Is Old Greenwich, Connecticut a Good Place To Live? - Living In Old Greenwich, CT

Is Old Greenwich, Connecticut a good place to live?
Old Greenwich is a city in Connecticut state in USA with a population of 6980 residents.. The poverty rate of Old Greenwich is 2.4%, which is 83% lower than national average. The typical household in Old Greenwich earns $238750 a year, compared to the national median of $67,500. Nearly 6.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Old Greenwich, only 99% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Old Greenwich remained 4.1%, which is 13% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Old Greenwich, only 84% of adults have a bachelor's degree and 8% have some college but no degree.

Cost of living in Old Greenwich is 269, which is 169% higher than national average. Median home value in Old Greenwich is $1615300 , which is 603% higher than national average. While median income in Old Greenwich remained $238750, which is 254% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
6980
Unemployment
4.1%
13% NAT AVG.
Poverty
2.4%
83% NAT AVG.
Overall Score
7
Median Home Cost
$1615300
603% NAT AVG.
Median Income
$238750
254% NAT AVG.
Median Rent
$2089
80% NAT AVG.
Cost Of Living
269
169% NAT AVG.
People Living BPL
1 in 42
Unemployed People
1 in 24
People Earning < $10,000
1 in 34
People Earning < $50,000
6.4%
People with <= High School
1 in 12.5
People With Any Degree
1 in 1.1
Pros & Cons Overview

Jobs85%

Housing100%

Affordability80%

Safety85%

Amenities85%

Diversity80%

Education100%

Commute30%