Newington, Connecticut Income Statistics

Newington 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
    Newington Around average

Source: Map AI Methodology

Income Statistics Overview

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Metric Newington Connecticut Avg US Average
Median Household Income $104,398 $97,098 $80,455
Median Personal Income $74,727 $75,632 $60,758
Average Yearly Income Growth 3.4% 3.7% 4.8%
Six-Figure Earners 17.0% 18.8% 13.9%
$200k+ Households 16.6% 19.5% 13.2%

The median household income in Newington is about 8% higher than in Connecticut. Income has been growing slower in Newington (3.4%/yr) than in Connecticut (3.7%/yr).

About 17% of adults in Newington 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

Newington
United States

Median household income in Newington, Connecticut grew by 49.5% from 2009 to 2024, reaching $104,398 in 2024. That's an average of about 3.4% per year.

Newington has been far above the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2023, its income was 26% higher. The gap has narrowed from 37% in 2009 to 30% in 2024.

Year Newington United States

Income Distribution in Newington

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

Households by income, 2024

Newington
United States

Income range calculator

About 6,834 households (52.3% of all households) have an income of $100,000 or more.

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

In 2024, 13.5% of households in Newington had an income under $35,000 and 29.8% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Newington has a larger share of households earning $100,000 to $149,999 (22.4% vs 17.4%) and a smaller share earning $35,000 to $49,999 (6.1% vs 10.1%).

Household income Households Share U.S. share
Under $10,000 543 4.2% 5.1%
$10,000 to $14,999 159 1.2% 3.5%
$15,000 to $24,999 527 4.0% 6.4%
$25,000 to $34,999 537 4.1% 6.7%
$35,000 to $49,999 798 6.1% 10.1%
$50,000 to $74,999 1,920 14.7% 15.5%
$75,000 to $99,999 1,755 13.4% 12.6%
$100,000 to $149,999 2,932 22.4% 17.4%
$150,000 to $199,999 1,738 13.3% 9.5%
$200,000 or more 2,164 16.6% 13.2%

Shares are of all 13,073 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 Newington

Metric Newington Connecticut Avg US Average
Gini Coefficient 0.481 0.536 0.552
Male Median Income $80,180 $85,321 $69,667
Female Median Income $75,009 $70,012 $56,850
Gender Pay Gap 6.4% 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 Newington, it is 0.481, 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 7% more than women's income in Newington, Connecticut. Over a 35-year career, a 7% wage gap accumulates to roughly $180,985 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 Newington, Connecticut has narrowed from about 18% to 6% in 2024. Over that period the gap was widest at 18% in 2017. In dollar terms, the gap has narrowed by $5,098 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Newington Connecticut Avg US Average
Unemployment Rate 3.6% 5.5% 5.2%
Working from Home 14.4% 16.2% 15.0%
Commute time (minutes) 20 22 22

Approximately 644 people are unemployed in Newington, Connecticut.

The average commute time in Newington is 20 minutes, shorter than the 22 minutes in Connecticut.

Unemployment Rate Over Time

Newington
United States

Since 2011, the unemployment rate in Newington, Connecticut has fallen from 6.9% to 3.6% in 2024. Over that period the rate peaked at 7.8% in 2013 and fell as low as 3.1% in 2022.

Newington has stayed well below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. It came closest in 2018, at 0.7 points lower. The gap has held fairly steady over the period.

Year Newington United States

Newington, CT Wealth Compared With Nearby Cities

Newington, CT is the 4th largest of the 5 cities compared here, 30,896 residents against a local median of 57,283. Newington, CT's unemployment, at 3.6%, runs 43% below the 6.2% typical of the cities around it. That is the better end of the local range on this measure.

Income growth tells the same story from another angle: 3.4%/yr against a local median of 4.8%/yr, 29% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Newington, CT is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread 7.3% on unemployment, so Newington, CT sits at one end of an already wide local range rather than apart from it. Newington, CT has the 2nd 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.
Newington, CT 30,896 $104,398 #3/5 3.4%/yr #5/5 3.6% #2/5 0.481 #2/5
New Britain, CT 55,019 $56,563 3.5%/yr 8.3% 0.541
Wethersfield, CT 24,159 $123,428 5.7%/yr 3.3% 0.481
West Hartford, CT 59,547 $130,423 4.2%/yr 4.1% 0.504
Hartford, CT 116,992 $47,157 5.3%/yr 10.6% 0.576

Conclusion

Considering all these factors, Newington, Connecticut has an overall wealth index grade of B, making it somewhat better than Connecticut, and somewhat better than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Newington, Connecticut.

How Rich Is Newington, Connecticut?

Newington 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 $104,398, about 8% higher than the Connecticut average of $97,098.

How has median household income changed in Newington, Connecticut?

Between 2009 and 2024, the median household income in Newington, Connecticut rose 49%, from $69,842 to $104,398. Over the same years, income here outpaced Connecticut as a whole: +49% against +41%.

What was the median household income in Newington in 2023?

In 2023, the median household income in Newington, Connecticut was $98,584, down 2% from $100,285 in 2022. The Connecticut median that year was $95,197.

What was the median household income in Newington in 2020?

In 2020, the median household income in Newington, Connecticut was $84,579. By 2024 it had risen 23% to $104,398.

How strong is the job market in Newington, Connecticut?

Unemployment in Newington, Connecticut is only 3.6%, well below the Connecticut rate of 5.5%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Newington, Connecticut?

The Gini coefficient in Newington is 0.481. 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 Newington, Connecticut?

Since 2009, the income gap between men and women in Newington, Connecticut has narrowed from about 18% to 6% in 2024. Over that period the gap was widest at 18% in 2017. In dollar terms, the gap has narrowed by $5,098 since 2009.

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