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 Westport the mean adjusted income per household was $304,439 according to the 2017 American Community Survey, which has it ranked 3 out of the 120 towns. The number of households in Westport as per the survey is 9,820.
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.