Is Fairfield, CT a good area?
Overall Niche Grade Fairfield is in Fairfield County and is one of the best places to live in Connecticut. Living in Fairfield offers residents a sparse suburban feel and most residents own their homes. What Town in Connecticut Has the Lowest Crime Rate? The hills and lakes of Ridgefield are the safest, the town has 0. Its effective law enforcement and community centered approach makes it a safe place to live.Fairfield CT is ranked as the 10th safest city to live in Connecticut. The Fairfield CT crime rate is lower than national averages making it one of the safest towns in CT. The violent crime rate is approximately 0.Several zip codes in Fairfield Country are amongst the wealthiest in the United States. Other wealthy areas above the state average include the suburbs surrounding Hartford and New Haven, many of the towns along coastal Connecticut, and areas of Litchfield County.The Cost of Living in Fairfield, CT The Economic Research Institute reports that Fairfield’s cost of living is about 41% higher than the national average, earning it the nickname ‘Gold Coast of Connecticut. This higher cost is primarily driven by three factors: housing, utilities, and state taxes.
Why is Fairfield so expensive?
One of the primary factors contributing to this elevated cost is housing. Homes in Fairfield come at a premium, with housing costs 221% above the national average. While this might be a tad intimidating, many residents will attest that Fairfield’s unique charm, amenities, and quality of life justify the expense. If you are looking for an investment property, consider houses in Fairfield rent out for $650 PW with an annual rental yield of 2. PW with a rental yield of 5. Fairfield has seen an annual compound growth rate of 7.
Is Fairfield a rich suburb?
Analysis of household income levels in Fairfield City in 2021 compared to Greater Sydney shows that there was a smaller proportion of high income households (those earning $3,000 per week or more) and a higher proportion of low income households (those earning less than $800 per week). Median household income by town Note: Towns with median household incomes higher than $250K are listed as $250K+. Darien, New Canaan, Weston and Westport are four of the richest towns in the state, with median household income of more that $250,000.The Western Planning Region, which includes Fairfield County and most of the state’s wealthiest towns, has a median household income of more than $120,000.Connecticut’s overall median household income is nearly $94,000, and certain parts of the state draw more extreme wealth than others. The Western Planning Region, which includes Fairfield County and most of the state’s wealthiest towns, has a median household income of more than $120,000.
What is the richest town in Fairfield, CT?
Bloomberg released its annual list of the 100 wealthiest towns in the U. S. Fairfield County, CT boasts five locations–four of them landing in the top 50. Darien is the top town, but Greenwich is represented twice in the top 50 with the Old Greenwich and Riverside being considered two separate towns. West Hartford. Located just a short drive from Hartford, West Hartford consistently ranks as one of Connecticut’s top places to live. This suburb combines a lively urban atmosphere with the warmth of a close-knit community.Here is the list of the top best places to live in Connecticut: West Hartford. Glastonbury Center. Westport.Fairfield is in Fairfield County and is one of the best places to live in Connecticut. Living in Fairfield offers residents a sparse suburban feel and most residents own their homes. Many young professionals live in Fairfield and residents tend to be liberal. The public schools in Fairfield are highly rated.What is the best suburb in Connecticut? There are many excellent suburbs in Connecticut. Some of the most well-known are Westport, Simsbury, Darien, and Avon. These suburbs offer a community atmosphere, friendly vibe, and great amenities.