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New Rankings Reveal This Fairfield County Locale Is Connecticut's Richest Municipality

Ever wonder what the richest part of Connecticut is?

Brand-new rankings list the wealthiest municipality in each state.

Brand-new rankings list the wealthiest municipality in each state.

Photo Credit: Unsplash/Daniel Barnes

Brand-new rankings listing the richest municipality in each state may come as a surprise.

Stacker said it used the most recent Census Bureau American Community Survey Five-Year Data (as of August 2024) to calculate its rankings.

"The 'richest town' can look quite different from state to state, with some being far wealthier than others," Stacker said.

"Locations are ranked by median household income, with ties broken by the percentage of people annually earning more than $200,000," according to Stacker. "Any places with a population smaller than 1,000 people were omitted. 

"Additionally, the Census Bureau's statistics do not show specific median incomes or earnings beyond $250,000, so those numbers are designated as $250,000+."

So now, drumroll please, Stacker says that the borough of Newtown, located in the central part of the town, is No. 1 in the Nutmeg State with a median household income: $144,375 (92.1 percent more than US median income).

A total of 32 percent of households earn over $200,000.

The percentage of the population with health insurance is 97.7 percent.

Families with income below the poverty level is 0.6 percent.

Click here to view the state-by-state Stacker rankings.

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