Riverside, CT
Population 9,216 · Connecticut
About Riverside, CT
Riverside is a small town located in Connecticut with a population of 9,216 residents according to the latest US Census Bureau American Community Survey data. The median household income is $250,001 per year, which is 233% above the national median of $75,149. The median age of 39.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Riverside features a median home value of $1,824,700, which is 645% above the national median of $244,900. This places Riverside in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,419, 108% above the national average of $1,163/month. Of the 3,141 total housing units, 81% are owner-occupied (2,439 units) and 19% are renter-occupied (575 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Riverside shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 3.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Riverside have an average one-way commute time of 35.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
78.2% of Riverside 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 3.8% White, 1.8% Hispanic or Latino, 0.0% Black or African American, and 11.8% Asian residents, with 31.3% of the population being foreign-born.
How Riverside Ranks in Connecticut
Cost of Living in Riverside, CT
Compared to national averages, Riverside has a median household income of $250,001 (233% above the national median of $75,149). Home values average $1,824,700, which is 645% above the national median. Monthly rent at $2,419 is 108% above the US average of $1,163. Within Connecticut, Riverside's income is 103% above the state average of $123,065, and home values are 253% above the state median of $516,920.
Why Live in Riverside, CT?
Riverside offers a strong local economy with a median household income of $250,001, well above the national average, and a well-educated community where 78.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,824,700. However, Riverside’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Riverside has a population of 9,216 with a median age of 39.8 years. Compare Riverside with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Riverside
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oakville | 9,233 | $89,330 | $253,500 | Compare |
| Groton | 9,343 | $69,811 | $278,900 | Compare |
| Sandy Hook | 9,718 | $144,335 | $460,600 | Compare |
| Long Hill CDP (Greater Bridgeport County), Connecticut | 8,597 | $145,000 | $450,300 | Compare |
| Conning Towers-Nautilus Park | 8,590 | $78,738 | $260,500 | Compare |
| Kensington | 9,936 | $105,000 | $304,400 | Compare |
| Trumbull Center | 10,137 | $124,547 | $463,100 | Compare |
| Southwood Acres | 8,154 | $105,529 | $247,400 | 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 Riverside With Other Cities
Frequently Asked Questions about Riverside
What is the population of Riverside, CT?
The population of Riverside, CT is 9,216 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Connecticut.
What is the median household income in Riverside?
The median household income in Riverside, CT is $250,001 per year, which is 233% above the national median of $75,149.
What is the median home value in Riverside?
The median home value in Riverside, CT is $1,824,700, which is 645% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Riverside?
The median monthly rent in Riverside, CT is $2,419, which is 108% above the national average of $1,163/month.
What is the unemployment rate in Riverside?
The unemployment rate in Riverside, CT is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Riverside, CT a good place to live?
Riverside offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 9,216 and a median age of 39.8, the city appeals to a broad range of residents.
How educated is Riverside, CT?
78.2% of residents in Riverside 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 Riverside?
Key cost-of-living indicators for Riverside, CT: median home value is $1,824,700 (645% above national), median rent is $2,419/month, and median household income is $250,001. The home-value-to-income ratio is 7.3x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Riverside?
The poverty rate in Riverside, CT is 3.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Riverside, CT?
Riverside's population is 3.8% White, 1.8% Hispanic or Latino, 0.0% Black or African American, 11.8% Asian, and 3.5% two or more races. 31.3% of residents are foreign-born.