Living in Greenwich, Connecticut
Cost of living, income, home prices, rent and demographics of Greenwich · Census data 2020–2024
Greenwich has 63,856 residents with a median age of 43. The median household income is $206,130 (115% higher than the Connecticut median), the median home value is $1,695,700, the median rent is $2,674/month.
Greenwich at a glance
- Population
- 63,856
- Median age
- 43State: 41.1
- Median household income
- $206,130State: $95,781
- Median home value
- $1,695,700State: $366,900
- Median rent
- $2,674/moState: $1,488
- Homeowners
- 70%
- Bachelor's degree or higher
- 72.5%
- Average commute
- 30 min
Is Greenwich a good place to live?
Pros: Median household income 115% higher than the Connecticut median; a poverty rate of 6.1%.
Cons: Home values 362% higher than the state median; an average commute of 30 minutes; unemployment of 6%.
The weather is best in June to September.
Cost of living in Greenwich
Housing is the biggest part of the cost of living. In Greenwich the median home value is $1,695,700, 410% higher than the U.S. median. Renters pay a median of $2,674 per month, which is 32.2% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Greenwich median household income
The median household income in Greenwich is $206,130 and the income per person is $137,685. 6.1% of residents live below the poverty line (Connecticut: 10%).
Housing in Greenwich: homes for sale and rent
- Housing units
- 25,613
- Owner-occupied
- 70%
- Renter-occupied
- 30%
- Vacant
- 9.8%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.74
Greenwich demographics
- Population
- 63,856
- Median age
- 43
- Under 18
- 25.7%
- 65 and older
- 18.7%
- Households
- 23,094
- Foreign-born
- 22.5%
- Veterans
- 2.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Greenwich ›
Education in Greenwich
72.5% of adults 25 and older in Greenwich have a bachelor's degree or higher (Connecticut: 42.5%), and 38.2% have a graduate or professional degree.
Jobs and commute in Greenwich
- Unemployment rate
- 6%State: 5.6%
- Average commute
- 30 minState: 27 min
- Work from home
- 27.9%
- Drive alone
- 50.3%
- Public transit
- 12.3%
- Walk to work
- 2.8%
- Homes with broadband
- 96.1%
Greenwich vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Greenwich | 63,856 | $206,130 | $1,695,700 | $2,674 |
| Rock Ridge | 482 | $226,838 | $2,000,001 | $3,501 |
| Glenville | 2,656 | $220,865 | $1,148,600 | $3,466 |
| Pemberwick | 3,665 | $132,326 | $940,200 | — |
| Cos Cob | 7,546 | $190,481 | $1,210,400 | $3,067 |
| Indian Field | 716 | $250,001 | $2,000,001 | — |
| Riverside | 8,954 | $250,001 | $1,900,300 | $3,501 |
| Rye Brook | 9,900 | $246,944 | $1,016,100 | $2,593 |
| Byram | 4,633 | $99,734 | $838,400 | $2,413 |
More for people moving to Greenwich
Greenwich ZIP code ›Weather and climate ›Living in Greenwich: FAQ
What is the median household income in Greenwich, CT?
The median household income in Greenwich is $206,130, 115% higher than the Connecticut median of $95,781 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Greenwich?
The median home value in Greenwich is $1,695,700, compared with $366,900 in Connecticut.
How much is rent in Greenwich?
The median gross rent in Greenwich is $2,674 per month, about 32.2% of household income.
Is Greenwich, CT a good place to live?
Pluses: median household income 115% higher than the Connecticut median; a poverty rate of 6.1%. Minuses: home values 362% higher than the state median; an average commute of 30 minutes; unemployment of 6%.
What is the median age in Greenwich?
The median age in Greenwich is 43 years (Connecticut: 41.1).
How long is the commute in Greenwich?
The average commute to work in Greenwich is 30 minutes; 27.9% of workers work from home.
What is the unemployment rate in Greenwich?
The unemployment rate in Greenwich is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Greenwich?
72.5% of adults in Greenwich have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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