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Southport isnt the kind of city where keeping up with the neighbors comes cheaply. Fairfield. If you want to live in Darian, youd better start saving. The town has attracted the rich and famous . 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. Depending on individual tastes, personal circumstances, and the stage of life a person is at, everyone has different criteria in terms of what makes a great place to live. COS COB, CT Annual household income: $136,261, 17. 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. How Much Are Closing Costs in Texas & Who Pays Them. Theres usually something going on for recreation and entertainment in the town and surrounding areas. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. Its an Upper-Middle-Class town with a median household income of just under $141K. 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). There are plenty of shopping and fine dining venues in Riverside. It is a very safe town surrounded by greenery. The local school system is also amongst the best in the state. Related: The 10 Wealthiest Cities In California. 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. However, it is true that overall, the Nutmeg State is richer than most. The unemployment rate is 8.6% and the poverty rate is 10% in this city. The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. Four of the top 20 are places in New York, including Brookville village. Its less ideal, however, if your bills are already bigger than your income. Get the inside scoop on what its really like to live in the suburbs through our interviews with local suburbanites and features on Food, Fashion, Home, Garden, Travel, Pets, Real Estate and Local Events. 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. 83% of the residents have a bachelors degree or higher, and the unemployment rate is low. The unemployment rate is 3.2%, compared to the Fairfield County unemployment rate of 5.2%. Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. The city deserves its spot on the list as its well above the average US income. 14 Richest Towns in Connecticut Darien Riverside Westport Old Greenwich Wilton Weston Greenwich Southport New Canaan Avon Ridgefield Stamford Woodbridge Essex 1. Renters pay an average of $1,361 per month. 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. Most websites that report demographics for Connecticut list Darian, as the richest city in the state, but World Population confirms that Southport jumped into the number one spot with an incredible average household income of $310,831. Well, HomeSnacks crunched the numbers and discovered that Stamford is the most expensive place to live in Connecticut. 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. Map of 25 Wealthiest Zipcodes in Connecticut Based on Average Adjusted Gross Income. The Census ranks individual city wealth by a formula that averages the household incomes, including the adjusted gross income and the average household income. Its a great place to raise kids, with top-rated schools and safe streets. The unemployment rate is 7.3% while the poverty rate is higher at 11.2%. Want to learn more about Riverside? The average home price in town is $780,000. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. Fairfield is also very safe and has low crime rates. The crime rate is practically non-existent, the median income is a stonking $139,122, the schools are some of the best in the state, and despite its relatively small size, it has a huge selection of restaurants, shops, cafes, and recreational venues to enjoy. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike. 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. The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. The 20 Worst Places to Live if you Have Arthritis in The U.S. It has a population of 27,141. Riverside also offers residents a quick commute into NYC. The average home price in Old Greenwich is $1.8 million. Related: The 10 Wealthiest Cities In New York. With a median household income of $129,919, it is home to approximately 25,033 people. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. 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. The fourth wealthiest town in Connecticut is Old Greenwich. Its a small town of 10,354. Almost 6,300 communities met the criteria, which includes approximately 75% of total households in the U.S.". With a median household income just shy of a quarter-million a year, Darian is an exclusive place to live. This site uses Akismet to reduce spam. 96% of the residents are homeowners with a median home value of $868,200. Read on to discover the 14 richest towns in Connecticut in 2022. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Read More The 20 Safest Places To Live in TennesseeContinue, If you dont know what a HELOC is, dont feel stupid. Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. 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. 87% of the residents own their homes, and just 13% rent. The climate is better for persons with allergies, asthma, and other respiratory conditions. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. 78% of them have at least a bachelors degree. 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. Chris Kolmar has been in the real estate business for almost ten years now. The schools are among the best in the state, making them the ideal place to raise a family. We analyzed 21 places in Connecticut to determine where the 1% live. With 733 . Want to learn more about Old Greenwich? Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. The town center village is listed as a historic district on the National Register of Historic Places. Darien has a population of 21,499. 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. She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. 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. The 2010 Census revealed a growth from 6.751 residents to 7,150, showing that the town is gaining its population base. Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. The city has grown over the past decade, increasing from 8,223 residents to 9,110. The town has its own train station and airport called Sikorsky Memorial Airport that allows residents to travel easily to Manhattan by train or plane. If you plan to rent in the city, plan on paying double the national average as apartments and homes go for $2,469 per month. Weston, CT Annual household income: 222,535, 3. Related: The 10 Wealthiest Neighborhoods in San Francisco. Jobs are plentiful in the area, with the working Population gainfully employed except for just 3.5%. Avons diversity rate is better than most of its neighboring communities. If youre planning a move to Tennessee, then youll be happy to know that there are some areas that are among the most beautiful in scenery as the landscape changes from one season to another. Related: The 10 Wealthiest Cities In Missouri. The unemployment rate is lower than the state rate of 4.1% and the national rate of 3.9%. School test performance scores are above average, and 9.2% of students are eligible for free or reduced lunches at school. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. The town is partly in Hartford County, with some areas in Middlesex County. The remaining six wealthy Connecticut communities, all in Greenwich, in order are. However, the average house prices range from $1,5 million to $3 million. The state is home to 91 of the US 100 most affluent zip codes. South Glastonbury is a small town with a growing population ranging from 4848 to 5651. Learn how your comment data is processed.