Greenwich is a town in Fairfield County, Connecticut, United States. It is home to many hedge funds and other financial service companies that have left Manhattan. Of the $1.2 trillion invested in hedge funds worldwide, $120 billion (10 percent) is managed in Greenwich. The town is famous as one of the most affluent communities in the United States and often ranked as one of the most affluent in New England.

In July 2005, CNN/Money and Money magazine ranked Greenwich 12th on its list of the 100 Best Places to Live in the United States, although the town did not make it onto the list in 2006. Downtown Greenwich consists primarily of Greenwich Avenue, a one-way street with many restaurants, boutiques, and antique shops, all in extraordinarily expensive retail space (as of 2006: $150 to $200 per square foot).

As of the census² of 2000, there were 61,101 people, 23,230 households, and 16,237 families residing in the town. The population density was 493.2/km² (1,277.6/mi²). There were 24,511 housing units at an average density of 197.9/km² (512.5/mi²). The racial makeup of the town was 90.02% White, 1.66% African American, 0.09% Native American, 5.18% Asian, 0.03% Pacific Islander, 1.46% from other races, and 1.57% from two or more races. Hispanic or Latino residents of any race were 6.29% of the population.

There were 23,230 households out of which 33.5% had children under the age of 18 living with them, 59.4% were married couples living together, 8.0% had a female householder with no husband present, and 30.1% were non-families. 24.8% of all households were made up of individuals and 9.9% had someone living alone who was 65 years of age or older. The average household size was 2.60 and the average family size was 3.12.

In the town the population was spread out with 25.4% under the age of 18, 4.1% from 18 to 24, 28.8% from 25 to 44, 25.7% from 45 to 64, and 15.9% who were 65 years of age or older. The median age was 40 years. For every 100 females there were 90.1 males. For every 100 females age 18 and over, there were 85.2 males.

The median income for a household in the town is $99,086, and the median income for a family is $122,719. Males have a median income of $95,085 versus $47,806 for females. The per capita income for the town is $74,346. About 2.5% of families and 4.0% of the population were below the poverty line, including 4.1% of those under age 18 and 3.2% of those age 65 or over.

Both the Official AENGLC Wealth Value and the CPR AENGLC Wealth Value show Greenwich as having the highest wealth value in Connecticut at over $430,000 per person. However, the claim of “wealthiest town” is misleading. Three other nearby towns have higher per capita income and four have higher median household incomes than Greenwich. Per capita income is higher in New Canaan ($82,049), Darien ($77,519) and Weston ($74,817) than in Greenwich, with Westport ($73,664) almost on par according to the 2007 AENGLC.

Greenwich has long been associated with or has been home or birthplace to well-known people in various fields. Actor/director Ron Howard, Jack Nicholson, Gary "Baba Booey" Del'Abote and Adam Sandler also lives in town, as did George C. Scott, and Mel Gibson also has a home in town. Athletes including Steve Young, Frank Gifford, Allan Houston, and Bobby Bonilla live in town, and the late authors Truman Capote, Taylor Caldwell, Anya Seton and Howard Fast were residents.


Information courtesy of US Census Bureau and wikipedia.org