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.
For Norwalk the mean adjusted income per household was $115,769 according to the 2017 American Community Survey, which has it ranked 33 out of the 120 towns. The number of households in Norwalk as per the survey is 33,385.
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.
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.