Community Corner

This Connecticut Suburb Among 50 Wealthiest In America

See which Connecticut town made GOBankingRates' list of America's 50 wealthiest suburbs.

GREENWICH, CT — One Connecticut suburb has made the list of America's 50th Wealthiest Suburbs from GOBankingRates, a personal finance website.

Greenwich, located a little over 30 miles from New York City, came in at 39th, according to the recently released list:

  • Average household income in Greenwich: $276,350
  • Typical home value: $2,345,511

Greenwich, of course, also features many sprawling estates from the backcountry to the shores of the Long Island Sound.

Find out what's happening in Greenwichfor free with the latest updates from Patch.

The most expensive home currently on the market in Greenwich, according to Zillow, is located at 214 Clapboard Ridge Road for $55 million. A home at 545 Indian Field Road is fetching $44 million, and a nearby estate at 579 Indian Field Road is listed at $43 million.

Read more:

Find out what's happening in Greenwichfor free with the latest updates from Patch.

GOBankingRates compared the household income of cities with 5,000 or more households and isolated the 50 with the highest average household income. The typical 2024 home value was also considered.

Among key findings:

  • The wealthiest U.S. suburb is Scarsdale, New York, where the average household income is $568,942. The typical home value in Scarsdale is $1.4 million.
  • California dominated the ranking, with 16 suburbs in the top 50. The five most expensive California suburbs are Los Altos ($400,000), Orinda ($370,000), Palos Verdes Estates ($342,000), Saratoga ($329,000) and Menlo Park ($316,000).
  • The East Coast took the lead with 23 wealthy suburbs, including five in New York and five in New Jersey, making the top 50 ranking. In second place is the West Coast with 19 suburbs.

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.