Meriden, Connecticut Income Statistics
Meriden 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
Meriden Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Meriden | Connecticut Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,502 | $97,098 | $80,455 |
| Median Personal Income | $56,670 | $75,632 | $60,758 |
| Average Yearly Income Growth | 2.8% | 3.7% | 4.8% |
| Six-Figure Earners | 9.9% | 18.8% | 13.9% |
| $200k+ Households | 8.3% | 19.5% | 13.2% |
The median household income in Meriden is about 27% lower than in Connecticut. Income has been growing slower in Meriden (2.8%/yr) than in Connecticut (3.7%/yr).
About 10% of adults in Meriden 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
Median household income in Meriden, Connecticut grew by 25.4% from 2009 to 2024, reaching $70,502 in 2024. That's an average of about 2.8% per year.
Meriden started 10.0% above the U.S. median household income in 2009 but had slipped below it by 2018, and has not been above it since. In 2024 its income was 12% lower.
Income Distribution in Meriden
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 7,086 households (33.2% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 21.9% of households in Meriden had an income under $35,000 and 16.4% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Meriden has a larger share of households earning $50,000 to $74,999 (19.3% vs 15.5%) and a smaller share earning $200,000 or more (8.3% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 1,090 | 5.1% | 5.1% |
| $10,000 to $14,999 | 1,047 | 4.9% | 3.5% |
| $15,000 to $24,999 | 1,228 | 5.8% | 6.4% |
| $25,000 to $34,999 | 1,302 | 6.1% | 6.7% |
| $35,000 to $49,999 | 2,642 | 12.4% | 10.1% |
| $50,000 to $74,999 | 4,104 | 19.3% | 15.5% |
| $75,000 to $99,999 | 2,813 | 13.2% | 12.6% |
| $100,000 to $149,999 | 3,589 | 16.8% | 17.4% |
| $150,000 to $199,999 | 1,718 | 8.1% | 9.5% |
| $200,000 or more | 1,779 | 8.3% | 13.2% |
Shares are of all 21,312 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).
Residents 15+ by personal income, 2024
Income range calculator
About 4,409 residents (9.9% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 11.2% of residents who have any income.
In 2024, 11.9% of Meriden residents aged 15 and over reported no personal income, 27.5% had some income but less than $25,000, and 17.4% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Meriden has a larger share of residents earning $50,000 to $74,999 (17.6% vs 14.3%) and a smaller share earning $100,000 or more (9.9% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 5,329 | 11.9% | 12.8% |
| $1 to $9,999 | 4,441 | 9.9% | 11.2% |
| $10,000 to $14,999 | 3,245 | 7.3% | 7.0% |
| $15,000 to $24,999 | 4,605 | 10.3% | 10.5% |
| $25,000 to $34,999 | 4,939 | 11.0% | 9.5% |
| $35,000 to $49,999 | 6,500 | 14.5% | 12.6% |
| $50,000 to $74,999 | 7,882 | 17.6% | 14.3% |
| $75,000 to $99,999 | 3,379 | 7.6% | 8.2% |
| $100,000 or more | 4,409 | 9.9% | 13.9% |
Shares are of the 44,729 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 11.9% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Meriden
| Metric | Meriden | Connecticut Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.522 | 0.536 | 0.552 |
| Male Median Income | $64,303 | $85,321 | $69,667 |
| Female Median Income | $53,850 | $70,012 | $56,850 |
| Gender Pay Gap | 16.3% | 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 Meriden, it is 0.522, 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.
Men's income is about 19% more than women's income in Meriden, Connecticut. Over a 35-year career, a 19% wage gap accumulates to roughly $365,855 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Meriden, Connecticut has narrowed from about 18% to 16% in 2024. Over that period the gap was widest at 25% in 2010, and was narrowest at 12% in 2023. In dollar terms, the gap has widened by $923 since 2009.
Employment
| Metric | Meriden | Connecticut Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.0% | 5.5% | 5.2% |
| Working from Home | 8.9% | 16.2% | 15.0% |
| Commute time (minutes) | 21 | 22 | 22 |
Approximately 2,182 people are unemployed in Meriden, Connecticut.
The average commute time in Meriden is 21 minutes, shorter than the 22 minutes in Connecticut.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Meriden, Connecticut has fallen from 10.7% to 8.0% in 2024. Over that period the rate peaked at 12.0% in 2013 and fell as low as 5.9% in 2019.
Meriden has stayed well above the U.S. unemployment rate in every year from 2011 to 2024 and has never dropped below it. It came closest in 2018, at 0.4 points higher. The gap has widened from 2.0 points in 2011 to 2.8 points in 2024.
Conclusion
Considering all these factors, Meriden, Connecticut has an overall wealth index grade of B, making it somewhat worse than Connecticut, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Meriden, Connecticut.
How Rich Is Meriden, Connecticut?
Meriden 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 $70,502, about 27% lower than the Connecticut average of $97,098.
Are incomes growing in Meriden, Connecticut?
Between 2009 and 2024, the median household income in Meriden, Connecticut rose 25%, from $56,220 to $70,502. Over the same years, income here lagged behind Connecticut as a whole: +25% against +41%.
What was the median household income in Meriden in 2023?
In 2023, the median household income in Meriden, Connecticut was $67,863, up 6% from $64,206 in 2022. The Connecticut median that year was $95,197.
What was the median household income in Meriden in 2020?
In 2020, the median household income in Meriden, Connecticut was $57,164. By 2024 it had risen 23% to $70,502.
How strong is the job market in Meriden, Connecticut?
Unemployment in Meriden, Connecticut is 8.0%, well above the Connecticut rate of 5.5%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Meriden, Connecticut?
The Gini coefficient in Meriden is 0.522. 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 Meriden, Connecticut?
Since 2009, the income gap between men and women in Meriden, Connecticut has narrowed from about 18% to 16% in 2024. Over that period the gap was widest at 25% in 2010, and was narrowest at 12% in 2023. In dollar terms, the gap has widened by $923 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →