 10 Wealthiest Neighborhoods in San Francisco, median household income of nearly $243,750, The 10 Wealthiest Cities In North Carolina, median household income in Wilton is $204,473, population of just over 20,249 (2020) people, median home value in Easton is over $772,758, The 10 Richest Cities in Michigan Based on Median Income, The 10 Richest Neighborhoods in New York City, The 10 Wealthiest Cities in Georgia Based on Median Income, The 10 Wealthiest Cities in California Based on Median Income, The 10 Wealthiest Cities in Illinois Based on Median Income, The 10 Wealthiest Cities in Missouri Based on Median Income, The 10 Wealthiest Cities in North Carolina Based on Median Income, The 10 Wealthiest Cities in Maryland Based on Median Income. Learn how your comment data is processed. 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 20 Richest Towns in Connecticut in 2022; Liz Flynn. We suspect that the recent pandemic took a toll on residents who lost their jobs, with some forced to relocate for more affordable housing. 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. A town covered in vibrant nature, Avon is one of the richest towns in Connecticut. Dariens median home value is $1,654,00. It has a great location, close to major highways and a short drive from New York City. Demographic studies show that 81.64% of the residents are white; however, only 42.4% of the children in the public schools are white, suggesting that the city is starting to diversify its demographic Population. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. 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 unemployment rate is just 3.1%, with an average commute of 33 minutes. OnlyInYourState may earn compensation through affiliate links in this article. It is also one of the most diverse towns in the state, with over 50% of its residents being foreign-born. . The community is known for being tight-knit with safe streets, low unemployment rates, and top-notch schools. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. 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. We love the detailed statistics that give us a clear snapshot of the socioeconomic dynamics of the city. 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. Darien is one of the wealthiest towns in Connecticut. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. It has an average household income of $204,792, and the home prices range between $600,000-$800,000. 20% of the residents pay rent, with 80% owning their homes. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. You can download the data here. Gov. Weston, CT Annual household income: 222,535, 3. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. View Map of 25 Poorest Zipcodes in Connecticut. The beautiful neighborhood is small, just 6,962, after the influx of rich business professionals. The demographics data shows that 88.37% of the residents are white, with 83.9% of the public schools showing a student population that is 83.9% white with excellent test performance scores. Download The Entire Connecticut Ranking Data. 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). As one of the Nutmeg state's oldest towns, it also represents one of the richest. Westport is one of the wealthiest towns in Connecticut. Want to know where Connecticuts 17 billionaires and 122,000 millionaires live? >> Click through to see how each CT spot ranked as well as each household income average. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. With salaries like that, most residents are having no problem in keeping up with those monster mortgage re-payments. There is a good reason that Norwalk was listed as one of the. Its a desirable place to live if you can afford the costs. Despite its high per capita income, Connecticut is mainly a middle-class state. 96% of the residents are homeowners with a median home value of $868,200. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. Four Connecticut towns made the top 50 list (well, three depending on how you look at it): Darien, Old Greenwich, Riverside (Greenwich) and Westport. 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. 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. Visit Bloomberg for the full report. The average household income in Woodbridge is $96,919, and the median home price is $595,000. 22 overall, with average household income at $270,222. Redding, CT Annual household income: $140,995, 15. There is a good reason that Norwalk was listed as one of the best places to live in America. The average family home retails for a massive $611,500, almost three times the national average. The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. Newtown Borough is being credited as the richest town in the state of Connecticut. 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. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. 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. Southport is an affluent town in Connecticut. Just 16% of the homes are rentals. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. Point 2 Point Homes advises that the small community of 8,779 people has an average household income of more than $200k per year.