Woodmont, CT Employment - Median Household Income, Unemployment Rate

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Income/capita 56%

Household income 41%

Unemployment 32%

Index	Woodmont	Connecticut	National
Income per capita	$46,483	$39,906	$29,829
Median household income	$78,000	$71,755	$55,322
Median income owner occupied	$87,000	$94,523	$70,586
Median income renter occupied	$56,250	$37,585	$35,192
Median earnings male	$53,250	$46,559	$36,919
Median earnings female	$36,750	$31,943	$26,250
Unemployment rate	3.2%	5.3%	4.7%
Poverty level	4.0%	10.4%	15.1%

Key findings

The income per capita in Woodmont is 56% higher than the national average
The median household income in Woodmont is 41% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Woodmont is 32% lower than the national average
The poverty level in Woodmont is 74% lower than the national average

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am i middle class

$51,994$78,000$156,000

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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Woodmont median earnings by income bracket

Woodmont employment by industry

Labour Type	Male	Female
Construction industry	9.1%	3.1%
Manufacturing sector	14.6%	0.0%
Financial & insurance services	7.4%	2.8%
Wholesale & retail services	17.2%	8.5%
Public administration	3.8%	1.9%
Transportation, warehousing & utilities	6.0%	1.6%
Education, health & social services	19.6%	43.4%
Other	19.1%	32.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Trumbull, CT	36,477	$112,674	103.7%
Orange, CT	13,941	$106,475	92.5%
North Haven, CT	23,888	$93,696	69.4%
Shelton, CT	40,979	$87,277	57.8%
Milford city, CT	52,005	$81,971	48.2%
Woodmont, CT	1,425	$78,000	41.0%

Cities with similar population

City	Population	Household Income	National Avg.
Bridgeport, IL	1,425	$42,292	23.6%
Wacousta, MI	1,425	$80,331	45.2%
Jefferson, NC	1,425	$26,531	52.0%
Larimore, ND	1,425	$47,250	14.6%
Cumberland Head, NY	1,425	$58,750	6.2%
Woodmont, CT	1,425	$78,000	41.0%

Source: The Woodmont, CT employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).