Table
| Population | ||
|---|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 26.7 | 26.9 |
| Income & Poverty | ||
| Median household income (in 2020 dollars), 2016-2020 | $79,855 | $64,994 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $45,668 | $35,384 |
What is considered high income in CT?
Median Household Income: $79,855. Average Household Income: $115,337. Per Capita Income: $45,668. 13.2% of Households in Connecticut are High Income Households that make over $200,000 a year.
What is middle class income in CT?
How much you have to earn to be middle class in every state
| State | Middle-class income | Median household income |
|---|---|---|
| Alaska | $63,873 | $75,463 |
| Connecticut | $63,375 | $78,833 |
| New Hampshire | $62,890 | $77,933 |
| Rhode Island | $62,691 | $71,169 |
What is the average income in Connecticut 2021?
Personal income in Connecticut – income per capita 2000-2021
In 2021, the per capita personal income in Connecticut was 82,082 U.S. dollars. This measure of income is calculated as the personal income of the residents of a given area divided by the resident population of the area.
Is Connecticut a rich or poor state?
In terms of per capita income, Connecticut is the richest state in the United States of America. As of a 2019 estimate, Connecticut had a per capita income of $44,496.
What is the richest town in CT?
Newtown Borough is being credited as the richest town in the state of Connecticut. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Newtown Borough as having a median household income of $140,625 (104.7% more than the U.S. median income).
How much is a good salary in CT?
As of Jul 26, 2022, the average annual pay for the Above Average jobs category in Connecticut is $50,752 a year. Just in case you need a simple salary calculator, that works out to be approximately $24.40 an hour. This is the equivalent of $976/week or $4,229/month.
What is the average hourly wage in CT?
$20
Hourly Salary in Connecticut
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $62,790 | $30 |
| 75th Percentile | $44,204 | $21 |
| Average | $41,163 | $20 |
| 25th Percentile | $27,627 | $13 |
What salary is considered high class?
An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.
What is upper class salary?
A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.
How much do you need to live comfortably in CT?
To live comfortably, a family of 4 in New Haven County or Hartford County would need a household income of around $90,000. The same family in NYC may need to make around $125,000 a year to live as comfortably and enjoy the same quality of life.
What is the cost of living in CT?
Our cost of living indices are based on a US average of 100. An amount below 100 means Connecticut is cheaper than the US average.
Connecticut cost of living is 107.8.
| COST OF LIVING | Connecticut | United States |
|---|---|---|
| Health | 97.7 | 100 |
| Housing | 103.6 | 100 |
| Median Home Cost | $318,400 | $291,700 |
| Utilities | 118.5 | 100 |
What is Connecticut’s minimum wage?
(HARTFORD, CT) – Governor Ned Lamont is reminding Connecticut residents that the state’s minimum wage will increase from the current rate of $13.00 per hour to $14.00 per hour beginning on Friday, July 1, 2022.
What is the poorest city in Connecticut?
Here Are The 8 Poorest Cities In Connecticut
- Bridgeport. Iracaz/Wikimedia.
- New Haven. Emilie Foyer/Wikimedia.
- Hartford. Mira Hartford/Wikimedia.
- Waterbury. Daniel Casus, Grossis/Wikimedia.
- New London. Billy Hathorn/Wikimedia.
- New Britain. Sage Ross/Wikimedia.
- Ansonia. Milfordwoman/Wikimedia.
- Willimantic.
Which is poorest state in USA?
Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).
Which is richest state in USA?
These Are the 10 Richest States in the U.S.
- Maryland. John GreimGetty Images.
- Massachusetts. Boston GlobeGetty Images.
- New Jersey. John MooreGetty Images.
- Hawaii. Mark BosterGetty Images.
- California. George RoseGetty Images.
- Connecticut. Brooks KraftGetty Images.
- Washington. Dan Callister/Getty Images.
- New Hampshire.
Who is the richest man in CT?
Forbes lists 13 billionaires in Connecticut.
- #8. Brad Jacobs.
- #7. Stephen Mandel Jr.
- #6. Todd Boehly.
- #5. Alexandre Behring.
- #4. Karen Pritzker.
- #3. Andreas Halvorsen.
- #2. Steve Cohen. – Net worth: $17.4 billion (#107 wealthiest in the world)
- #1. Ray Dalio. – Net worth: $22.0 billion (#78 wealthiest in the world)
How many millionaires live in Connecticut?
Connecticut ranks #2, with 99,965 and a ratio of 7.23, followed by New Jersey with a ratio of 7.14 and 232,514 millionaires. Connecticut has consistently been a top five state, placing third in 2013, fourth in 2012, 2011 and 2010.
What is a Connecticut accent?
The Central Connecticut accent has a distinct mumble. People who have it rush through the syllables, especially in the middle of a sentence, mushing them into incomprehensibility. They eat their consonants and flatten out their pitch.
What is the average rent in CT?
Overall, estimates from Apartment List show the average rent in Connecticut has risen about 12 percent to $1,512 from $1,350 in January 2021. Nationally, rents have risen about 18 percent, said Rob Warnock, a researcher at Apartment List.
How much does a single person need to live in CT?
Typical Expenses
| 1 ADULT | ||
|---|---|---|
| 0 Children | 3 Children | |
| Required annual income after taxes | $32,036 | $102,660 |
| Annual taxes | $7,490 | $25,585 |
| Required annual income before taxes | $39,526 | $128,245 |