Naugatuck, Connecticut Income Statistics

Naugatuck 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
    Naugatuck Around average

Source: Map AI Methodology

Income Statistics Overview

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Metric Naugatuck Connecticut Avg US Average
Median Household Income $97,335 $97,098 $80,455
Median Personal Income $64,320 $75,632 $60,758
Average Yearly Income Growth 6.5% 3.7% 4.8%
Six-Figure Earners 14.9% 18.8% 13.9%
$200k+ Households 13.0% 19.5% 13.2%

The median household income in Naugatuck is about the same as in Connecticut. Income has been growing faster in Naugatuck (6.5%/yr) than in Connecticut (3.7%/yr).

About 15% of adults in Naugatuck 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

Naugatuck
United States

Median household income in Naugatuck, Connecticut grew by 60.9% from 2009 to 2024, reaching $97,335 in 2024. That's an average of about 6.5% per year.

Naugatuck has stayed well above the U.S. median household income in every year from 2009 to 2024 and has never fallen below it. It came closest in 2016, at 7.1% higher. The gap has widened from 18% in 2009 to 21% in 2024.

Year Naugatuck United States

Income Distribution in Naugatuck

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

Households by income, 2024

Naugatuck
United States

Income range calculator

About 6,201 households (48.7% of all households) have an income of $100,000 or more.

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

In 2024, 14.5% of households in Naugatuck had an income under $35,000 and 24.9% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Naugatuck has a larger share of households earning $100,000 to $149,999 (23.8% vs 17.4%) and a smaller share earning $25,000 to $34,999 (3.6% vs 6.7%).

Household income Households Share U.S. share
Under $10,000 581 4.6% 5.1%
$10,000 to $14,999 158 1.2% 3.5%
$15,000 to $24,999 649 5.1% 6.4%
$25,000 to $34,999 456 3.6% 6.7%
$35,000 to $49,999 1,248 9.8% 10.1%
$50,000 to $74,999 1,876 14.7% 15.5%
$75,000 to $99,999 1,567 12.3% 12.6%
$100,000 to $149,999 3,026 23.8% 17.4%
$150,000 to $199,999 1,519 11.9% 9.5%
$200,000 or more 1,656 13.0% 13.2%

Shares are of all 12,736 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 Naugatuck

Metric Naugatuck Connecticut Avg US Average
Gini Coefficient 0.517 0.536 0.552
Male Median Income $70,692 $85,321 $69,667
Female Median Income $63,837 $70,012 $56,850
Gender Pay Gap 9.7% 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 Naugatuck, it is 0.517, 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 11% more than women's income in Naugatuck, Connecticut. Over a 35-year career, a 11% wage gap accumulates to roughly $239,925 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 Naugatuck, Connecticut has narrowed from about 20% to 10% in 2024. Over that period the gap was widest at 30% in 2016, and was narrowest at 9% in 2023. In dollar terms, the gap has narrowed by $3,977 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Naugatuck Connecticut Avg US Average
Unemployment Rate 5.1% 5.5% 5.2%
Working from Home 15.0% 16.2% 15.0%
Commute time (minutes) 27 22 22

Approximately 958 people are unemployed in Naugatuck, Connecticut.

The average commute time in Naugatuck is 27 minutes, longer than the 22 minutes in Connecticut.

Unemployment Rate Over Time

Naugatuck
United States

Since 2011, the unemployment rate in Naugatuck, Connecticut has fallen from 9.4% to 5.1% in 2024. Over that period the rate peaked at 11.5% in 2014.

Naugatuck stayed above the U.S. unemployment rate from 2011 to 2023, starting 0.7 points higher, and dropped below it in the latest figures (2024), at 0.1 points lower.

Year Naugatuck United States

Naugatuck, CT Wealth Compared With Nearby Cities

How Naugatuck, 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.
Naugatuck, CT 31,800 $97,335 #1/2 6.5%/yr #1/2 5.1% #1/2 0.517 #1/2
Waterbury, CT 110,409 $51,955 3.1%/yr 8.6% 0.556

Conclusion

Considering all these factors, Naugatuck, 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 Naugatuck, Connecticut.

How Rich Is Naugatuck, Connecticut?

Naugatuck 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 $97,335, close to the Connecticut average of $97,098.

How has median household income changed in Naugatuck, Connecticut?

Between 2009 and 2024, the median household income in Naugatuck, Connecticut rose 61%, from $60,502 to $97,335. Over the same years, income here outpaced Connecticut as a whole: +61% against +41%.

What was the median household income in Naugatuck in 2023?

In 2023, the median household income in Naugatuck, Connecticut was $93,306, up 3% from $90,642 in 2022. The Connecticut median that year was $95,197.

What was the median household income in Naugatuck in 2020?

In 2020, the median household income in Naugatuck, Connecticut was $77,480. By 2024 it had risen 26% to $97,335.

What is the Gini coefficient in Naugatuck, Connecticut?

The Gini coefficient in Naugatuck is 0.517. 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 Naugatuck, Connecticut?

Since 2009, the income gap between men and women in Naugatuck, Connecticut has narrowed from about 20% to 10% in 2024. Over that period the gap was widest at 30% in 2016, and was narrowest at 9% in 2023. In dollar terms, the gap has narrowed by $3,977 since 2009.

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