Income & Economy in New Preston, CT

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

Income Overview

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

Median Household Income

$60,526

-17% vs national

Per Capita Income

$60,480

+63% vs national

Poverty Rate

24.0%

+76% vs national

Gini Index

0.5706

0 = perfect equality

Unemployment

7.3%

+40% vs national

SNAP Recipients

0.0%

of households

How New Preston Compares

Source: Census ACS (2023)

New Preston vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. New Preston 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 New Preston. The median household income here is $60,526.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
23.0%
$25-50K
17.9%
$50-75K
17.9%
$75-100K
7.7%
$100-150K
5.7%
$150-200K
9.1%
$200K+
18.7%

Employment Snapshot

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

Unemployment Rate

7.3%

+46% vs CT avg

Labor Force

494

Employed

458

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+

43.5%

of adults 25+

High School Diploma+

61.4%

of adults 25+

Median Age

51.3

Work from Home

40.8%

of workers

The median household income in New Preston, CT is $60,526, which is 17.3% below the national average of $73,224. Per capita income is $60,480. The poverty rate of 24.0% is higher than the CT state average of 8.5%. The Gini index of income inequality is 0.5706, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.3%, compared to the state average of 5.0%. 43.5% of adults hold a bachelor's degree or higher.