Income & Economy in South Coventry, CT

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

Income Overview

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

Median Household Income

$103,466

+41% vs national

Per Capita Income

$50,593

+36% vs national

Poverty Rate

4.9%

-64% vs national

Gini Index

0.3603

0 = perfect equality

Unemployment

2.4%

-54% vs national

SNAP Recipients

12.4%

of households

How South Coventry Compares

Source: Census ACS (2023)

South Coventry vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. South Coventry 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 South Coventry. The median household income here is $103,466.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
10.9%
$25-50K
7.2%
$50-75K
15.3%
$75-100K
7.5%
$100-150K
33.2%
$150-200K
10.6%
$200K+
15.3%

Employment Snapshot

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

Unemployment Rate

2.4%

-52% vs CT avg

Labor Force

705

Employed

688

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+

34.2%

of adults 25+

High School Diploma+

55.3%

of adults 25+

Median Age

54.7

Work from Home

6.3%

of workers

The median household income in South Coventry, CT is $103,466, which is 41.3% above the national average of $73,224. Per capita income is $50,593. The poverty rate of 4.9% is lower than the CT state average of 8.5%. The Gini index of income inequality is 0.3603, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.4%, compared to the state average of 5.0%. 34.2% of adults hold a bachelor's degree or higher.