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To East Coasters, Greenwich is synonymous with luxury, and the town lives up to its reputation. It's home to four beaches, including the 147-acre Greenwich Point Beach, situated on a peninsula in the Long Island Sound. Though the vast cultural options of New York City are only an hour via train, many Greenwich residents work close to home in the plethora of hedge fund and financial firms based in the area. The price for this sweet lifestyle? High. Recently the median price of a home in Greenwich was almost $1.2 million. --D.M.
Notes:
*County data
Due to erroneous job, cost-of-living, and test score stats for a small number of places, this city's rank changed slightly from an earlier version.
Details.
Due to an error by our data provider, an earlier version listed incorrect stats for this city's number of colleges.
(I) Income tax notes:
For joint returns, taxes are twice the tax on half the couple’s income. Connecticut’s personal exemption incorporates a standard deduction. An additional tax credit is allowed ranging from 75% to 0% based on state adjusted gross income. Exemption amounts are phased out for higher income taxpayers until they are eliminated for households earning over $71,000.
Using statistics from data services company Onboard Informatics, we crunched the numbers in order to zero in on America's best small cities for families. (Last year, we looked at small towns, with populations between 8,500 and 50,000.)
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