Middletown, Connecticut Income Statistics

Middletown 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
    Middletown Around average

Source: Map AI Methodology

Income Statistics Overview

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Metric Middletown Connecticut Avg US Average
Median Household Income $80,002 $97,098 $80,455
Median Personal Income $65,977 $75,632 $60,758
Average Yearly Income Growth 2.9% 3.7% 4.8%
Six-Figure Earners 13.4% 18.8% 13.9%
$200k+ Households 14.1% 19.5% 13.2%

The median household income in Middletown is about 18% lower than in Connecticut. Income has been growing slower in Middletown (2.9%/yr) than in Connecticut (3.7%/yr).

About 13% of adults in Middletown 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

Middletown
United States

Median household income in Middletown, Connecticut grew by 33.9% from 2009 to 2024, reaching $80,002 in 2024. That's an average of about 2.9% per year.

Middletown has crossed the U.S. median household income 3 times since 2009, most recently dropping below it by 2023. In 2024 its income was 0.6% lower.

Year Middletown United States

Income Distribution in Middletown

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

Households by income, 2024

Middletown
United States

Income range calculator

About 6,586 households (39.2% of all households) have an income of $100,000 or more.

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

In 2024, 22.1% of households in Middletown had an income under $35,000 and 22.6% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Middletown has a larger share of households earning $50,000 to $74,999 (17.3% vs 15.5%) and a smaller share earning $35,000 to $49,999 (7.8% vs 10.1%).

Household income Households Share U.S. share
Under $10,000 950 5.7% 5.1%
$10,000 to $14,999 575 3.4% 3.5%
$15,000 to $24,999 1,140 6.8% 6.4%
$25,000 to $34,999 1,055 6.3% 6.7%
$35,000 to $49,999 1,312 7.8% 10.1%
$50,000 to $74,999 2,915 17.3% 15.5%
$75,000 to $99,999 2,269 13.5% 12.6%
$100,000 to $149,999 2,796 16.6% 17.4%
$150,000 to $199,999 1,413 8.4% 9.5%
$200,000 or more 2,377 14.1% 13.2%

Shares are of all 16,802 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 Middletown

Metric Middletown Connecticut Avg US Average
Gini Coefficient 0.562 0.536 0.552
Male Median Income $78,185 $85,321 $69,667
Female Median Income $67,548 $70,012 $56,850
Gender Pay Gap 13.6% 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 Middletown, it is 0.562, higher than Connecticut's 0.536, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.

Men's income is about 16% more than women's income in Middletown, Connecticut. Over a 35-year career, a 16% wage gap accumulates to roughly $372,295 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Middletown, Connecticut has narrowed from about 17% to 14% in 2024. Over that period the gap was widest at 18% in 2018, and was narrowest at 10% in 2013. In dollar terms, the gap has widened by $783 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Middletown Connecticut Avg US Average
Unemployment Rate 5.1% 5.5% 5.2%
Working from Home 14.6% 16.2% 15.0%
Commute time (minutes) 21 22 22

Approximately 812 people are unemployed in Middletown, Connecticut.

The average commute time in Middletown is 21 minutes, shorter than the 22 minutes in Connecticut.

Unemployment Rate Over Time

Middletown
United States

Since 2011, the unemployment rate in Middletown, Connecticut has fallen from 7.3% to 5.1% in 2024. Over that period the rate peaked at 8.0% in 2013 and fell as low as 5.1% in 2023.

Middletown has been below the U.S. unemployment rate in most years since 2011, but rose above it in 2019-2022 (as much as 0.5 points higher). In 2024 its rate was 0.1 points lower.

Year Middletown United States

Middletown, CT Wealth Compared With Nearby Cities

How Middletown, 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.
Middletown, CT 42,225 $80,002 #1/2 2.9%/yr #1/2 5.1% #1/2 0.562 #2/2
Meriden, CT 52,287 $70,502 2.8%/yr 8.0% 0.522

Conclusion

Considering all these factors, Middletown, 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 Middletown, Connecticut.

How Rich Is Middletown, Connecticut?

Middletown 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 $80,002, about 18% lower than the Connecticut average of $97,098.

Are incomes growing in Middletown, Connecticut?

Between 2009 and 2024, the median household income in Middletown, Connecticut rose 34%, from $59,730 to $80,002. Over the same years, income here lagged behind Connecticut as a whole: +34% against +41%.

What was the median household income in Middletown in 2023?

In 2023, the median household income in Middletown, Connecticut was $75,223, up 1% from $74,811 in 2022. The Connecticut median that year was $95,197.

What was the median household income in Middletown in 2020?

In 2020, the median household income in Middletown, Connecticut was $63,688. By 2024 it had risen 26% to $80,002.

What is the Gini coefficient in Middletown, Connecticut?

The Gini coefficient in Middletown is 0.562. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.

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

Since 2009, the income gap between men and women in Middletown, Connecticut has narrowed from about 17% to 14% in 2024. Over that period the gap was widest at 18% in 2018, and was narrowest at 10% in 2013. In dollar terms, the gap has widened by $783 since 2009.

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