The Town of Greenwich is ranked as one of the best places to move in Connecticut and Connecticut is consistently considered as one of the best states to live in the country.Whether you are thinking about moving out of NYC in favor of the suburbs or relocating from somewhere else, Greenwich is definitely a prominent place to consider as one of the great places to live in Fairfield County and the Northeast.
Below, our team shares the top 7 reasons homebuyers mention when deciding to move to Greenwich, CT.
Despite being located in another state, Greenwich is much closer than you would think to New York City. Some express trains between Greenwich and Grand Central Station take as little as 40 minutes each way. Some commutes within New York City may take longer than that!
Greenwich’s large population of commuters is not a surprise, as the town benefits from a large number of train options as well as driving alternatives . There are actually 4 separate train stations in town (Greenwich, Cos Cob, Riverside, and Old Greenwich). In addition, the town is straddled by I-95 and the Merritt Parkway (Route 15) for additional ways to get into the city. Central Manhattan is a little more than 30 miles away by car.
If you thought moving to the suburbs would result in sacrificing your shopping choices, you’d be mistaken if you relocated to Greenwich. The main shopping center, referred to by locals as “the Avenue” or Greenwich Avenue, has pretty much everything you would expect from a major metropolitan area.
Some of Greenwich’s favorite spots are Lululemon, J Crew, Restoration Hardware, Saks Fifth Avenue, Hermes, Zara, Vineyard Vines, Intermix, Tiffany & Co., Theory, Orvis, Tumi, and Baccarat (just to name a few). Meanwhile, should one need more, you are in close proximity to both the Westchester and Stamford shopping malls.
Home to some of the best restaurants outside of New York City, Greenwich offers many excellent fine-dining options. Town favorites include Thomas Henkelmann’s Homestead Inn Restaurant, Rebecca’s, Polpo, L’escale, Gabrielle’s Italian Steakhouse, Valbella, Le Penguin, Mediterraneo, Le Fat Poodle, and Terra. Even the most discerning palates will be impressed by these offerings.
If you are looking for more casual choices, there are also plenty of relaxed and family-friendly restaurants across Greenwich’s 67.2 square miles.
Greenwich has countless parks and facilities within the town’s limits. It would be hard not to start with Greenwich Point Park, also known as Tod’s Point to locals.
Greenwich Point is a 147.3-acre town-owned beach and recreation area that is breathtakingly beautiful. Many enjoy it for its beaches, running paths, marina, or picnic areas.
The town also sports several other notable public spaces such as the Greenwich Land Trust’s preserves, the Babcock Preserve, and Greenwich Audubon Society, just to name a few. The town also owns a 3.9-acre island, called Island Beach (one of two islands owned by the town!), that is accessible by ferry and is a great day trip destination. The second island is called Great Captain Island, and both islands are located in the Long Island Sound.
You will not quickly get bored with all the parks and public spaces the town has to offer. There are also numerous private golf courses, plus a notable public golf course named Griffith E. Harris (referred to by locals as "The Griff").
The town hosts a number of notable events throughout the year but two of its better known are the Town Party and the Greenwich Food and Wine Festival.
In 2018, the Town Party hosted 12 bands including Eric Clapton who headlined for 8,000 guests. The Greenwich Food and Wine offers a weekend of food, drink and entertainment. Country star Tim McGraw headlined the event last year!
The town also offers cultural and historical destinations such as the Bruce Museum, Cos Cob Art Colony, Greenwich Historical Society, and the Bush-Holley House.
Greenwich is home to some of the best public schools in the state as well as some of the country’s most prestigious private schools. Greenwich Public Schools was recently ranked as the 14th best school district in the state including elementary schools and secondary schools, and Greenwich High School was ranked 7th among public high schools in Connecticut.
As for private schools, some of the more popular and distinguished are the Greenwich Country Day School, the Brunswick School, Greenwich Academy, and Sacred Heart.
The town not only offers strong academic options, but the athletic programs are quite strong as well. Greenwich High School’s football team won the state championship in 2018 and Brunswick’s men’s lacrosse team was ranked 6th in the country by Inside Lacrosse. Greenwich High School Girls Swimming and Diving Team recently won the FCIAC championship and the Class LL state championship, as well as the State Open Championship.
While not Greenwich specific, this topic has become more important for everyone post tax reform legislation that passed in late 2017.
Believe it or not, before 1991 Connecticut actually didn’t have a state income tax and as such many people chose to live in areas like Greenwich to avoid higher taxes in neighboring states. In the summer of 1991, Connecticut became the 41st state to levy an income tax on its residents. That income tax now maxes out at 6.99%.
When compared to New York and New Jersey, Connecticut’s maximum state income tax rate is the lowest in the Tri-State area. New Jersey’s highest marginal state income tax is 8.97% and New York’s is 8.82% (not including New York City’s additional income tax that maxes out at 3.876%).
As for real estate taxes, Connecticut’s taxes are relatively lower when compared to other areas of the Tri-State. For example, Westchester County in New York is notoriously high as well as some of the more affluent New Jersey suburban counties. For all states, this becomes a bigger deal post recent tax reform as deductibility of property taxes are more restricted under state and local tax (SALT) limitations.
If you have any questions about town or are interested in learning more about homes in the area, please don’t hesitate to contact our team and also learn more about how you can save up to 2% of your purchase price when buying a home in Greenwich with a local real estate expert. Click here to learn more.
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