Putnam, CT Employment - Median Household Income, Unemployment Rate

C

7%

Income/capita NAT. AVG.

11%

Household income NAT. AVG.

11%

Unemployment NAT. AVG.

Index	Putnam	Connecticut	National
Income per capita	$31,897	$39,906	$29,829
Median household income	$61,411	$71,755	$55,322
Median income owner occupied	$76,361	$94,523	$70,586
Median income renter occupied	$39,519	$37,585	$35,192
Median earnings male	$38,173	$46,559	$36,919
Median earnings female	$29,491	$31,943	$26,250
Unemployment rate	4.2%	5.3%	4.7%
Poverty level	7.3%	10.4%	15.1%

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Key findings

The income per capita in Putnam is 7% higher than the national average
The median household income in Putnam is 11% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Putnam is 11% lower than the national average
The poverty level in Putnam is 52% lower than the national average

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am i middle class

$40,936 $61,411 $122,822

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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Putnam median earnings by income bracket

Putnam employment by industry

Labour Type	Male	Female
Construction industry	8.1%	8.1%
Manufacturing sector	24.9%	24.9%
Financial & insurance services	4.3%	4.3%
Wholesale & retail services	14.1%	14.1%
Public administration	1.1%	1.1%
Transportation, warehousing & utilities	12.4%	12.4%
Education, health & social services	9.6%	9.6%
Other	22.1%	22.1%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Sturbridge, MA	2,101	$106,964	93.3%
Pascoag, RI	4,911	$86,741	56.8%
Greene, RI	1,016	$83,200	50.4%
Wauregan, CT	1,486	$82,279	48.7%
Chepachet, RI	1,673	$80,759	46.0%
Putnam, CT	7,138	$61,411	11.0%

Cities with similar population

City	Population	Household Income	National Avg.
Nappanee, IN	7,138	$57,870	4.6%
Belle Plaine, MN	7,137	$86,422	56.2%
Philadelphia, MS	7,137	$39,472	28.7%
Belle Isle, FL	7,139	$101,042	82.6%
River Park, FL	7,139	$42,627	22.9%
Putnam, CT	7,138	$61,411	11.0%

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