Most Expensive Greenwich Neighborhoods
Greenwich is a larger medium-sized coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Connecticut. With a population of 62,610 people and 15 constituent neighborhoods, Greenwich is the tenth largest community in Connecticut.
Greenwich home prices are not only among the most expensive in Connecticut, but Greenwich real estate also consistently ranks among the most expensive in America.
Greenwich is a decidedly white-collar town, with fully 90.75% of the workforce employed in white-collar jobs, well above the national average. Overall, Greenwich is a town of managers, sales and office workers and professionals. There are especially a lot of people living in Greenwich who work in management occupations (19.01%), sales jobs (14.43%) and business and financial occupations (11.46%).
Of important note, Greenwich is also a town of artists. Greenwich has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Greenwich’s character.
Also of interest is that Greenwich has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Greenwich telecommute to their jobs. Overall, about 7.77% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Greenwich is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Greenwich is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Greenwich’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
Greenwich is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
Although the majority of commuting trips in the town are by private automobile, Greenwich is somewhat unusual for a town of its size for having a substantial number of people who use public transportation. For a lot of people, the train helps to get to and from their jobs every morning, which benefits everyone in the Greenwich area by reducing both traffic and air pollution.
If knowledge is power, Greenwich is a pretty powerful place. 66.40% of the adults in Greenwich have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Greenwich in 2010 was $94,200, which is wealthy relative to Connecticut and the nation. This equates to an annual income of $376,800 for a family of four.
Greenwich is a somewhat ethnically-diverse town. The people who call Greenwich home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Greenwich residents report their race to be White, followed by Asian. Greenwich also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.39% of the town’s residents. Important ancestries of people in Greenwich include Italian, Irish, English, German, Polish and Russian.
Foreign born people are also an important part of Greenwich's cultural character, accounting for 21.94% of the town’s population.
The most common language spoken in Greenwich is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||21,994|
|GREENWICH HOME OWNERSHIP|
|% OWNER OCCUPIED||68.25%|
|% RENTER OCCUPIED||31.75%|
|TYPE OF GREENWICH HOMES|
|SINGLE FAMILY DETACHED||64.36%|
|ROWHOUSES AND ATTACHED HOMES||6.86%|
|SMALL APARTMENT BUILDINGS||15.75%|
|COMPLEXES OR HIGH RISE APARTMENTS||12.81%|
|SIZE OF GREENWICH HOMES|
|5 OR MORE BEDROOMS||22.19%|
|AGE OF GREENWICH HOMES|
|NEWER HOMES (2000 OR LATER)||10.07%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||25.73%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||34.96%|
|HISTORIC (1939 OR BEFORE)||29.23%|
|GREENWICH REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$1,053,330|
|MEDIAN RENTAL PRICE||$2,282|
|HOME VALUE RANGE|
|$0 - $50,000||0.72%|
|$50,001 - $100,000||0.65%|
|$100,001 - $200,000||1.58%|
|$200,001 - $299,000||1.95%|
|$299,001 - $399,000||3.72%|
|$399,001 - $499,000||3.57%|
|$499,001 - $749,000||16.56%|
|$749,001 - $998,000||13.78%|
|PEOPLE OF GREENWICH||DETAILS|
|UNDER 5 YEARS||7.00%|
|5 TO 17||19.58%|
|18 TO 24||5.72%|
|25 TO 34||8.07%|
|35 TO 54||32.44%|
|55 TO 64||11.88%|
|65 YEARS AND OVER||15.32%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||95.51%|
|MEDIAN HOUSEHOLD INCOME||$135,258|
|PER CAPITA INCOME||$94,200|
|INDIVIDUALS BELOW POVERTY LEVEL||5.04%|
|INDUSTRIES PEOPLE WORK IN||Finance (21.08%)
Professional, scientific, and technical services (13.03%)
Real estate (3.24%)
Information Technology (2.60%)
|BLACK OR AFRICAN AMERICAN||1.97%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.15%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||2.45%|
|TWO OR MORE RACES||2.06%|
|HISPANIC OR LATINO (OF ANY RACE)||11.39%|
|ETHNICITIES PRESENT||Italian (17.42%)
|LANGUAGES SPOKEN||English (72.27%)
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