Greenwich, nestled in southwestern Fairfield County, is one of Connecticut’s most prestigious communities. This charming town along the state’s affluent Gold Coast combines coastal beauty with urban sophistication. As of 2024, Greenwich has a population of approximately 63,531 residents, showing a slight increase of 0.3% since the 2020 census when it recorded 63,344 people.
The demographic makeup of Greenwich reflects its status as a financial powerhouse. With an average household income of $357,112 and a low poverty rate of 5.37%, Greenwich attracts professionals from various industries. Many residents work in the numerous hedge funds and financial services firms that have established themselves in this residential setting due to its proximity to Manhattan.
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Despite its relatively modest size, Greenwich exerts considerable influence in Connecticut’s economic landscape. The town ranks in the upper quartile for population density and diversity when compared to other cities and towns in Connecticut. This blend of wealth, diversity, and natural beauty makes Greenwich a fascinating destination for visitors wanting to experience one of New England’s most exclusive communities.
Demographic Profile of Greenwich
Greenwich, Connecticut presents a diverse demographic landscape with high income levels, strong educational attainment, and a growing population. The town boasts distinctive economic and social characteristics that set it apart from many other communities in the region.
Population and Density
Greenwich, located in Fairfield County, has experienced modest but steady population growth in recent years. According to the 2020 Census, Greenwich has a population of 63,344. By 2024, this number had increased slightly to 63,531, showing a small growth trend of 0.3% since the census.
Between 2010 and 2020, Greenwich grew by 2,347 people, representing a 3.8% increase during that decade. This growth rate outpaced Connecticut’s statewide population, which remained nearly stagnant during the same period.
The town maintains a suburban character with sufficient space for its residents, though certain neighborhoods feature more concentrated population centers. Greenwich CDP (Census-Designated Place) forms a portion of the broader Greenwich area with its own distinct population characteristics.
Household and Income Statistics
Greenwich stands out for its exceptional wealth metrics, with an average household income of $357,112. The median household income, which better represents the typical Greenwich family, was $128,839 as of 2022, showing a 1.35% increase from the previous year.
Despite its affluence, Greenwich maintains a poverty rate of 5.37%, indicating that economic challenges affect a segment of the population. This diversity in economic circumstances demonstrates the range of experiences within the community.
Households in Greenwich vary in composition, with both owner-occupied and renter-occupied dwellings throughout the town. Housing units tend to command premium prices, reflecting the desirability of Greenwich as a residential location.
The combination of high incomes and valuable real estate contributes to Greenwich’s reputation as one of Connecticut’s most affluent communities.
Age, Gender, and Education
The median age in Greenwich was 44.4 years in 2022, indicating a population that skews somewhat older than the national average. This suggests a community with many established professionals and families.
Greenwich residents demonstrate impressive educational attainment levels. A significant portion of adult residents hold bachelor’s degrees, with many continuing to graduate-level education. This educational profile supports the professional workforce that characterizes the town.
The population includes various age groups, from young families to retirees, creating a multi-generational community. Gender distribution remains relatively balanced throughout the different age brackets.
Educational resources in Greenwich are abundant, supporting the community’s emphasis on academic achievement. Strong schools and educational opportunities attract families seeking quality education for their children.
Ethnicity and Cultural Fabric
Greenwich presents a diverse, though predominantly white, population. The town’s cultural makeup includes various racial and ethnic groups that contribute to its social fabric. European heritage is prominent, but Asian, Hispanic, and other cultural influences are increasingly visible.
The town features diverse places of birth among its residents, with both native-born Americans and immigrants contributing to the community. Non-citizens comprise a portion of Greenwich’s population, adding international perspectives to the town’s character.
Various languages are spoken in Greenwich homes, reflecting the multicultural influences present in the community. English remains the primary language, but households maintaining other cultural traditions enrich the town’s diversity.
Marital status varies across the population, with family households forming a substantial segment of Greenwich’s residential makeup. The community values both traditional family structures and the diverse household arrangements of modern American life.
Economic Landscape and Housing Market
Greenwich boasts a robust economic profile with high household incomes and a premium housing market that reflects its status as one of Connecticut’s most affluent communities.
Employment and Economy
Greenwich serves as a significant economic hub within Fairfield County, with a particularly strong presence in the financial sector. The town’s median household income stands at an impressive $128,839, which grew 1.35% between 2021 and 2022.
Many residents work in high-paying industries such as finance, insurance, and real estate. The proximity to New York City makes Greenwich an attractive location for executives and professionals who commute to Manhattan.
The local economy remains resilient, with a diverse base of businesses ranging from boutique shops and upscale restaurants to corporate headquarters. The town’s commercial areas maintain high occupancy rates, reflecting strong economic vitality despite broader economic fluctuations.
Residential Areas and Housing Insights
Greenwich’s housing market stands among the most prestigious in Connecticut. The town contains approximately 6,498 housing units, with the median construction year being 1956, giving the area its characteristic blend of historic charm and modern luxury.
Homeownership is prevalent, with 66% of the 22,271 households being owner-occupied. This high rate of ownership contributes to neighborhood stability and community investment.
Various prestigious neighborhoods feature distinctive architectural styles, from waterfront estates to charming historic districts. However, affordability remains a challenge for many, with 34% of Greenwich households classified as cost-burdened, meaning they spend over 30% of their income on housing.
The rental market caters to a diverse population, from young professionals to empty-nesters seeking maintenance-free living in one of Connecticut’s most desirable ZIP codes.
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Fairfield County
Hartford County
Litchfield County
Middlesex County
New Haven County
New London County
Tolland County
