Old Greenwich

Old Greenwich is a neighborhood and census-designated place in Greenwich in Fairfield County, Connecticut. The town of Greenwich is bordered to the west and north by Westchester County, NY, to the east by the city of Stamford, and to the south by Long Island Sound.  The zip code of Old Greenwich is 06870.

Old Greenwich is among the 25 sections or neighborhoods in Greenwich, CT, and in the 15 percentile of most wealthy communities in America.  One of the founding settlers of Old Greenwich was Elizabeth Fones Winthrop, niece and daughter-in-law of John Winthrop, founder and Governor of the Massachusetts Bay Colony. Old Greenwich CT Real Estate

Old Greenwich’s largest beach is on a long, thin peninsula at the southwest end of the neighborhood. The town was called "Sound Beach" in the last century, and the main road through the small downtown business section is Sound Beach Avenue, a popular hangout for residents and visitors as well as host to annual street fairs and events.

The Old Greenwich Railroad Station in Old Greenwich serves commuters in the neighborhood. It was built in 1894 and added to the National Register of Historic Places in 1989. Safe streets, great schools, lovely beaches and a healthy outdoor lifestyle make Old Greenwich, CT a great please to live and raise a family.

Without question, the Greenwich Point Park (also known as Tod's Point) is one of the best public parks in the country.  Encompassing over 140 acres of prestine waterfront property, this point is home to a fantastic beach, miles of walking paths, public BBQ pits and some of the best winter (only) dog walking/beaching property.  For more information on Greenwich Point Park and activites in the area feel free to visit the Friends of Greenwich Point at their website - http://friendsofgreenwichpoint.org/. 

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Old Greenwich, CT Climate

Old Greenwich gets about 50 inches of rain and 2 inches of snowfall per year. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation in Old Greenwich is 118.  On average, there are 190 sunny days per year. July highs are around 82 degrees and January lows are around 21 degrees.

Old Greenwich, CT Population

Binney Park in Old Greenwich, CT As of 2011, Old Greenwich population is 7,699 and there are 3,530 people per square mile (population density). The median age in Old Greenwich is 39.4.  65.51% of people in Old Greenwich are married and 9.20% are divorced.  The average household size is 2.8 people.  56.63% of people are married with children and 52.96% have children, but are single.

Greenwich, CT Economy

With the influx of corporate headquarters in Greenwich, CT, the town has become a power center inFairfield County. Businesses based in Greenwich include: Antares Investment Partners, AQR Capital, Arch Capital Group, Ltd., Belpointe Asset Management – a wealth management firm, Blue Sky Studios, Blyth, Inc., Cambridge Solutions, First Reserve Corporation, United Rentals Inc., and Urstadt Biddle Properties, Inc.

Compared to the rest of the country, Old Greenwich is 149.60% Higher than theU.S.average.  12.59% of the people inGreenwich have an income of 150K-250K, 26.34% of the people have an income of 250K-500K and 13.79% have an income of 500K or more. Income per capita in Greenwichis $75,359 which includes all adults and children. Median household income is $161,056. The unemployment rate in Old Greenwich is 6.70%, with job growth at 1.22%.  

Future job growth over the next ten years is predicted to be 35.74%.  Old Greenwichs ales tax rate is 6.00% and income tax is 5.00%.

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Old Greenwich, CT Real Estate and Housing Statistics

The median home value in Old Greenwich, CT is $1,018,800. Home appreciation is at -1.90% over the last year. The median age of Old Greenwich real estate is 56 years.  Renters make up 13.59% of the Old Greenwich population. 4.67% of houses and apartments in Old Greenwich are unoccupied.

If you’re in the market to buy real estate in Old Greenwich, CT or thinking about relocating to Old Greenwich, CT, you’ll find a variety of residential options to choose from. Whether you’re looking for Old Greenwich luxury and estate homes, Old Greenwich single-family homes, Old Greenwich town homes or short sales in Old Greenwich, we can help you find the perfect home for your lifestyle and needs.

Public Schools in Greenwich, CT

Greenwich Public Schools serves Old Greenwich, CT. The goal of the Greenwich Public Schools is to educate all students to their highest level of academic potential and to teach them the skills and knowledge to become capable and responsible members of the community.  Old Greenwichspends $11,605 per student. There are 13 pupils per teacher, 243 students per librarian, and 341 children per counselor.

