Norwich, Connecticut Income Statistics

Norwich 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.

  • C
    Norwich Below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Norwich Connecticut Avg US Average
Median Household Income $71,032 $97,098 $80,455
Median Personal Income $56,820 $75,632 $60,758
Average Yearly Income Growth 4.0% 3.7% 4.8%
Six-Figure Earners 9.9% 18.8% 13.9%
$200k+ Households 8.1% 19.5% 13.2%

The median household income in Norwich is about 27% lower than in Connecticut. Income has been growing faster in Norwich (4.0%/yr) than in Connecticut (3.7%/yr).

About 10% of adults in Norwich 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

Norwich
United States

Median household income in Norwich, Connecticut grew by 41.1% from 2009 to 2024, reaching $71,032 in 2024. That's an average of about 4.0% per year.

Norwich has been below the U.S. median household income in most years since 2009, but briefly rose above it in 2010 (0.9% higher). In 2024 its income was 12% lower.

Year Norwich United States

Income Distribution in Norwich

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

Households by income, 2024

Norwich
United States

Income range calculator

About 4,973 households (34.1% of all households) have an income of $100,000 or more.

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

In 2024, 23.7% of households in Norwich had an income under $35,000 and 15.7% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Norwich has a larger share of households earning $35,000 to $49,999 (13.5% vs 10.1%) and a smaller share earning $200,000 or more (8.1% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 741 5.1% 5.1%
$10,000 to $14,999 399 2.7% 3.5%
$15,000 to $24,999 1,237 8.5% 6.4%
$25,000 to $34,999 1,087 7.5% 6.7%
$35,000 to $49,999 1,976 13.5% 10.1%
$50,000 to $74,999 2,246 15.4% 15.5%
$75,000 to $99,999 1,927 13.2% 12.6%
$100,000 to $149,999 2,677 18.4% 17.4%
$150,000 to $199,999 1,121 7.7% 9.5%
$200,000 or more 1,175 8.1% 13.2%

Shares are of all 14,586 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 Norwich

Metric Norwich Connecticut Avg US Average
Gini Coefficient 0.513 0.536 0.552
Male Median Income $72,678 $85,321 $69,667
Female Median Income $51,006 $70,012 $56,850
Gender Pay Gap 29.8% 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 Norwich, it is 0.513, 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 42% more than women's income in Norwich, Connecticut. Over a 35-year career, a 42% wage gap accumulates to roughly $758,520 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 Norwich, Connecticut has widened from about 15% to 30% in 2024. Over that period the gap was widest at 33% in 2023. In dollar terms, the gap has widened by $14,715 since 2009.

Sharply against the trend: the pay gap in Norwich widened by 14.5 points while Connecticut's narrowed by 6.3 points.

Year Male Income Female Income Gap %

Employment

Metric Norwich Connecticut Avg US Average
Unemployment Rate 6.8% 5.5% 5.2%
Working from Home 7.4% 16.2% 15.0%
Commute time (minutes) 22 22 22

Approximately 1,102 people are unemployed in Norwich, Connecticut.

The average commute time in Norwich is 22 minutes, about the same as in Connecticut.

Unemployment Rate Over Time

Norwich
United States

Since 2011, the unemployment rate in Norwich, Connecticut has fallen from 8.3% to 6.8% in 2024. Over that period the rate peaked at 11.5% in 2013 and fell as low as 5.3% in 2021.

Norwich has crossed the U.S. unemployment rate 3 times since 2011, most recently moving above it by 2022. In 2024 its rate was 1.6 points higher.

Year Norwich United States

Conclusion

Considering all these factors, Norwich, Connecticut has an overall wealth index grade of C, making it somewhat worse than Connecticut, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Norwich, Connecticut.

How Rich Is Norwich, Connecticut?

Norwich has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $71,032, about 27% lower than the Connecticut average of $97,098.

How fast is household income rising in Norwich, Connecticut?

Between 2009 and 2024, the median household income in Norwich, Connecticut rose 41%, from $50,343 to $71,032. Over the same years, income here kept pace with Connecticut as a whole: +41% against +41%.

What was the median household income in Norwich in 2023?

In 2023, the median household income in Norwich, Connecticut was $70,065, up 8% from $64,835 in 2022. The Connecticut median that year was $95,197.

What was the median household income in Norwich in 2020?

In 2020, the median household income in Norwich, Connecticut was $58,827. By 2024 it had risen 21% to $71,032.

What is the Gini coefficient in Norwich, Connecticut?

The Gini coefficient in Norwich is 0.513. 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 Norwich, Connecticut?

Since 2009, the income gap between men and women in Norwich, Connecticut has widened from about 15% to 30% in 2024. Over that period the gap was widest at 33% in 2023. In dollar terms, the gap has widened by $14,715 since 2009.

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