Westport Economic Vitality
Education:
Voted best school district in CT, with Above average SAT scores
Credit Rating:
Westport regularly receives an AAA credit rating from Moody’s
Town Assets:
Values continue to increase
Taxes:
The Mill Rate has been kept flat for the last four years at 16.86
Transportation:
Access to I-95, US1, The Merritt Parkway and two Metro-North train stations
Income & Wages:
Income increased by 5% from 2015 to 2018
76%
Of Westport has a bachelor’s degree or higher
$1.325M
Average home value, over 300% higher than state average
$187,988
Median household income
$151M+
Invested in Westport’s commercial properties over the last four years
77% Percent of All Homes Occupied by Owners*
*Data referring to all units
18.07
Low Mill Rate
$44M
Westport’s investment in capital projects over 4 years
$312,297
Value of Westport’s capital assets
$38.31
Price per square foot for office rent (Manhattan is $82.01)
“Westport, Conn, A historic town with a global mind-set”
-New York Times
“Westport is ranked the #1 small city in the state of CT”
-Study from WalletHub
“Westport ranked A+ in community to live in”
-Patch
Westport Ranked In Top 500 Places to Start A Business
Cities were ranked based on the following criteria (see the methodology section for a more detailed breakdown):
Population Score:
10.09
(20 points maximum)
Income Score:
33.44
(40 points maximum)
Expense Score:
23.16
(40 points maximum)
Small Business Score:
66.69
(90 points maximum)
“Westport is #3 in CT for Top Business-Friendly Towns”
-Yankee Institute
“Connecticut ranked #4 most innovative state”
- Bloomberg
“Westport is ranked in the top 500 places to start a business”
- LendEDU
Education
Best School District in CT
District with best teachers in CT
#3 District for athletics in CT
#1
College prep public school in CT
#3
District for Athletics in CT
1241
Mean Staples SAT score (641 EBRW; 620 Math) The national average SAT score is 1051
93.7%
of Staples students attend a four-year college (scores for class of 2021)