Graph and download economic data for Real Median Household Income in Connecticut (MEHOINUSCTA672N) from 1984 to 2024 about CT, households, median, income, real, and USA.

In 2023, the median household income in Connecticut amounted to 92,240 U.S. dollars. This is an increase from the previous year, when the median household income in the state was 90,730 U.S. dollars. Data for the median income in the United States as a whole can be accessed here.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Darien, Connecticut, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, all of the household sizes were found in Darien town. Across the different household sizes in Darien town the mean income is $233,791, and the standard deviation is $78,155. The coefficient of variation (CV) is 33.43%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households. Please note that the U.S. Census Bureau uses $250,001 as a JAM value to report incomes of $250,000 or more. In the case of Darien town, there were 4 household sizes where the JAM values were used. Thus, the numbers for the mean and standard deviation may not be entirely accurate and have a higher possibility of errors. However, to obtain an approximate estimate, we have used a value of $250,001 as the income for calculations, as reported in the datasets by the U.S. Census Bureau.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $58,275. It then further increased to $255,365 for 7-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/darien-ct-median-household-income-by-household-size.jpeg" alt="Darien, Connecticut median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Darien town median household income. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Connecticut (MHICT09000A052NCEN) from 1989 to 2023 about CT, households, median, income, and USA.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in North Haven town. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in North Haven town. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2021

In terms of income distribution across age cohorts, in North Haven town, householders within the 45 to 64 years age group have the highest median household income at $151,528, followed by those in the 25 to 44 years age group with an income of $143,364. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $74,063. Notably, householders within the under 25 years age group, had the lowest median household income at $31,076.

https://i.neilsberg.com/ch/north-haven-ct-median-household-income-by-age.jpeg" alt="North Haven, Connecticut median household income by age of householder">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for North Haven town median household income by age. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Tolland County, CT (MHICT09013A052NCEN) from 1989 to 2021 about Tolland County, CT; Hartford; CT; households; median; income; and USA.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Ridgefield, Connecticut, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, all of the household sizes were found in Ridgefield town. Across the different household sizes in Ridgefield town the mean income is $210,568, and the standard deviation is $68,728. The coefficient of variation (CV) is 32.64%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households. Please note that the U.S. Census Bureau uses $250,001 as a JAM value to report incomes of $250,000 or more. In the case of Ridgefield town, there were 1 household sizes where the JAM values were used. Thus, the numbers for the mean and standard deviation may not be entirely accurate and have a higher possibility of errors. However, to obtain an approximate estimate, we have used a value of $250,001 as the income for calculations, as reported in the datasets by the U.S. Census Bureau.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $75,050. It then further increased to $248,224 for 7-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/ridgefield-ct-median-household-income-by-household-size.jpeg" alt="Ridgefield, Connecticut median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Ridgefield town median household income. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Fairfield County, CT (MHICT09001A052NCEN) from 1989 to 2021 about Fairfield County, CT; Bridgeport; CT; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for New London County, CT (MHICT09011A052NCEN) from 1989 to 2021 about New London County, CT; Norwich; CT; households; median; income; and USA.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Fairfield, Connecticut, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 30,940, while the mean income for the highest quintile (20% of households with the highest income) is 573,038. This indicates that the top earners earn 19 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 961,249, which is 167.75% higher compared to the highest quintile, and 3106.82% higher compared to the lowest quintile.

https://i.neilsberg.com/ch/fairfield-ct-mean-household-income-by-quintiles.jpeg" alt="Mean household income by quintiles in Fairfield, Connecticut (in 2022 inflation-adjusted dollars))">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2022 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Fairfield town median household income. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Middlesex County, CT (MHICT09007A052NCEN) from 1989 to 2021 about Middlesex County, CT; Hartford; CT; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Hartford County, CT (MHICT09003A052NCEN) from 1989 to 2021 about Hartford County, CT; Hartford; CT; households; median; income; and USA.

This dataset provides access to Qualified Census Tracts (QCTs) in Connecticut to assist in administration of American Rescue Plan (ARP) funds. The Secretary of HUD must designate QCTs, which are areas where either 50 percent or more of the households have an income less than 60 percent of the AMGI for such year or have a poverty rate of at least 25 percent. HUD designates QCTs based on new income and poverty data released in the American Community Survey (ACS). Specifically, HUD relies on the most recent three sets of ACS data to ensure that anomalous estimates, due to sampling, do not affect the QCT status of tracts. QCTs are identified for the purpose of Low-Income Housing Credits under IRC Section 42, with the purpose of increasing the availability of low-income rental housing by providing an income tax credit to certain owners of newly constructed or substantially rehabilitated low-income rental housing projects. Also included are the number of households from the 2010 census (the “p0150001” variable), the average poverty rate using the 2014-2018 ACS data (the “pov_rate_18” variable), and the ratio of Tract Average Household Size Adjusted Income Limit to Tract Median Household Income using the 2014-2018 ACS data (the “inc_factor_18” variable). For the last variable mentioned in the previous paragraph, the income limit is the limit for being considered a very low income household (size-adjusted and based on Area Mean Gross Income). This value is divided by the median household income for the given tract, to get a sense of how the limit and median incomes compare. For example, if ratio>1, it implies that the tract is very low income because the limit income is greater than the median income. This ratio is a compact way to include the separate variables for the household income limit and median household income for each tract.

Comprehensive demographic dataset for Greenwich, CT, US including population statistics, household income, housing units, education levels, employment data, and transportation with year-over-year changes.

The median household income in Connecticut is $93,760. Midpoint of household income distribution (in dollars). Source: ACS 5-year estimates (derived).

Comprehensive demographic dataset for Darien, CT, US including population statistics, household income, housing units, education levels, employment data, and transportation with year-over-year changes.

Graph and download economic data for Estimate of Median Household Income for New Haven County, CT (MHICT09009A052NCEN) from 1989 to 2021 about New Haven County, CT; New Haven; CT; households; median; income; and USA.

Graph and download economic data for 90% Confidence Interval Lower Bound of Estimate of Median Household Income for New Haven County, CT (MHICILBCT09009A052NCEN) from 1989 to 2021 about New Haven County, CT; New Haven; CT; households; median; income; and USA.

About this dataset

Context

The dataset illustrates the median household income in Darien town, spanning the years from 2010 to 2021, with all figures adjusted to 2022 inflation-adjusted dollars. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2021, the median household income for Darien town increased by $33,071 (13.94%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $4,559 (6.51%) between 2010 and 2021.

Analyzing the trend in median household income between the years 2010 and 2021, spanning 11 annual cycles, we observed that median household income, when adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 6 years and declined for 5 years.

https://i.neilsberg.com/ch/darien-ct-median-household-income-trend.jpeg" alt="Darien, Connecticut median household income trend (2010-2021, in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2021
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2022 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Darien town median household income. You can refer the same here

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Hamden town: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 648(2.89%) households where the householder is under 25 years old, 6,836(30.51%) households with a householder aged between 25 and 44 years, 8,725(38.95%) households with a householder aged between 45 and 64 years, and 6,194(27.65%) households where the householder is over 65 years old.
• In Hamden town, the age group of 45 to 64 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

https://i.neilsberg.com/ch/hamden-ct-household-income-by-age-groups.jpeg" alt="Hamden, Connecticut household income distribution across age groups">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Hamden town median household income by age. You can refer the same here