The Real Deal New York

Fairfield still has Connecticut’s highest median household income

January 31, 2019 12:06PM

While its home sales market is going through a transition, Fairfield County is still riding high when it comes to one key metric. Nine of the 10 municipalities in Connecticut with the highest median household income in 2017 were in Fairfield, according to the Fairfield County Business Journal reported, citing U.S. Census Bureau data. Weston and Darien took the top two spots, respectively, while Westport came in third, the outlet reported. The only Connecticut municipality outside Fairfield on the top 10 list was Woodbridge in New Haven County. “Historically the wealth has been concentrated in Fairfield County,” Joseph McGee, vice president of public policy and programs at the Business Council of Fairfield County, told the outlet. “That’s been true for a long time, and it should continue.” Average household income in Fairfield stood at $89,773, while the average household income for the entire state of Connecticut was $73,781, according to the FBJ. Perhaps not surprisingly, a study released earlier this month by HomeArea.com found that the most affordable homes in Connecticut were outside Fairfield, with Bridgeport being the only in-county municipality to make the list. [FBJ]