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Money Magazine Ranks Greenwich Among Best Places To Live

GREENWICH, Conn. -- Anyone who's been to Greenwich would not be surprised to learn that the "Gold Coast" town made the No. 40 spot in Money magazine's "Best Places to Live in 2016."

Bruce Museum in Greenwich. The town ranked No. 40 in Money magazine's "Best Places to Live 2016."

Bruce Museum in Greenwich. The town ranked No. 40 in Money magazine's "Best Places to Live 2016."

Photo Credit: contributed

With its prime suburban location, "just 30 miles north of midtown Manhattan," Greenwich is home to many hedge funds and financial firms, hence high-paying jobs, said Money magazine.

Much income is needed, said the Money magazine report, noting how the town's median income for a family was $136,032 in 2014, adding, "You need every bit of that paycheck" to live there. According to Money magazine, the median home price is almost $1 million.

But the price tag yields a lot, said the Money magazine article, which cites "top-notch" schools and sites like Babcock Preserve and beaches at Greenwich Point among things to do.

Curious which part of the country landed at No. 1 and 50? Columbia, Md., and Scottsdale, Ariz., respectively, said Money magazine.

To see the Money magazine story, click here.

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