Is Lake Pocotopaug, Connecticut a Good Place To Live? - Living In Lake Pocotopaug, CT

Is Lake Pocotopaug, Connecticut a good place to live?
Lake Pocotopaug is a city in Connecticut state in USA with a population of 3117 residents.. The poverty rate of Lake Pocotopaug is 6.4%, which is 54% lower than national average. The typical household in Lake Pocotopaug earns $74269 a year, compared to the national median of $67,500. Nearly 28.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lake Pocotopaug, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lake Pocotopaug remained 6.4%, which is 36% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lake Pocotopaug, only 42% of adults have a bachelor's degree and 21% have some college but no degree.

Cost of living in Lake Pocotopaug is 0, which is 100% lower than national average. Median home value in Lake Pocotopaug is $268600 , which is 17% higher than national average. While median income in Lake Pocotopaug remained $74269, which is 10% higher than national average.
Population
3117
Unemployment
6.4%
36% NAT AVG.
Poverty
6.4%
54% NAT AVG.
Overall Score
6
Median Home Cost
$268600
17% NAT AVG.
Median Income
$74269
10% NAT AVG.
Median Rent
$1240
7% NAT AVG.
People Living BPL
1 in 16
Unemployed People
1 in 16
People Earning < $10,000
1 in 40
People Earning < $50,000
28.7%
People with <= High School
1 in 2.7
People With Any Degree
1 in 2.1
Pros & Cons Overview

Jobs80%

Housing85%

Affordability60%

Safety60%

Amenities60%

Diversity60%

Education85%

Commute50%