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New Canaan Ranks 19th in 'America's Richest Zip Codes'

The report, based on information provided by location-based data firm Gadberry Group, ranks New Canaan the 19th “richest zip code” in the U.S.

has been named one of “America’s Richest Zip Codes” by Businessweek.com.

The report, based on information provided by location-based data firm Gadberry Group, ranks New Canaan the 19th “richest Zip Code” in the U.S.

To create the ranking, Gadberry looked at all Zip Codes in the U.S. with more than 100 households and ranked them by the average income and net worth, according to the report.

Many of the towns included on the list are in New York, Washington, D.C., and Silicon Valley, according to the report. The carefully culled ranking focuses on towns where the wealthy have their primary residences and does not include affluent “second-home” markets, such as the Hamptons. It also leaves out wealthy neighborhoods in major cities, such as New York and San Francisco, “because they have a greater diversity of income earners,” the report states.

New Canaaan, with 7,002 households, has an average household income of $277,250 and an average household net worth of $1,387,830, according to the report.

“GE’s chief executive, Jeff Immelt, actress Katherine Heigl, and talk show host David Letterman are among New Canaan’s famous residents, according to newenglandtimes.com,” the report states. “The median home value in this wealthy Fairfield County town, which is about 45 miles from New York City, was $1,092,000 in September, according to Zillow.com. The predominant group is executives and professionals in their 40s and 50s with no children.”

Let the Demolition Proceed! December 13, 2011 at 05:37 PM
How can this be? We should meet at Irwin Park and park our Range Rovers in a circle and burn them. Yikes!
chris December 13, 2011 at 07:02 PM
Another Disappointing story......We did not move here to be 19th!!!!!
MPM December 13, 2011 at 08:11 PM
I thought we were recently listed at 8th? Do I smell a left wing consipiracy here? Or maybe enough of our hard earned income has been "redistributed" to the "entitled" and "disenfranchised"....
chris December 13, 2011 at 08:38 PM
If it makes any of you feel better ..................Darien was listed as 36th in country. I feel somewhat better.
Larry December 13, 2011 at 08:49 PM
Yeah...let's all go up to Waveny Park and burn our Deeds of Property Ownership!!
Tom December 14, 2011 at 12:44 AM
40 and 50 yr olds with no children?!? Nice job. I know of no one who fits that criteria in town.
NCrez December 14, 2011 at 02:11 PM
And didn't Letterman move away 20 years ago? And I doubt Ms. Heigl has her own home here.
Larry December 14, 2011 at 02:36 PM
Oh no! We''re losing in celebrities too?
Let the Demolition Proceed! December 14, 2011 at 07:30 PM
Losing Glenn Beck really drove us down. But hey, look on the bright side, we may get Newt. There goes the neighborhood!
Joe Machete December 14, 2011 at 09:13 PM
Do these rankings really matter?

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