Shelton, Connecticut Income Statistics
Shelton 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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A
Shelton Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Shelton | Connecticut Avg | US Average |
|---|---|---|---|
| Median Household Income | $113,775 | $97,098 | $80,455 |
| Median Personal Income | $77,340 | $75,632 | $60,758 |
| Average Yearly Income Growth | 3.5% | 3.7% | 4.8% |
| Six-Figure Earners | 19.9% | 18.8% | 13.9% |
| $200k+ Households | 23.8% | 19.5% | 13.2% |
The median household income in Shelton is about 17% higher than in Connecticut. Income has been growing slower in Shelton (3.5%/yr) than in Connecticut (3.7%/yr).
About 20% of adults in Shelton earn six figures ($100,000 or more) a year, higher than the Connecticut average of 19%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Shelton, Connecticut grew by 41.9% from 2009 to 2024, reaching $113,775 in 2024. That's an average of about 3.5% per year.
Shelton has been far above the U.S. median household income in every year from 2009 to 2024. The gap has narrowed from 57% in 2009 to 41% in 2024, the closest it has been.
Income Distribution in Shelton
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 6,549 households (56.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 14.7% of households in Shelton had an income under $35,000 and 35.5% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Shelton has a larger share of households earning $200,000 or more (23.8% vs 13.2%) and a smaller share earning $50,000 to $74,999 (9.3% vs 15.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 418 | 3.6% | 5.1% |
| $10,000 to $14,999 | 375 | 3.2% | 3.5% |
| $15,000 to $24,999 | 388 | 3.3% | 6.4% |
| $25,000 to $34,999 | 525 | 4.5% | 6.7% |
| $35,000 to $49,999 | 1,017 | 8.8% | 10.1% |
| $50,000 to $74,999 | 1,073 | 9.3% | 15.5% |
| $75,000 to $99,999 | 1,241 | 10.7% | 12.6% |
| $100,000 to $149,999 | 2,441 | 21.1% | 17.4% |
| $150,000 to $199,999 | 1,353 | 11.7% | 9.5% |
| $200,000 or more | 2,755 | 23.8% | 13.2% |
Shares are of all 11,586 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).
Residents 15+ by personal income, 2024
Income range calculator
About 4,820 residents (19.9% 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 22.2% of residents who have any income.
In 2024, 10.5% of Shelton residents aged 15 and over reported no personal income, 23.0% had some income but less than $25,000, and 32.1% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Shelton has a larger share of residents earning $100,000 or more (19.9% vs 13.9%) and a smaller share earning $1 to $9,999 (8.5% vs 11.2%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 2,557 | 10.5% | 12.8% |
| $1 to $9,999 | 2,059 | 8.5% | 11.2% |
| $10,000 to $14,999 | 1,384 | 5.7% | 7.0% |
| $15,000 to $24,999 | 2,129 | 8.8% | 10.5% |
| $25,000 to $34,999 | 1,665 | 6.9% | 9.5% |
| $35,000 to $49,999 | 2,599 | 10.7% | 12.6% |
| $50,000 to $74,999 | 4,072 | 16.8% | 14.3% |
| $75,000 to $99,999 | 2,981 | 12.3% | 8.2% |
| $100,000 or more | 4,820 | 19.9% | 13.9% |
Shares are of the 24,266 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 10.5% 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 Shelton
| Metric | Shelton | Connecticut Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.508 | 0.536 | 0.552 |
| Male Median Income | $86,914 | $85,321 | $69,667 |
| Female Median Income | $77,240 | $70,012 | $56,850 |
| Gender Pay Gap | 11.1% | 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 Shelton, it is 0.508, 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 13% more than women's income in Shelton, Connecticut. Over a 35-year career, a 13% wage gap accumulates to roughly $338,590 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Shelton, Connecticut has narrowed from about 28% to 11% in 2024. Over that period the gap was widest at 32% in 2012. In dollar terms, the gap has narrowed by $9,429 since 2009.
Employment
| Metric | Shelton | Connecticut Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.8% | 5.5% | 5.2% |
| Working from Home | 13.6% | 16.2% | 15.0% |
| Commute time (minutes) | 23 | 22 | 22 |
Approximately 749 people are unemployed in Shelton, Connecticut.
The average commute time in Shelton is 23 minutes, longer than the 22 minutes in Connecticut.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Shelton, Connecticut has fallen from 6.8% to 4.8% in 2024. Over that period the rate peaked at 9.1% in 2013.
Shelton has been below the U.S. unemployment rate in most years since 2011, but rose above it in 2016-2017, 2019 and 2022-2023. In 2024 its rate was 0.4 points lower.
Conclusion
Considering all these factors, Shelton, Connecticut has an overall wealth index grade of A, making it somewhat better than Connecticut, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Shelton, Connecticut.
How Rich Is Shelton, Connecticut?
Shelton has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $113,775, about 17% higher than the Connecticut average of $97,098.
How fast is household income rising in Shelton, Connecticut?
Between 2009 and 2024, the median household income in Shelton, Connecticut rose 42%, from $80,205 to $113,775. Over the same years, income here kept pace with Connecticut as a whole: +42% against +41%.
What was the median household income in Shelton in 2023?
In 2023, the median household income in Shelton, Connecticut was $115,067, up 3% from $111,975 in 2022. The Connecticut median that year was $95,197.
What was the median household income in Shelton in 2020?
In 2020, the median household income in Shelton, Connecticut was $97,061. By 2024 it had risen 17% to $113,775.
What is the Gini coefficient in Shelton, Connecticut?
The Gini coefficient in Shelton is 0.508. 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 Shelton, Connecticut?
Since 2009, the income gap between men and women in Shelton, Connecticut has narrowed from about 28% to 11% in 2024. Over that period the gap was widest at 32% in 2012. In dollar terms, the gap has narrowed by $9,429 since 2009.
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