Bantam, CT Employment - Median Household Income, Unemployment Rate

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D+

29%

Income/capita NAT. AVG.

15%

Household income NAT. AVG.

49%

Unemployment NAT. AVG.

Index	Bantam	Connecticut	National
Income per capita	$38,471	$39,906	$29,829
Median household income	$47,292	$71,755	$55,322
Median income owner occupied	$86,250	$94,523	$70,586
Median income renter occupied	$25,909	$37,585	$35,192
Median earnings male	$66,750	$46,559	$36,919
Median earnings female	$23,393	$31,943	$26,250
Unemployment rate	2.4%	5.3%	4.7%
Poverty level	6.6%	10.4%	15.1%

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Key findings

The income per capita in Bantam is 29% higher than the national average
The median household income in Bantam is 15% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Bantam is 49% lower than the national average
The poverty level in Bantam is 56% lower than the national average

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am i middle class

$31,524 $47,292 $94,584

City

$47,831 $71,755 $143,510

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Bantam median earnings by income bracket

Bantam employment by industry

Labour Type	Male	Female
Construction industry	24.8%	24.8%
Manufacturing sector	10.5%	10.5%
Financial & insurance services	2.6%	2.6%
Wholesale & retail services	3.9%	3.9%
Public administration	8.5%	8.5%
Transportation, warehousing & utilities	11.8%	11.8%
Education, health & social services	11.8%	11.8%
Other	21.6%	21.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Sharon, CT	635	$136,286	146.4%
New Preston, CT	851	$103,563	87.2%
Litchfield, CT	1,279	$97,500	76.2%
Northwest Harwinton, CT	2,897	$91,618	65.6%
Bethlehem Village, CT	1,792	$91,184	64.8%
Bantam, CT	606	$47,292	14.5%

Cities with similar population

City	Population	Household Income	National Avg.
Ider, AL	606	$37,344	32.5%
Buda, IL	606	$42,250	23.6%
Old Forge, NY	606	$55,729	0.7%
Cuyahoga Heights, OH	606	$65,875	19.1%
Hamler, OH	606	$51,198	7.5%
Bantam, CT	606	$47,292	14.5%

Source: The Bantam, CT employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).