Waterbury, Connecticut Median Income

Waterbury, Connecticut has a population of 114,000, with a median household income of $58,231.

Current median income data for Waterbury.

$58,231

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Population

114,000

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Median Income

$58,231

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Unemployment

5.20%

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Housing Price

$398,742

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Crime Rate

2.40

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Internet Speed

260.00 Mbps

Waterbury is a mid-sized city located in Connecticut. The city has a population that is above the average city population in Connecticut, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Waterbury, located in Connecticut, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Waterbury has a population of 114,000, which is higher than the state average. This indicates a relatively larger urban presence within Connecticut.

Income and Economy

The median household income in Waterbury is $58,231, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Waterbury is about $398,742, making it relatively affordable compared to many cities in Connecticut.

Employment and Safety

The unemployment rate in Waterbury is 5.20%, slightly above the state average, suggesting moderate employment conditions. Waterbury has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Connecticut, Waterbury shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Waterbury offers a balanced mix of economic conditions, population trends, and housing opportunities within Connecticut.

Frequently Asked Questions about Waterbury

What is the population of Waterbury?

The population of Waterbury is approximately 114,000.

Is Waterbury a good place to live?

Waterbury offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Waterbury?

The median household income in Waterbury is around $58,231.

How expensive is housing in Waterbury?

The average housing price in Waterbury is approximately $398,742.