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. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. 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. Southport isnt the kind of city where keeping up with the neighbors comes cheaply. If you love the outdoors, check out the beautiful. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. You catch that vibe when you visit New Canaan, but its not cheap to live there. There is a good reason that Norwalk was listed as one of the. Most Dangerous Neighborhoods in Washington DC. the average home value is $1,471,700. Related: The 10 Wealthiest Cities In California. All of this combines to make the local housing market expensive. Old Greenwich is one of the richest Neighborhoods in Connecticut with a median household income of $238,750. Flavian Johnny is the founder of Mostexpensively.com - a blog that serves as an invaluable resource for expatriates and travelers looking for something special and unique. Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Its an Upper-Middle-Class town with a median household income of just under $141K. The schools are among the best in the state, making them the ideal place to raise a family. Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. Its also home to the states only national historic site, Weir Farm. Redding, Connecticut, is a small city with a population of 9,110. Shelton places in the number two spot with a median income of $87,277. Its capital is Hartford, and its most populous city is Bridgeport. (Infographic), What are the Highest Paying Jobs in Connecticut? 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. List of Connecticut locations by per capita income - Wikipedia It has an average household income of $234,152 and 6,611 residents. Related: The 10 Wealthiest Neighborhoods in San Francisco. Connecticut is the wealthiest state in the United States of America in terms of per capita incomes and wealth. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. Here Are The 10 Richest Cities In Connecticut - OnlyInYourState The median home value is $766,900, making it more affordable than some other affluent communities. Related: The 10 Wealthiest Cities In North Carolina. Located in Fairfield County, Darien residents have it all- pristine beaches, private Country Clubs and Yacht clubs, a charming downtown, and an easy train ride to NYC. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. Westport is a very desirable place to live as it ranks highly for safety. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. Learn how your comment data is processed. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. There's 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. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes. Are you surprised by this list of the richest cities in Connecticut? He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. 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. With a population of 20,622 inhabitants, the average income per household is $145,244. The town is also known for having excellent public schools. 4.2% of public school students are eligible for free or reduced lunch, and test performance in the public schools for Redding is excellent. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. According to Area Vibes, the cost of living in Westport is 82% higher than the Connecticut average. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . Theres a reason this state is one of the richest in the country. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. The Population is 8,843 in this close-knit community. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. 87% of the residents own their homes, and just 13% rent. Its a small, affluent community where the average commute time for workers is 35.5 minutes, and test performance scores for public school students are excellent. Counties [ edit] Its less ideal, however, if your bills are already bigger than your income. Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. The median income in this city is $81,634. There are also several golf courses in town that draw a lot of people from around the world. Connecticut is home to some of the wealthiest people in America. The town is full of greenery and offers residents a tranquil vibe. Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. The bright side? Only 16 states were represented in the top 100. The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. In 2018, the average household income in its Old Greenwich. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. 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. The local school system is also amongst the best in the state. This site uses Akismet to reduce spam. If you can afford a mortgage, its the better way to go in Fairfield. Riverside is one of the wealthiest communities in Connecticut. 89.3% of the homes are occupied by their owners, with 10.7% as rentals. Stamford is a city in Fairfield County with a population of 14,499. 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. 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. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. 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. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. South Glastonbury, CT Annual household income: $135,596, 18. Its a small, charming seaside community in the Town of Greenwich with a population of 6,873. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. Newtown Borough is being credited as the richest town in the state of Connecticut. Its a city of high-earners who live the high life enjoying their private yacht and country clubs, with access to the citys pristine beaches. 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. It has a population of 27,141. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. Darien residents live a good work-life balance with an average commute time of 39 minutes. The 10 Richest Cities In Connecticut For 2023 - HomeSnacks The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury.
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