New Haven, Connecticut Income Statistics
New Haven 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.
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D
New Haven Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | New Haven | Connecticut Avg | US Average |
|---|---|---|---|
| Median Household Income | $57,972 | $97,098 | $80,455 |
| Median Personal Income | $54,759 | $75,632 | $60,758 |
| Average Yearly Income Growth | 5.2% | 3.7% | 4.8% |
| Six-Figure Earners | 9.3% | 18.8% | 13.9% |
| $200k+ Households | 8.7% | 19.5% | 13.2% |
The median household income in New Haven is about 40% lower than in Connecticut. Income has been growing faster in New Haven (5.2%/yr) than in Connecticut (3.7%/yr).
About 9% of adults in New Haven 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 New Haven, Connecticut grew by 51.7% from 2009 to 2024, reaching $57,972 in 2024. That's an average of about 5.2% per year.
New Haven has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2010, at 23% lower. The gap has widened from 25% in 2009 to 28% in 2024.
Income Distribution in New Haven
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 11,591 households (27.8% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 32.2% of households in New Haven had an income under $35,000 and 15.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., New Haven has a larger share of households earning under $10,000 (9.8% vs 5.1%) and a smaller share earning $100,000 to $149,999 (12.6% vs 17.4%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 4,071 | 9.8% | 5.1% |
| $10,000 to $14,999 | 2,751 | 6.6% | 3.5% |
| $15,000 to $24,999 | 3,230 | 7.7% | 6.4% |
| $25,000 to $34,999 | 3,361 | 8.1% | 6.7% |
| $35,000 to $49,999 | 5,598 | 13.4% | 10.1% |
| $50,000 to $74,999 | 6,323 | 15.2% | 15.5% |
| $75,000 to $99,999 | 4,754 | 11.4% | 12.6% |
| $100,000 to $149,999 | 5,246 | 12.6% | 17.4% |
| $150,000 to $199,999 | 2,718 | 6.5% | 9.5% |
| $200,000 or more | 3,627 | 8.7% | 13.2% |
Shares are of all 41,680 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 7,847 residents (9.3% 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 10.9% of residents who have any income.
In 2024, 15.3% of New Haven residents aged 15 and over reported no personal income, 33.5% had some income but less than $25,000, and 16.8% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., New Haven has a larger share of residents earning $1 to $9,999 (14.4% vs 11.2%) and a smaller share earning $100,000 or more (9.3% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 12,921 | 15.3% | 12.8% |
| $1 to $9,999 | 12,165 | 14.4% | 11.2% |
| $10,000 to $14,999 | 7,325 | 8.6% | 7.0% |
| $15,000 to $24,999 | 8,907 | 10.5% | 10.5% |
| $25,000 to $34,999 | 7,361 | 8.7% | 9.5% |
| $35,000 to $49,999 | 11,561 | 13.7% | 12.6% |
| $50,000 to $74,999 | 10,244 | 12.1% | 14.3% |
| $75,000 to $99,999 | 6,353 | 7.5% | 8.2% |
| $100,000 or more | 7,847 | 9.3% | 13.9% |
Shares are of the 84,685 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 15.3% 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 New Haven
| Metric | New Haven | Connecticut Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.579 | 0.536 | 0.552 |
| Male Median Income | $62,363 | $85,321 | $69,667 |
| Female Median Income | $54,607 | $70,012 | $56,850 |
| Gender Pay Gap | 12.4% | 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 Haven, it is 0.579, 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 14% more than women's income in New Haven, Connecticut. Over a 35-year career, a 14% wage gap accumulates to roughly $271,460 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in New Haven, Connecticut has widened from about 9% to 12% in 2024. Over that period the gap was widest at 14% in 2014, and was narrowest at 4% in 2022. In dollar terms, the gap has widened by $4,035 since 2009.
Sharply against the trend: the pay gap in New Haven widened by 3.5 points while Connecticut's narrowed by 6.3 points.
Employment
| Metric | New Haven | Connecticut Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.6% | 5.5% | 5.2% |
| Working from Home | 12.8% | 16.2% | 15.0% |
| Commute time (minutes) | 18 | 22 | 22 |
Approximately 4,771 people are unemployed in New Haven, Connecticut.
The average commute time in New Haven is 18 minutes, shorter than the 22 minutes in Connecticut.
Unemployment Rate Over Time
Since 2011, the unemployment rate in New Haven, Connecticut has fallen from 12.3% to 8.6% in 2024. Over that period the rate peaked at 14.6% in 2013 and fell as low as 7.7% in 2023.
New Haven 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 2021, at 2.2 points higher. The gap has held fairly steady over the period.
New Haven, CT Wealth Compared With Nearby Cities
New Haven, CT is the largest of the 4 cities compared here, 103,945 residents against a local median of 24,302. New Haven, CT's unemployment, at 8.6%, runs 74% above the 4.9% typical of the cities around it. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $57,972 against a local median of $96,087, 40% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: New Haven, CT reads weaker than its neighbours on all of them. The cities themselves spread 6.1% on unemployment, so New Haven, CT sits at one end of an already wide local range rather than apart from it. New Haven, CT has the 4th lowest unemployment of the 4 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 Haven, CT | 103,945 | $57,972 #4/4 | 5.2%/yr #2/4 | 8.6% #4/4 | 0.579 #4/4 |
| West Haven, CT | 42,344 | $74,449 | 4.9%/yr | 8.1% | 0.558 |
| East Haven, CT | 21,764 | $96,087 | 5.1%/yr | 4.9% | 0.499 |
| North Haven, CT | 24,302 | $131,777 | 5.3%/yr | 2.0% | 0.496 |
Conclusion
Considering all these factors, New Haven, 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 Haven, Connecticut.
How Rich Is New Haven, Connecticut?
New Haven 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 $57,972, about 40% lower than the Connecticut average of $97,098.
Are incomes growing in New Haven, Connecticut?
Between 2009 and 2024, the median household income in New Haven, Connecticut rose 52%, from $38,222 to $57,972. Over the same years, income here outpaced Connecticut as a whole: +52% against +41%.
What was the median household income in New Haven in 2023?
In 2023, the median household income in New Haven, Connecticut was $54,056, up 1% from $53,613 in 2022. The Connecticut median that year was $95,197.
What was the median household income in New Haven in 2020?
In 2020, the median household income in New Haven, Connecticut was $46,484. By 2024 it had risen 25% to $57,972.
Is unemployment high in New Haven, Connecticut?
Unemployment in New Haven, Connecticut is 8.6%, well above the Connecticut rate of 5.5%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in New Haven, Connecticut?
The Gini coefficient in New Haven is 0.579. 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 New Haven, Connecticut?
Since 2009, the income gap between men and women in New Haven, Connecticut has widened from about 9% to 12% in 2024. Over that period the gap was widest at 14% in 2014, and was narrowest at 4% in 2022. In dollar terms, the gap has widened by $4,035 since 2009.
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