The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. The Census ranks individual city wealth by a formula that averages the household incomes, including the adjusted gross income and the average household income. When you click through real estate links on our site, we earn an affiliate commission. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. 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. The majority are white-collar workers, just 4.96% in the blue-collar classification. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey: Median household income is the most digestible way to understand how rich a place really is. America's wealthiest people are starting to move into smaller cities, a new wealth report says. Download The Entire Connecticut Ranking Data. The median household income is $99,791, and the average home price is $672,000. Connecticut - Forbes Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. Visit Bloomberg for the full report. 4 CT towns make list of 100 richest towns in America It's also very well educated, with over half of its residents having a college degree. The median household income at Cos Cob is $138,125. Certainly enough time to go to the beach after work for a picnic dinner by the water! The information presented in this article are based on data from theUS Census American Community SurveyandRedfin. Suburbs 101is an insiders guide to suburban living. Some haulers caught, Arming guidance counselors? Connecticut is one of the wealthiest states in the US. However, the average house prices range from $1,5 million to $3 million. HomeSnacks is reader-supported. The rankings are based on income and home value. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. The community is close-knit and safe, and while its not exactly the most buzzing of places, its calm serenity and lovely scenery are attractions in their own right. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. Here are the wealthiest towns in Connecticut. The financial news and opinion site 24/7 Wall St . Youll find a community of 1,300 Wall Street execs and affiliates living in Old Greenwich, Connecticut. On the plus side, the median income of $190,227 is equally jaw-dropping.

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