Stamford Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Stamford, Connecticut? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Stamford, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Stamford is $100,718.00.

The chart below shows the average household income by age in Stamford.

  • Under 25
    $76,221.00
  • 25 to 44
    $109,806.00
  • 45 to 64
    $114,503.00
  • 65 and over
    $69,187.00

Average Household Income

A very commonly asked question is "what is the average household income in Stamford, Connecticut?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Stamford is $147,572.00.

21.46% of households in Stamford, Connecticut are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Stamford but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Stamford

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Stamford, Connecticut easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    13.48%
  • $25,000 to $49,999
    13.92%
  • $50,000 to $74,999
    11.52%
  • $75,000 to $99,999
    10.84%
  • $100,000 to $149,999
    17.57%
  • $150,000 to $199,999
    11.21%
  • $200,000 or more
    21.46%

Per Capita Income

The per capita income is the average income of all people in Stamford, Connecticut. This is calculated by dividing the total income of all people in Stamford by the total number of people in Stamford.

It differs from the average or mean household income because it includes all people in Stamford and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Stamford, Connecticut is $60,109.00.

Population in Stamford by Race and Ethnicity

The total population in Stamford is currently 135,413 people.

The race and ethnicity of the population in Stamford can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Stamford, Connecticut.

  • 23.00% White
    31,141
  • 70.20% Black/African American
    95,028
  • 42.30% Native
    57,215
  • 19.20% Hispanic
    26,050
  • 18.00% Asian
    24,415
  • 0.10% Hawaiian/Pacific Islander
    117
  • 0.00% Two or more races
    22
  • 6.90% Other
    9,406

Population of Stamford by Age and Gender

Another very important demographics statistic for Stamford, Connecticut is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 7,443 7,311
10 to 19 Years 7,330 7,002
20 to 29 Years 11,449 10,745
30 to 39 Years 9,958 11,325
40 to 49 Years 7,991 7,850
50 to 59 Years 8,977 9,353
60 to 69 Years 7,401 7,649
70 Years and over 5,563 8,066

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Stamford, Connecticut.

  • Master's degree or higher
    22.65%
  • Bachelor's degree
    43.14%
  • Some college or associate's degree
    6.40%
  • High school diploma or equivalent
    25.42%
  • Less than high school diploma
    2.39%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Stamford because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Stamford look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Stamford, Connecticut that are over the age of 16.

The current population in Stamford that are over the age of 16 is 111,699 people.

The unemployment rate in Stamford is 5.50%, which means 4,379 people are unemployed.

Median Age in Stamford

The median age is an interesting metric because it gives us an idea of the age distribution of people in Stamford, Connecticut. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Stamford is 37.6 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Stamford

37.6

Total

36.7

Male

38.3

Female

Households and Families

There are a total of 53,520 households in Stamford, and the average household size is 2.5 people.

For families, the total number is 33,003, and the average family size is 3.11 people.

7.30% of those families in Stamford, Connecticut are living below the poverty line.

The table below shows the poverty thresholds for Stamford in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Stamford, Connecticut for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 23,580 2,442 6,981 20,517
Average Household Size 3.2 3.38 3.32 1.33
Total Families 23,580 2,442 6,981 0
Average Household Size 3.16 2.88 3.03 0

Housing Data in Stamford

There are total of 57,319 housing units in Stamford, Connecticut. Of those units, 53,520 (93.37%) are occupied, and 3,799 (6.63%) are vacant.

Rental Rates

Of the 57,319 housing units in Stamford, 28,249 (49.28%) are occupied by renters. The median rent paid by renters is $2,129.00.

Owner occupied housing units make up the remaining 42.99% of housing units, with 24,644 housing units in total.

The table below breaks down how much rent is paid by renters in Stamford, Connecticut.

  • No rent paid
    627
  • Less than $500
    1,594
  • $500 to $999
    1,841
  • $1,000 to $1,499
    3,931
  • $1,500 to $1,999
    5,001
  • $2,000 to $2,499
    6,832
  • $2,500 to $2,999
    4,409
  • $3,000 or more
    4,641

Property Values

The median value of a property in Stamford is $584,700.00.

The table below breaks down the range of valuations for all properties in Stamford.

  • Less than $50,000
    238
  • $50,000 to $99,999
    188
  • $100,000 to $149,999
    97
  • $150,000 to $199,999
    843
  • $200,000 to $299,999
    2,009
  • $300,000 to $499,999
    6,214
  • $500,000 to $999,999
    12,419
  • $1,000,000 or more
    2,636

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Stamford, Connecticut.

  • 1939 or earlier
    8,214
  • 1940 to 1949
    3,217
  • 1950 to 1959
    8,154
  • 1960 to 1969
    8,241
  • 1970 to 1979
    7,209
  • 1980 to 1989
    7,004
  • 1990 to 1999
    3,645
  • 2000 to 2009
    4,336
  • 2010 to 2013
    7,057
  • 2014 or later
    242

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Stamford has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    5,021
  • 1 vehicle available
    22,661
  • 2 vehicles available
    17,741
  • 3 or more vehicles available
    8,097

Commuting to Work in Stamford

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Stamford, Connecticut, how they commute, and how that correlates to other data points.

The average travel time is 27.8 minutes, and the chart below covers the range of travel times across the population of Stamford.

  • Less than 5 minutes
    1,384
  • 5 to 9 minutes
    5,016
  • 10 to 14 minutes
    9,375
  • 15 to 19 minutes
    10,164
  • 20 to 24 minutes
    10,590
  • 25 to 29 minutes
    4,093
  • 30 to 34 minutes
    7,369
  • 35 to 39 minutes
    1,926
  • 40 to 44 minutes
    2,314
  • 45 to 59 minutes
    3,575
  • 60 to 89 minutes
    4,805
  • 90 or more minutes
    3,141

We can also look at the means of transport in Stamford to see which modes of transport people are using to commute to work.

  • Drove alone
    45,403
  • Carpooled
    5,710
  • Public transportation
    7,311
  • Walked
    3,832
  • Other means
    1,496
  • Worked from home
    10,442

Conclusion

Hopefully this article has given you the demographics data you were looking for in Stamford, Connecticut.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Stamford.

Link To or Reference This Page

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  • "Stamford Average Income, Population and Demographics". NameCensus.com. Accessed on June 20, 2024. https://namecensus.com/demographics/connecticut/fairfield-county/stamford/.

  • "Stamford Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/connecticut/fairfield-county/stamford/. Accessed 20 June, 2024

  • Stamford Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/connecticut/fairfield-county/stamford/.