New Britain, Connecticut Income Statistics

New Britain 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.

  • D
    New Britain Well below average

Source: Map AI Methodology

Income Statistics Overview

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Metric New Britain Connecticut Avg US Average
Median Household Income $56,563 $97,098 $80,455
Median Personal Income $49,032 $75,632 $60,758
Average Yearly Income Growth 3.5% 3.7% 4.8%
Six-Figure Earners 6.4% 18.8% 13.9%
$200k+ Households 4.7% 19.5% 13.2%

The median household income in New Britain is about 42% lower than in Connecticut. Income has been growing slower in New Britain (3.5%/yr) than in Connecticut (3.7%/yr).

About 6% of adults in New Britain 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

New Britain
United States

Median household income in New Britain, Connecticut grew by 35.5% from 2009 to 2024, reaching $56,563 in 2024. That's an average of about 3.5% per year.

New Britain has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. The gap has widened from 18% in 2009, the closest it has been, to 30% in 2024.

Year New Britain United States

Income Distribution in New Britain

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

Households by income, 2024

New Britain
United States

Income range calculator

About 5,402 households (25.0% of all households) have an income of $100,000 or more.

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

In 2024, 31.5% of households in New Britain had an income under $35,000 and 10.1% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., New Britain has a larger share of households earning $15,000 to $24,999 (9.9% vs 6.4%) and a smaller share earning $200,000 or more (4.7% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 1,530 7.1% 5.1%
$10,000 to $14,999 1,349 6.3% 3.5%
$15,000 to $24,999 2,131 9.9% 6.4%
$25,000 to $34,999 1,778 8.2% 6.7%
$35,000 to $49,999 2,831 13.1% 10.1%
$50,000 to $74,999 3,456 16.0% 15.5%
$75,000 to $99,999 3,095 14.3% 12.6%
$100,000 to $149,999 3,222 14.9% 17.4%
$150,000 to $199,999 1,159 5.4% 9.5%
$200,000 or more 1,021 4.7% 13.2%

Shares are of all 21,572 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 New Britain

Metric New Britain Connecticut Avg US Average
Gini Coefficient 0.541 0.536 0.552
Male Median Income $56,446 $85,321 $69,667
Female Median Income $46,686 $70,012 $56,850
Gender Pay Gap 17.3% 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 New Britain, it is 0.541, higher than Connecticut's 0.536, so income is less 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 21% more than women's income in New Britain, Connecticut. Over a 35-year career, a 21% wage gap accumulates to roughly $341,600 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 New Britain, Connecticut has widened from about 16% to 17% in 2024. Over that period the gap was widest at 19% in 2019, and was narrowest at 7% in 2022. In dollar terms, the gap has widened by $3,017 since 2009.

Sharply against the trend: the pay gap in New Britain widened by 1.3 points while Connecticut's narrowed by 6.3 points.

Year Male Income Female Income Gap %

Employment

Metric New Britain Connecticut Avg US Average
Unemployment Rate 8.3% 5.5% 5.2%
Working from Home 7.1% 16.2% 15.0%
Commute time (minutes) 18 22 22

Approximately 2,051 people are unemployed in New Britain, Connecticut.

The average commute time in New Britain is 18 minutes, shorter than the 22 minutes in Connecticut.

Unemployment Rate Over Time

New Britain
United States

Since 2011, the unemployment rate in New Britain, Connecticut has fallen from 12.9% to 8.3% in 2024. Over that period the rate peaked at 14.7% in 2012 and fell as low as 7.7% in 2019.

New Britain 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 2017, at 1.7 points higher. The gap has narrowed from 4.3 points in 2011 to 3.1 points in 2024.

Year New Britain United States

New Britain, CT Wealth Compared With Nearby Cities

New Britain, CT is the 3rd largest of the 5 cities compared here, 55,019 residents against a local median of 45,221. Where New Britain, CT breaks from the cities next to it is unemployment, sitting 118% above the local median of 3.8% at 8.3%. That is the weaker end of the local range on this measure.

Median household income tells the same story from another angle: $56,563 against a local median of $113,913, 50% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: New Britain, CT reads weaker than its neighbours on all of them. The cities themselves spread 7.3% on unemployment, so New Britain, CT sits at one end of an already wide local range rather than apart from it. New Britain, CT has the 4th lowest unemployment of the 5 areas compared here.

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.
New Britain, CT 55,019 $56,563 #4/5 3.5%/yr #4/5 8.3% #4/5 0.541 #4/5
Newington, CT 30,896 $104,398 3.4%/yr 3.6% 0.481
West Hartford, CT 59,547 $130,423 4.2%/yr 4.1% 0.504
Wethersfield, CT 24,159 $123,428 5.7%/yr 3.3% 0.481
Hartford, CT 116,992 $47,157 5.3%/yr 10.6% 0.576

Conclusion

Considering all these factors, New Britain, Connecticut has an overall wealth index grade of D, making it somewhat worse than Connecticut, and somewhat worse than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in New Britain, Connecticut.

How Rich Is New Britain, Connecticut?

New Britain has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $56,563, about 42% lower than the Connecticut average of $97,098.

Are incomes growing in New Britain, Connecticut?

Between 2009 and 2024, the median household income in New Britain, Connecticut rose 35%, from $41,753 to $56,563. Over the same years, income here lagged behind Connecticut as a whole: +35% against +41%.

What was the median household income in New Britain in 2023?

In 2023, the median household income in New Britain, Connecticut was $54,534, up 7% from $50,970 in 2022. The Connecticut median that year was $95,197.

What was the median household income in New Britain in 2020?

In 2020, the median household income in New Britain, Connecticut was $48,586. By 2024 it had risen 16% to $56,563.

How strong is the job market in New Britain, Connecticut?

Unemployment in New Britain, Connecticut is 8.3%, well above the Connecticut rate of 5.5%, so job seekers may face more competition than elsewhere.

What is the Gini coefficient in New Britain, Connecticut?

The Gini coefficient in New Britain is 0.541. 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 New Britain, Connecticut?

Since 2009, the income gap between men and women in New Britain, Connecticut has widened from about 16% to 17% in 2024. Over that period the gap was widest at 19% in 2019, and was narrowest at 7% in 2022. In dollar terms, the gap has widened by $3,017 since 2009.

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