The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the

Connecticut panhandle The Connecticut panhandle is the southwestern appendage of Connecticut, where it abuts New York State. It is contained entirely in Fairfield County and includes all of Greenwich, Stamford, New Canaan, and Darien, as well as parts of Norwalk ...

, is an affluent part of Western Connecticut that includes the entire southern portion of

Fairfield County Fairfield County is the name of three counties in the United States: * Fairfield County, Connecticut * Fairfield County, Ohio Fairfield County is a county located in the U.S. state of Ohio. As of the 2020 census, the population was 158,921. ...

as defined by the

U.S. Census Bureau The United States Census Bureau (USCB), officially the Bureau of the Census, is a principal agency of the U.S. Federal Statistical System, responsible for producing data about the American people and economy. The Census Bureau is part of the ...

, Super-Public Use Microdata Area (Super-PUMA) Region 09600. The area is about 50 miles northeast of

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

, and is home to many wealthy Manhattan business executives. Parts of the region are served by the

Western Connecticut Council of Governments The Western Connecticut Planning Region is a planning region and county-equivalent in Connecticut. It is served by the coterminous Western Connecticut Council of Governments (WestCOG), one of nine regional councils of governments in Connecticut. ...

. This area is often portrayed in culture as a bastion of wealth. Since the mid-20th century, a number of novels and films have been set here, including ''

Gentleman's Agreement A gentlemen's agreement, or gentleman's agreement, is an informal and legally non-binding agreement between two or more parties. It is typically oral, but it may be written or simply understood as part of an unspoken agreement by convention or th ...

'', ''

The Man in the Gray Flannel Suit ''The Man in the Gray Flannel Suit'' is a 1956 American drama film based on the 1955 novel '' The Man in the Gray Flannel Suit'' by Sloan Wilson. The film focuses on Tom Rath, a young World War II veteran trying to balance his marriage and fami ...

'', ''

Mr. Blandings Builds His Dream House ''Mr. Blandings Builds His Dream House'' is a 1948 American comedy film directed by H. C. Potter and starring Cary Grant, Myrna Loy, and Melvyn Douglas. Written and produced by the team of Melvin Frank and Norman Panama, it was an adaptation ...

'', '' The Swimmer'', ''

The Stepford Wives ''The Stepford Wives'' is a 1972 satirical "feminist horror" novel by Ira Levin. The story concerns Joanna Eberhart, a talented photographer, wife and young mother who suspects that something in Stepford's environment is changing the wives fr ...

'', and ''

The Ice Storm ''The Ice Storm'' is a 1994 American novel by Rick Moody. The novel was widely acclaimed by readers and critics alike, described as a funny, acerbic, and moving hymn to a dazed and confused era of American life.Showtime Showtime or Show Time may refer to: Film * ''Showtime'' (film), a 2002 American action/comedy film * ''Showtime'' (video), a 1995 live concert video by Blur Television Networks and channels * Showtime Networks, a division of Paramount Global w ...

drama series '' Billions'' highlights the area's prominence as a haven for

hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as sho ...

s and other financial services firms.

Municipalities & Neighborhoods

The "Gold Coast" is most notable for the expensive waterfront properties located along its shore, as well as the proximity of its cities and towns to New York City. Historically,

Greenwich Greenwich ( , ,) is a town in south-east London, England, within the ceremonial county of Greater London. It is situated east-southeast of Charing Cross. Greenwich is notable for its maritime history and for giving its name to the Greenwich ...

has been the crown jewel of the state, owing primarily to its access to water and proximity to

Manhattan Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...

. As of 2018,

Riverside Riverside may refer to: Places Australia * Riverside, Tasmania, a suburb of Launceston, Tasmania Canada * Riverside (electoral district), in the Yukon * Riverside, Calgary, a neighbourhood in Alberta * Riverside, Manitoba, a former rural m ...

, a Greenwich neighborhood located immediately to the east of the town's center, has surpassed Greenwich proper to become the wealthiest town in the state, with an average income of $740,130, compared to Greenwich's $721,550. Much of this can be attributed to changing buyer tastes, favoring walkable neighborhoods with amenities and easy train access, all of which Riverside is known for. Much of Greenwich stretches far north of the coast and the New Haven commuter railroad line, and consists of old/retired wealthy individuals and families who do not frequently commute to Manhattan. After Riverside and Greenwich, the next four richest towns are Darien ($599,920),

New Canaan New Canaan () is a town in Fairfield County, Connecticut, United States. The population was 20,622 according to the 2020 census. About an hour from Manhattan by train, the town is considered part of Connecticut's Gold Coast. The town is bounde ...

($532,440),

Old Greenwich Old Greenwich is an affluent coastal village in Fairfield County, Connecticut, United States. As of the 2010 census it had a population of 6,611. The town of Greenwich is one political and taxing body, but consists of several distinct section ...

($530,250), and

Rowayton Rowayton is an affluent coastal village in the city of Norwalk, Connecticut, roughly from New York City. The community is governed by the Sixth Taxing District of Norwalk and has a number of active local associations, including the Civic Assoc ...

($422,210). All of these towns are located not too far east of Greenwich and Riverside, and (besides New Canaan) are located on the coast. Greenwich has the lowest mill rate, which may indicate higher property value, with Darien ranking second. In 2000, New Canaan had a higher percentage of resident homeowners (83%) than Greenwich (69%), which may indicate more wealth. According to some sources, New Canaan should be considered the wealthiest town along the ''Gold Coast'' because of its higher rate of home ownership, suggesting a higher level of personal assets. In July 2011, ''The Daily Fairfield'' reported that Darien was the state's richest town. An additional consideration is to measure wealth per person - not aggregate town wealth. Both the Adjusted Equalized Net Grand List per Capita (AENGLC) Wealth Value and the CPR AENGLC Wealth Value show that Greenwich has the highest wealth value in Connecticut, at more than $430,000 per person. The AENGLC is based on the value of residential and commercial real estate, and measures the town's tax base available to pay for public education (see Conn. Dep of Ed). It is not a measure of the personal wealth of individual residents.

References

{{authority control American upper class Regions of Connecticut Metropolitan areas of Connecticut New York metropolitan area