by Kristen Carney
Updated: December 17, 2024
The richest city in Connecticut is Darien with an average household income of $455,045 as of 2023 and 22,020 people as of 2023 according to the most current Census data available (citation).
Rank | City | County | Population | Average Income | Median Income |
---|---|---|---|---|---|
1 | Darien | Western Connecticut | 22,020 | $455,045 | $250,001 |
2 | New Canaan | Western Connecticut | 20,862 | $402,253 | $250,001 |
3 | Westport | Western Connecticut | 27,470 | $376,394 | $250,001 |
4 | Greenwich | Western Connecticut | 63,574 | $357,112 | $198,458 |
5 | Weston | Western Connecticut | 10,344 | $354,274 | $250,001 |
6 | Wilton | Western Connecticut | 18,400 | $318,848 | $227,165 |
7 | Redding | Western Connecticut | 8,719 | $248,500 | $176,719 |
8 | Woodbridge | South Central Connecticut | 9,021 | $248,252 | $201,926 |
9 | Ridgefield | Western Connecticut | 24,931 | $243,205 | $168,810 |
10 | Easton | Greater Bridgeport | 7,636 | $239,603 | $189,505 |
11 | Fairfield | Greater Bridgeport | 63,433 | $238,125 | $168,391 |
12 | Bridgewater | Western Connecticut | 1,646 | $231,279 | $156,682 |
13 | Lyme | Lower Connecticut River Valley | 2,409 | $228,519 | $139,000 |
14 | Goshen | Northwest Hills | 3,232 | $228,299 | $161,354 |
15 | Sherman | Western Connecticut | 3,530 | $221,125 | $107,375 |
16 | Avon | Capitol | 18,883 | $216,672 | $151,481 |
17 | Bethany | South Central Connecticut | 5,271 | $215,110 | $153,879 |
18 | Madison | South Central Connecticut | 17,498 | $213,690 | $168,341 |
19 | Warren | Northwest Hills | 1,367 | $212,189 | $119,167 |
20 | Simsbury | Capitol | 24,953 | $202,650 | $153,715 |
We usually suggest using median income data – either instead of or in addition to – average income data as a true indicator of wealth. If you haven’t thought about median versus average since your last standardized test, you aren’t alone. Here’s what they are:
Now let’s say you had the following simplified set of income data.
Household 1: $30,000
Household 2: $50,000
Household 3: $1,000,000
The average income for this set is $360,000. The outlier data point ($1,000,000) skews the average WAY up. Conversely, the average income would be skewed WAY down if someone had an income of $500. The median income for the same data set is $50,000. Outlier data doesn’t skew the median.
So most business owners should use the median income as a true indicator of wealth, because it provides a more accurate representation of a typical income, especially in areas with significant income disparity.
If your target market is high-income households, the average income may be more relevant. This is because the average income can highlight the presence of a higher concentration of wealthy individuals, which is beneficial for luxury goods and services marketing. We’re using average income on this page because using the Census’s highest reported median value of $250,001 could result in multiple ties for the richest geography.
The Census' American Community Survey uses $250,000+ as a jam value for median income estimates to protect privacy, ensure data consistency, and simplify reporting. A "jam value" in survey data refers to a placeholder or default value used when actual data points are unavailable, incomplete, or exceed certain thresholds. We represent this jam value as $250,001 to make it easy for you to sort.
Join thousands of subscribers and receive just 1 (ONE!) email a year in December when the US Census Bureau releases new income data for Connecticut richest cities.
United States Census Bureau. Annual Estimates of the Resident Population: April 1, 2020 to July 1, 2023. U.S. Census Bureau, Population Division. Web. May 2024. http://www.census.gov/.
United States Census Bureau. B01001 SEX BY AGE, 2023 American Community Survey 5-Year Estimates. U.S. Census Bureau, American Community Survey Office. Web. 12 December 2024. http://www.census.gov/.
United States Census Bureau. B19013 Median Household Income, 2023 American Community Survey 5-Year Estimates. U.S. Census Bureau, American Community Survey Office. Web. 12 December 2024. http://www.census.gov/.
United States Census Bureau. “DP03 SELECTED ECONOMIC CHARACTERISTICS.” 2023 American Community Survey 5-Year Estimates. U.S. Census Bureau, American Community Survey Office. Web. 12 December 2024. http://www.census.gov/.
© Copyright 2025 Cubit Planning, Inc.