Income & Economy in Groton Long Point, CT

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$122,500

+67% vs national

Per Capita Income

$125,694

+238% vs national

Poverty Rate

10.8%

-21% vs national

Gini Index

0.5780

0 = perfect equality

Unemployment

9.0%

+72% vs national

SNAP Recipients

0.0%

of households

How Groton Long Point Compares

Source: Census ACS (2023)

Groton Long Point vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Groton Long Point is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Groton Long Point. The median household income here is $122,500.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
8.4%
$25-50K
10.3%
$50-75K
9.2%
$75-100K
10.7%
$100-150K
16.4%
$150-200K
10.7%
$200K+
34.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

9.0%

+79% vs CT avg

Labor Force

279

Employed

254

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

66.3%

of adults 25+

High School Diploma+

74.2%

of adults 25+

Median Age

61.1

Work from Home

7.2%

of workers

The median household income in Groton Long Point, CT is $122,500, which is 67.3% above the national average of $73,224. Per capita income is $125,694. The poverty rate of 10.8% is higher than the CT state average of 8.5%. The Gini index of income inequality is 0.5780, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 9.0%, compared to the state average of 5.0%. 66.3% of adults hold a bachelor's degree or higher.