Income & Economy in Niantic, CT

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

Income Overview

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

Median Household Income

$82,604

+13% vs national

Per Capita Income

$52,167

+40% vs national

Poverty Rate

3.7%

-73% vs national

Gini Index

0.4046

0 = perfect equality

Unemployment

1.4%

-73% vs national

SNAP Recipients

4.0%

of households

How Niantic Compares

Source: Census ACS (2023)

Niantic vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Niantic 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 Niantic. The median household income here is $82,604.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
8.5%
$25-50K
14.8%
$50-75K
23.5%
$75-100K
12.3%
$100-150K
17.6%
$150-200K
6.5%
$200K+
16.8%

Employment Snapshot

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

Unemployment Rate

1.4%

-72% vs CT avg

Labor Force

1,626

Employed

1,603

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+

39.3%

of adults 25+

High School Diploma+

58.9%

of adults 25+

Median Age

57.3

Work from Home

17.0%

of workers

The median household income in Niantic, CT is $82,604, which is 12.8% above the national average of $73,224. Per capita income is $52,167. The poverty rate of 3.7% is lower than the CT state average of 8.5%. The Gini index of income inequality is 0.4046, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.4%, compared to the state average of 5.0%. 39.3% of adults hold a bachelor's degree or higher.