Manchester, Connecticut Income Statistics

Manchester Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.

  • B
    Manchester Around average

Source: Map AI Methodology

Income Statistics Overview

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Metric Manchester Connecticut Avg US Average
Median Household Income $76,849 $97,098 $80,455
Median Personal Income $58,995 $75,632 $60,758
Average Yearly Income Growth 3.0% 3.7% 4.8%
Six-Figure Earners 10.5% 18.8% 13.9%
$200k+ Households 8.1% 19.5% 13.2%

The median household income in Manchester is about 21% lower than in Connecticut. Income has been growing slower in Manchester (3.0%/yr) than in Connecticut (3.7%/yr).

About 11% of adults in Manchester earn six figures ($100,000 or more) a year, lower than the Connecticut average of 19%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Manchester
United States

Median household income in Manchester, Connecticut grew by 41.9% from 2009 to 2024, reaching $76,849 in 2024. That's an average of about 3.0% per year.

Manchester stayed above the U.S. median household income from 2009 to 2023, starting 5.9% higher, and slipped below it in the latest figures (2024), at 4.5% lower.

Year Manchester United States

Income Distribution in Manchester

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Manchester
United States

Income range calculator

About 5,302 households (36.0% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 21.4% of households in Manchester had an income under $35,000 and 18.4% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Manchester has a larger share of households earning $75,000 to $99,999 (15.1% vs 12.6%) and a smaller share earning $200,000 or more (8.1% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 827 5.6% 5.1%
$10,000 to $14,999 514 3.5% 3.5%
$15,000 to $24,999 876 5.9% 6.4%
$25,000 to $34,999 941 6.4% 6.7%
$35,000 to $49,999 1,401 9.5% 10.1%
$50,000 to $74,999 2,645 17.9% 15.5%
$75,000 to $99,999 2,232 15.1% 12.6%
$100,000 to $149,999 2,583 17.5% 17.4%
$150,000 to $199,999 1,531 10.4% 9.5%
$200,000 or more 1,187 8.1% 13.2%

Shares are of all 14,739 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Manchester

Metric Manchester Connecticut Avg US Average
Gini Coefficient 0.512 0.536 0.552
Male Median Income $62,606 $85,321 $69,667
Female Median Income $66,986 $70,012 $56,850
Gender Pay Gap -7.0% 17.9% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Manchester, it is 0.512, lower than Connecticut's 0.536, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Women's income is about 7% more than men's income in Manchester, Connecticut. Over a 35-year career, a 7% wage gap accumulates to roughly $153,300 in unearned income for male workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Manchester, Connecticut has narrowed from about 22% to -7% in 2024. In dollar terms, the gap has narrowed by $14,852 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Manchester Connecticut Avg US Average
Unemployment Rate 5.4% 5.5% 5.2%
Working from Home 10.4% 16.2% 15.0%
Commute time (minutes) 20 22 22

Approximately 914 people are unemployed in Manchester, Connecticut.

The average commute time in Manchester is 20 minutes, shorter than the 22 minutes in Connecticut.

Unemployment Rate Over Time

Manchester
United States

Since 2011, the unemployment rate in Manchester, Connecticut has fallen from 8.5% to 5.4% in 2024. Over that period the rate peaked at 12.0% in 2014.

Manchester has crossed the U.S. unemployment rate 3 times since 2011, most recently moving above it by 2022. In 2024 its rate was 0.1 points higher.

Year Manchester United States

Manchester, CT Wealth Compared With Nearby Cities

How Manchester, CT compares with the 1 cities closest to it.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Manchester, CT 28,853 $76,849 #1/2 3.0%/yr #2/2 5.4% #2/2 0.512 #1/2
East Hartford, CT 47,154 $68,362 4.1%/yr 5.3% 0.523

Conclusion

Considering all these factors, Manchester, Connecticut has an overall wealth index grade of B, making it about on par with Connecticut, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Manchester, Connecticut.

How Rich Is Manchester, Connecticut?

Manchester has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $76,849, about 21% lower than the Connecticut average of $97,098.

Are incomes growing in Manchester, Connecticut?

Between 2009 and 2024, the median household income in Manchester, Connecticut rose 42%, from $54,158 to $76,849. Over the same years, income here kept pace with Connecticut as a whole: +42% against +41%.

What was the median household income in Manchester in 2023?

In 2023, the median household income in Manchester, Connecticut was $78,495, up 4% from $75,759 in 2022. The Connecticut median that year was $95,197.

What was the median household income in Manchester in 2020?

In 2020, the median household income in Manchester, Connecticut was $67,930. By 2024 it had risen 13% to $76,849.

What is the Gini coefficient in Manchester, Connecticut?

The Gini coefficient in Manchester is 0.512. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in Manchester, Connecticut?

Since 2009, the income gap between men and women in Manchester, Connecticut has narrowed from about 22% to -7% in 2024. In dollar terms, the gap has narrowed by $14,852 since 2009.

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