Connecticut has a large number of wealthy towns and cities with high incomes among its residents, but this does not mean that every resident of Connecticut lives in a wealthy area.
There are many factors that go into determining how rich or poor an area in Connecticut is, and the typical residents’ income can vary greatly from one place to another.
The state’s median household income is $79,043, which means that half of all households in the state earn above this amount and half earn below it.
Top 10 Wealthiest Cities in Connecticut
What makes some cities more prosperous than others? A handful of factors, from the number of businesses in an area to its median income, have an impact on whether residents are thriving or struggling financially.
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 America’s richest cities.
The result? A comprehensive list of Connecticut’s top 10 richest cities, ranked according to median income and other key indicators of wealth.
Here we’ll take a look at 10 of the richest cities in Connecticut as of 2022 so you can get an idea of what makes them thrive and how you can take advantage of them.
1. Darian – Median Income of $243,750
Darian is one of the richest towns in Connecticut with a median household income of nearly $243,750. The town’s population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses.
The town has the highest percentage of residents who are wealthy, at about 30 percent. It’s also home to some of the most expensive homes in the state.
Darian’s median home value sits at around $1.7M — that’s more than double the national average. The town has a high concentration of people from New York City who commute to work here by train or car.
The town is also home to many hedge fund managers, bankers, and lawyers. Darian is on Long Island Sound and offers waterfront property for sale and for rent.
There are also several golf courses in town that draw a lot of people from around the world.
Related: The 10 Wealthiest Cities In New York
2. Old Greenwich – Median Income of $238,750
Old Greenwich is one of the richest Neighborhoods in Connecticut with a median household income of $238,750. Old Greenwich enjoys a low crime rate and excellent public schools.
Old Greenwich is a perfect place to live if you’re looking for an upscale quiet community with excellent schools, but it’s not exactly pedestrian friendly when it comes to getting around town!
If you want to drive your car everywhere, then this may not be the right fit for you; however, if you enjoy walking or biking, Old Greenwich has plenty to offer.
The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike.
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.
3. Westport – Median Income of $222,375
Westport is one of the richest towns in Connecticut with a median household income of $222,375. It’s also one of the most expensive places to live in the country, with a median home price of over $1.5 million.
It’s also very well educated, with over half of its residents having a college degree. The town has a thriving arts community and many of its residents are involved in local government or volunteer activities.
Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. However, it’s also popular among locals — so much so that there are rumors that it might become a commuter town for New York City residents.
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.
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.
4. Weston – Median Income of $207,863
Weston is one of the richest towns in Connecticut with a median household income of $207,863. It is also one of the most diverse towns in the state, with over 50% of its residents being foreign-born.
Weston has been named one of the best places to live by Money Magazine, and it has consistently been ranked as one of the safest towns in Connecticut.
The town has a population of about 10,278 (2020) people and has a median age of 42 years old. It is also one of the most expensive places to live in the country, with a median home value of $1,051,014.
5. Wilton – Median Income of $204,473
The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%.
The crime rate in this town is also very low with only 5% of residents reporting that they had been victims of crime during the last year.
There are many things that families love about living in Wilton including its great school system, safe neighborhoods, and access to shopping centers.
It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. Wilton is also known as the “village” because of its quaint feel with many historic homes and buildings.
6. New Canaan – Median Income of $200,203
New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. It’s safe, with a low crime rate. The schools are excellent and the town is beautiful, with tree-lined streets and old-fashioned townhouses.
It’s quiet, with a population density of just over 2,000 people per square mile — about half that of New York City.
New Canaan is expensive, even by Connecticut standards: The median home value is $1.9M, compared to $350,897 for the state overall.
New Canaan has a small-town feel with big-city amenities. It’s got a population of just over 20,249 (2020) people, but it feels much smaller than that.
The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. The town also boasts one of the best school systems in all of Connecticut!
Related: The 10 Wealthiest Cities In Missouri
7. Southport – Median Income of $187,917
Southport is an affluent town in Connecticut. As of the 2020 census, the population was 1,710. The town center village is listed as a historic district on the National Register of Historic Places.
The village also includes a historic mill complex and dam. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches.
Southport has a long history as a summer resort and residential community. Its harbor and beaches are popular among boaters, who are drawn by the calm waters of Long Island Sound and easy access to New York City via ferry or bridge.
Southport’s location near New York City also makes it attractive for commuters working there.
8. Easton – Median Income of $166,875
It has a great location, close to major highways and a short drive from New York City. Easton has a thriving downtown area with many restaurants, shops, and entertainment options.
There are also many beautiful parks and green spaces throughout town. Easton has excellent schools – both public and private schools are available.
The median home value in Easton is over $772,758 – making it one of the most expensive places to live in Connecticut. Easton is a great place to raise a family because it has a good school system.
The Easton School District offers many different programs including art, music, and sports. The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways.
9. Fairfield – Median Income of $140,308
Fairfield is one of the richest towns and among the best places to live in Connecticut. It’s a great place for families and young professionals to live.
There are many things to do including going to the beach and shopping at the local malls. Fairfield is also very safe and has low crime rates.
The town is home to many Fortune 500 companies such as General Electric and Terex Corporation.
It’s 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.
Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes.
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!
10. Ridgefield – Median Income of $133,647
Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647.
With its quaint downtown, beautiful homes, and friendly people, it’s no wonder that Ridgefield was named one of the top 100 small towns in America by Money magazine!
Ridgefield offers something for everyone – from great schools to recreation for the whole family. The town has over 120 acres of open space and over 1,000 acres of parkland.
Ridgefield is also home to several conservation areas and preserves that provide a haven for wildlife such as deer, foxes, wild turkeys, and hawks.