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Apartments For Rent in Greenwich, CT

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Apartments for Rent in Greenwich, CT

The town of Greenwich, Connecticut is home to just under 14,000 people. Retirees are a common sight, as they account for 18% of the population compared to 14% nationally, while young adults account for a smaller percentage of the city. In terms of housing, residents are fairly evenly split between renting (52%) and owning (48%) their home despite paying roughly $385/month more in rent than the state average.

Averaging about 33 minutes, the commute time for Greenwich residents is slower than the Connecticut average of about 27 minutes. Driving a vehicle is the most common means of commuting to work, opted for by 30% of residents, while public transportation is used by just 10% of the city. A small percentage of residents (4%) commute to work on foot, though the number is higher than the national average.

Compared to the national average (7%), Greenwich has a high concentration of residents over the age of 25 with advanced degrees, as 16% possess a Master's or a Doctorate. Further, 22% have earned a Bachelor's degree, which also outpaces the national average. There are three primary industries in Greenwich: finance, retail, and education. Together, these industries make up 21% of the city's workforce. Meanwhile, looking at job function, many of the city's workers are in management, which ranks as the top profession in the city. With an average annual income of nearly $113,000, Greenwich workers earn about $33,000 more than their peers elsewhere in Connecticut. The city's average income also compares favorably to the national average ($73,345).