HEADLINES

Four CT Towns Make Bloomberg’s Top 50 Wealthiest List

Bloomberg released its list of wealthiest towns in the US based on household income.  Connecticut made a strong showing, along with New Jersey, New York, Connecticut, and California.

Town

Mean

Households

Darien

$341,090

6,703

Old Greenwich

$336,692

2,190

Westport

$304,439

9,820

Riverside

$290,904

2,741

Southport

$287,175

773

Greenwich

$210,840

5,624

Sharon

$194,186

229

Ridgefield

$188,413

3,072

West Simsbury

$183,099

830

Newtown

$156,763

691

The Bloomberg Richest Places List includes has four CT communities: Darien, Old Greenwich, Westport, and Riverside. Darien Connecticut is the only town in the top ten with an average household income of $341,090.

According to Bloomberg, the Silicon Valley town that billionaires Eric Schmidt of Google and Facebook’s Sheryl Sandberg have called home is America’s richest community for the third year in a row.  The town Atherton, California, whose household income averaged $450,696 in 2017, topped the Bloomberg Richest Places annual index.

More than half the top 100 richest places in America were either in the New York City area or California. A handful of Midwest and Southwest areas made the top 20.

For the 2019 Bloomberg Richest Places full data set, click here.

Wealth is concentrated in six counties: Westchester in New York, Bergen in New Jersey, Fairfield in Connecticut, Cook County of Chicago, Los Angeles County, and Montgomery County, Maryland.

Methodology

Bloomberg evaluated inflation-adjusted household data for all U.S. places, as defined by the Census, with a minimum of 2,000 households and ranked them based on average household income. Nearly 6,250 met the criteria.

Average household income excluded households without any type of income.

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