Old Greenwich, CT Educational Statistics

  • 2 yr College Grad. 5.44%
  • 4 yr College Grad. 36.73%
  • Graduate Degrees 36.43%
  • High School Grads. 97.54%

Colleges/Universities nearest to Old Greenwich, CT

  • SUNY at Purchase College
  • Manhattanville College
  • SUNY Westchester Community College
  • Norwalk Community College Old Greenwich CT Real Estate
  • Iona College
  • The College of New Rochelle
  • Mercy College

Hospitals/Medical Centers nearest to Greenwich, CT

  • Greenwich Hospital Association
  • Winifred Masters on Burke Rehabilitation Hospital
  • White Plains Hospital
  • Westchester Medical Hospital

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Binney Park, Old Greenwich, CT

Binney Park, composed of 32 acres in the middle of Old Greenwich, is a focal point of beauty, relaxation, and recreation since its dedication to the town in 1933. Directions to Binney Park:  US 1 toSound Beach Avenue. Turn onto Sound Beach Avenue, go under I-95 bridge, continue about of a mile, park starts on right, keep right at rotary continue to entrance, next right, Wesskum Wood Road.

Greenwich Point Park

Greenwich Point Park (also known as Tod's Point) is one of the best parks in the northeast.  Encompassing nearly 150 acres along the waterfront residents from all over Greenwich flock here. The park was very well layed out with descrete parking all through it so that there is always enough space for its residents while also housing tons of beach, walking paths and public picnic/BBQ areas. For those interested in the water the Greenwich Community Sailing programs at the public Old Greenwich Yacht Club are a great way to get involved. 

Greenwich, CT Transportation

Old Greenwich CT Railroad StationGreenwich is served by the Metro-North Railroad’s New Haven Line and is approximately a 40 minute train ride to Grand Central Terminal inManhattanon the express train and a 50 minute ride on the local. Amtrak stops in the adjacent city of Stamford. Interstate 95 goes through the southern end of town, and there are four exits from I-95 inGreenwich. Interstate 684 passes throughGreenwichbut cannot be entered or exited there.

The nearest interchange is at the Westchester County Airport in New York State. Old Greenwich, CT Commute Statistics:  The average one-way commute in Old Greenwich takes 36 minutes. 59% of commuters drive their own car alone, 3% carpool with others, 24% take mass transit and 9% work from home. Read More about Old Greenwich, CT

If you are ever looking for a place to stay in Old Greenwich (or anywhere nearby for that matter) the Hyatt Regency Greenwich is centrally located in Old Greenwich close to the Stamford border and well priced. For a more romantic expierence try the Harbor House Inn.

Click to Show Neighborhood Values, Look, Feel & Character

DETAILS  
VALUES Median real estate price is $1,476,481 and average rent is $3,165 since this is a costal neighborhood.
THE SETTING Suburban (based on population density) , coastal
TYPE OF HOMES Mostly Single-family homes, some Complexes/high rise apartments, some Small apartment buildings and a few Rowhouses & attached homes
SIZE OF HOMES Mostly Medium-sized dwellings (3 or 4 bedrooms), some Large dwellings (4 or 5 bedrooms) and a few Small dwellings (1, 2, or no bedrooms)
AGE OF HOMES Mostly Historic homes (Built 1939 or earlier), some Well established older homes (Built 1940 – 1969), some Established but not old (Built 1970 – 1994) and some Newer Homes (Built 1995 or later)
HOMEOWNERSHIP Mostly Owner occupied
SPECIAL CHARACTER Mostly Nautical, Urban Sophisticates, Quiet and Walkable
      EATERIES Darelene’s is the place for ice cream and candy – a go to for families. All along Sound Beach Avenue there are restaurants and boutiques, including The Beach House and Re Napoli.
THE NEIGHBORS DETAILS
AGE & LIFESTYLE Mostly Mixed ages, some Young singles-upwardly mobile (young, educated, professionally employed, and single), some Families with children (family households with school-aged children) and some Seniors (people 65 and over)
EDUCATION LEVEL Rating: 10 (5 is average for the U.S., 10 is most educated)
INCOME Wealthy (among the 15% most wealthy communities in America)
OCCUPATIONS Mostly Executive, managerial & professional, some Sales & Service workers, some Clerical, assistants & technical support and some Manufacturing & Laborers
LANGUAGES Mostly English speaking, some Spanish speaking, some Italian speaking and some French speaking

 

 

Greenwich,CT Real Estate Expert

If you’re in the market to buy real estate in Greenwich, CT, you will find a variety of residential options to choose from to fit your lifestyle, budget and needs. If you’re thinking about selling your Greenwich, CT home, Greenwich, CT investment property or other real estate in Greenwich, CT, allow me to help make the transaction a smooth and pleasant experience.

Whether you’re buying or selling real estate in Greenwich, CT, my goal is to provide expert advice and exceptional customer service utilizing the best business practices, technology and systems available.  Call or send me an email so we can discuss how I can best serve your Greenwich, CT real estate needs! Scott P. Elwell – MBA - Sothebys International Realty, One Pickwick Plaza, Greenwich, CT 06830 Mobile: 203.940.0445 scott@elwell.com

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