Everything You Need to Know About the City of Stamford Connecticut

In 2017, Stamford, Connecticut had a population of 129k people with a median age of 37 and a median household income of $84,893. Between 2016 and 2017 the population of Stamford, CT grew from 127,410 to 128,851, a 1.13% increase and its median household income grew from $81,634 to $84,893, a 3.99% increase.

The population of Stamford, CT is 49.4% White Alone, 26.5% Hispanic or Latino, and 13.6% Black or African American Alone. N/A% of the people in Stamford, CT speak a non-English language, and 79.4% are U.S. citizens.

The median property value in Stamford, CT is $516,000, and the homeownership rate is 54.3%. Most people in Stamford, CT commute by Drove Alone, and the average commute time is 26 minutes. The average car ownership in Stamford, CT is 2 cars per household.

Economy in Stamford

The economy of Stamford, CT employs 72.5k people and Stamford has an unemployment rate of 3.8%. Stamford has seen the job market decreased by -0.3% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%. The largest industries in Stamford, CT are Health Care & Social Assistance (9,847 people), Professional, Scientific, & Technical Services (8,897 people), and Finance & Insurance (8,164 people), and the highest paying industries are Management of Companies & Enterprises ($133,611), Finance & Insurance ($111,864), and Finance & Insurance, & Real Estate & Rental & Leasing ($102,162).

Households in Stamford, CT have a median annual income of $84,893, which is more than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $81,634 in 2016, which represents a 3.99% annual growth.