Stamford, Connecticut Income Statistics
Stamford 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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B
Stamford Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Stamford | Connecticut Avg | US Average |
|---|---|---|---|
| Median Household Income | $113,199 | $97,098 | $80,455 |
| Median Personal Income | $86,530 | $75,632 | $60,758 |
| Average Yearly Income Growth | 3.9% | 3.7% | 4.8% |
| Six-Figure Earners | 25.2% | 18.8% | 13.9% |
| $200k+ Households | 24.3% | 19.5% | 13.2% |
The median household income in Stamford is about 17% higher than in Connecticut. Income has been growing faster in Stamford (3.9%/yr) than in Connecticut (3.7%/yr).
About 25% of adults in Stamford 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 Stamford, Connecticut grew by 47.5% from 2009 to 2024, reaching $113,199 in 2024. That's an average of about 3.9% per year.
Stamford has been far above the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2022, its income was 39% higher. The gap has narrowed from 50% in 2009 to 41% in 2024.
Income Distribution in Stamford
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 22,834 households (55.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 16.6% of households in Stamford had an income under $35,000 and 36.3% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Stamford has a larger share of households earning $200,000 or more (24.3% vs 13.2%) and a smaller share earning $50,000 to $74,999 (9.9% vs 15.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 1,637 | 4.0% | 5.1% |
| $10,000 to $14,999 | 1,195 | 2.9% | 3.5% |
| $15,000 to $24,999 | 1,975 | 4.8% | 6.4% |
| $25,000 to $34,999 | 2,021 | 4.9% | 6.7% |
| $35,000 to $49,999 | 2,593 | 6.3% | 10.1% |
| $50,000 to $74,999 | 4,075 | 9.9% | 15.5% |
| $75,000 to $99,999 | 4,847 | 11.8% | 12.6% |
| $100,000 to $149,999 | 7,899 | 19.2% | 17.4% |
| $150,000 to $199,999 | 4,919 | 11.9% | 9.5% |
| $200,000 or more | 10,016 | 24.3% | 13.2% |
Shares are of all 41,177 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 21,294 residents (25.2% 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 27.9% of residents who have any income.
In 2024, 9.7% of Stamford residents aged 15 and over reported no personal income, 24.2% had some income but less than $25,000, and 34.9% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Stamford has a larger share of residents earning $100,000 or more (25.2% vs 13.9%) and a smaller share with no personal income (9.7% vs 12.8%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 8,202 | 9.7% | 12.8% |
| $1 to $9,999 | 9,163 | 10.8% | 11.2% |
| $10,000 to $14,999 | 4,423 | 5.2% | 7.0% |
| $15,000 to $24,999 | 6,926 | 8.2% | 10.5% |
| $25,000 to $34,999 | 5,875 | 6.9% | 9.5% |
| $35,000 to $49,999 | 9,186 | 10.9% | 12.6% |
| $50,000 to $74,999 | 11,333 | 13.4% | 14.3% |
| $75,000 to $99,999 | 8,225 | 9.7% | 8.2% |
| $100,000 or more | 21,294 | 25.2% | 13.9% |
Shares are of the 84,627 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 9.7% 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 Stamford
| Metric | Stamford | Connecticut Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.521 | 0.536 | 0.552 |
| Male Median Income | $93,373 | $85,321 | $69,667 |
| Female Median Income | $85,179 | $70,012 | $56,850 |
| Gender Pay Gap | 8.8% | 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 Stamford, it is 0.521, 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 10% more than women's income in Stamford, Connecticut. Over a 35-year career, a 10% wage gap accumulates to roughly $286,790 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Stamford, Connecticut has narrowed from about 15% to 9% in 2024. Over that period the gap was widest at 17% in 2013. In dollar terms, the gap has narrowed by $1,827 since 2009.
Employment
| Metric | Stamford | Connecticut Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.2% | 5.5% | 5.2% |
| Working from Home | 19.6% | 16.2% | 15.0% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 2,362 people are unemployed in Stamford, Connecticut.
The average commute time in Stamford is 22 minutes, about the same as in Connecticut.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Stamford, Connecticut has fallen from 9.9% to 4.2% in 2024. Over that period the rate peaked at 11.2% in 2013.
Stamford started 1.2 points above the U.S. unemployment rate in 2011 but had dropped below it by 2023, and has not been above it since. In 2024 its rate was 1.0 point lower.
Conclusion
Considering all these factors, Stamford, 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 Stamford, Connecticut.
How Rich Is Stamford, Connecticut?
Stamford 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 $113,199, about 17% higher than the Connecticut average of $97,098.
Are incomes growing in Stamford, Connecticut?
Between 2009 and 2024, the median household income in Stamford, Connecticut rose 47%, from $76,760 to $113,199. Over the same years, income here outpaced Connecticut as a whole: +47% against +41%.
What was the median household income in Stamford in 2023?
In 2023, the median household income in Stamford, Connecticut was $109,630, up 6% from $103,828 in 2022. The Connecticut median that year was $95,197.
What was the median household income in Stamford in 2020?
In 2020, the median household income in Stamford, Connecticut was $104,583. By 2024 it had risen 8% to $113,199.
Do many residents of Stamford, Connecticut earn over $100,000?
Yes. 25% of adults in Stamford, Connecticut earn $100,000 or more a year (about 1 in 4), against 19% (about 1 in 5) in Connecticut. 24% of households have a combined income of $200,000 or more, compared with 19% in Connecticut.
Is unemployment high in Stamford, Connecticut?
Unemployment in Stamford, Connecticut is only 4.2%, 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 Stamford, Connecticut?
The Gini coefficient in Stamford is 0.521. 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 Stamford, Connecticut?
Since 2009, the income gap between men and women in Stamford, Connecticut has narrowed from about 15% to 9% in 2024. Over that period the gap was widest at 17% in 2013. In dollar terms, the gap has narrowed by $1,827 since 2009.
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