Greenwich, CT
Population 14,528 · Connecticut
About Greenwich, CT
Greenwich is a mid-sized city located in Connecticut with a population of 14,528 residents according to the latest US Census Bureau American Community Survey data. The median household income is $136,154 per year, which is 81% above the national median of $75,149. The median age of 44 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Greenwich features a median home value of $1,486,100, which is 507% above the national median of $244,900. This places Greenwich in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,121, 82% above the national average of $1,163/month. Of the 6,684 total housing units, 52% are owner-occupied (3,011 units) and 48% are renter-occupied (2,781 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Greenwich shows an unemployment rate of 8.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Greenwich have an average one-way commute time of 30.1 minutes.
Education & Demographics
70.2% of Greenwich residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.1% White, 1.3% Hispanic or Latino, 1.1% Black or African American, and 14.5% Asian residents, with 21.6% of the population being foreign-born.
How Greenwich Ranks in Connecticut
Cost of Living in Greenwich, CT
Compared to national averages, Greenwich has a median household income of $136,154 (81% above the national median of $75,149). Home values average $1,486,100, which is 507% above the national median. Monthly rent at $2,121 is 82% above the US average of $1,163. Within Connecticut, Greenwich's income is 11% above the state average of $123,065, and home values are 187% above the state median of $516,920.
Why Live in Greenwich, CT?
Greenwich offers a strong local economy with a median household income of $136,154, well above the national average, and a well-educated community where 70.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,486,100. However, Greenwich’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Greenwich has a population of 14,528 with a median age of 44 years. Compare Greenwich with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Greenwich
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Orange | 14,251 | $145,625 | $466,800 | Compare |
| Storrs | 13,502 | $33,125 | $304,600 | Compare |
| Windsor Locks | 12,555 | $90,417 | $236,800 | Compare |
| Derby | 12,359 | $76,263 | $242,300 | Compare |
| Bethel | 11,606 | $88,344 | $377,500 | Compare |
| Willimantic | 17,774 | $41,972 | $180,600 | Compare |
| Wallingford Center | 18,107 | $84,554 | $292,100 | Compare |
| Trumbull Center | 10,137 | $124,547 | $463,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Greenwich With Other Cities
Frequently Asked Questions about Greenwich
What is the population of Greenwich, CT?
The population of Greenwich, CT is 14,528 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Connecticut.
What is the median household income in Greenwich?
The median household income in Greenwich, CT is $136,154 per year, which is 81% above the national median of $75,149.
What is the median home value in Greenwich?
The median home value in Greenwich, CT is $1,486,100, which is 507% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Greenwich?
The median monthly rent in Greenwich, CT is $2,121, which is 82% above the national average of $1,163/month.
What is the unemployment rate in Greenwich?
The unemployment rate in Greenwich, CT is 8.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Greenwich, CT a good place to live?
Greenwich offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 14,528 and a median age of 44, the city appeals to a broad range of residents.
How educated is Greenwich, CT?
70.2% of residents in Greenwich aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Greenwich?
Key cost-of-living indicators for Greenwich, CT: median home value is $1,486,100 (507% above national), median rent is $2,121/month, and median household income is $136,154. The home-value-to-income ratio is 10.9x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Greenwich?
The poverty rate in Greenwich, CT is 8.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Greenwich, CT?
Greenwich's population is 0.1% White, 1.3% Hispanic or Latino, 1.1% Black or African American, 14.5% Asian, and 6.0% two or more races. 21.6% of residents are foreign-born.