Business & Tech

You're Really Wealthy If You Live In One Of These 6 CT Communities, This Report Says

Bloomberg came out with its 2017 "100 richest-towns-in-America" list, and a half-dozen CT Communities made the cut. Are you surprised?

Bloomberg came out with its 2017 "richest-towns-in-America" list of 100 communities this week, and six Connecticut communities made the list.

All six are from Fairfield County, and four of those six communities are part of one town.

Bloomberg, a business news service founded by former New York City Mayor Michael Bloomberg, evaluated inflation-adjusted 2015 household income data for all U.S. towns with a minimum population of 2,000, and ranked them based on average household income. Nearly 6,200 met the criteria, but Bloomberg displayed the top 100.

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The cities and towns with ties to Wall Street and the Silicon Valley were the ones that boasted the highest U.S. household incomes in 2015, according to the Bloomberg analysis of census data.

Which for Connecticut means towns primarily in Fairfield County. Topping the list for the state, and no. 6 overall, is Old Greenwich, with an average household income of $341,401 in 2015. Second in the state, and no. 9 overall, was Darien, with an average household income of $313,277. Westport was third in the state, and no. 22 overall, with average household income at $270,222.

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The remaining six wealthy Connecticut communities, all in Greenwich, in order are Riverside ($239,751; #45 overall); Greenwich ($201,104; #85); and Cos Cob ($193,443; #98).

Interestingly, two Connecticut communities that were recently rated above Westport in a "wealthiest ZIP codes" list by Property Shark, New Canaan and Norwalk, did not make the Bloomberg ranking.

Bloomberg noted that Atherton, Calif., which is located in the Silicon Valley technology corridor between San Francisco and San Jose, topped the list as America’s wealthiest town. Second was Cherry Hills Village, Colo., followed by Scarsdale, NY. Rounding out the top five were Hillsborough, Calif., and Short Hills, NJ.

Speaking of Scarsdale, which is in Fairfield County-neighboring Westchester County, more than one-third of the nation’s 100 richest households were located within 50 miles of New York City.

"The industries that are located in the so-called fly-over states don’t pay nearly the same as those on the coasts," Richard Yamarone, an economist at Bloomberg Intelligence, told authors Vincent del Giudice and Wei Lu. "Earnings for farmers, ranchers and manufacturers simply pale in comparison to the larger salary and bonus-laden occupations."

To view the entire "America's 100 Richest Places" report from Bloomberg, click here.

Photo: 198 Shore Road, Old Greenwich. Photo credit: realtor.com

— Patch Editors and contributed to this report.

(Editor's Note: Patch is re-posting this story in case you missed it the first time around.)

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