Living in Old Greenwich, Connecticut
Cost of living, income, home prices, rent and demographics of Old Greenwich · Census data 2020–2024
Old Greenwich has 6,936 residents with a median age of 40.5. The median household income is $250,001 (161% higher than the Connecticut median), the median home value is $1,844,700, the median rent is $3,501/month.
Old Greenwich at a glance
- Population
- 6,936
- Median age
- 40.5State: 41.1
- Median household income
- $250,001State: $95,781
- Median home value
- $1,844,700State: $366,900
- Median rent
- $3,501/moState: $1,488
- Homeowners
- 86.3%
- Bachelor's degree or higher
- 85.4%
- Average commute
- 35 min
Is Old Greenwich a good place to live?
Pros: Median household income 161% higher than the Connecticut median; unemployment of 4.6%; a poverty rate of 3.6%.
Cons: Home values 403% higher than the state median; an average commute of 35 minutes.
The weather is best in May–June and August–September.
Cost of living in Old Greenwich
Housing is the biggest part of the cost of living. In Old Greenwich the median home value is $1,844,700, 454% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 29.9% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Old Greenwich median household income
The median household income in Old Greenwich is $250,001 and the income per person is $143,881. 3.6% of residents live below the poverty line (Connecticut: 10%).
Housing in Old Greenwich: homes for sale and rent
- Housing units
- 2,542
- Owner-occupied
- 86.3%
- Renter-occupied
- 13.7%
- Vacant
- 6.2%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.90
Old Greenwich demographics
- Population
- 6,936
- Median age
- 40.5
- Under 18
- 32.8%
- 65 and older
- 14.5%
- Households
- 2,385
- Foreign-born
- 19.2%
- Veterans
- 2.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Old Greenwich ›
Education in Old Greenwich
85.4% of adults 25 and older in Old Greenwich have a bachelor's degree or higher (Connecticut: 42.5%), and 39.5% have a graduate or professional degree.
Jobs and commute in Old Greenwich
- Unemployment rate
- 4.6%State: 5.6%
- Average commute
- 35 minState: 27 min
- Work from home
- 36.3%
- Drive alone
- 38.2%
- Public transit
- 16.9%
- Walk to work
- 1.8%
- Homes with broadband
- 97.4%
Old Greenwich vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Old Greenwich | 6,936 | $250,001 | $1,844,700 | $3,501 |
| Riverside | 8,954 | $250,001 | $1,900,300 | $3,501 |
| Indian Field | 716 | $250,001 | $2,000,001 | — |
| Cos Cob | 7,546 | $190,481 | $1,210,400 | $3,067 |
| Greenwich | 63,856 | $206,130 | $1,695,700 | $2,674 |
| Stamford | 137,144 | $111,586 | $624,400 | $2,276 |
| Rock Ridge | 482 | $226,838 | $2,000,001 | $3,501 |
| Pemberwick | 3,665 | $132,326 | $940,200 | — |
| Byram | 4,633 | $99,734 | $838,400 | $2,413 |
More for people moving to Old Greenwich
Old Greenwich ZIP code ›Weather and climate ›Living in Old Greenwich: FAQ
What is the median household income in Old Greenwich, CT?
The median household income in Old Greenwich is $250,001, 161% 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 Old Greenwich?
The median home value in Old Greenwich is $1,844,700, compared with $366,900 in Connecticut.
How much is rent in Old Greenwich?
The median gross rent in Old Greenwich is $3,501 per month, about 29.9% of household income.
Is Old Greenwich, CT a good place to live?
Pluses: median household income 161% higher than the Connecticut median; unemployment of 4.6%; a poverty rate of 3.6%. Minuses: home values 403% higher than the state median; an average commute of 35 minutes.
What is the median age in Old Greenwich?
The median age in Old Greenwich is 40.5 years (Connecticut: 41.1).
How long is the commute in Old Greenwich?
The average commute to work in Old Greenwich is 35 minutes; 36.3% of workers work from home.
What is the unemployment rate in Old Greenwich?
The unemployment rate in Old Greenwich is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Old Greenwich?
85.4% of adults in Old 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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