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

Is Riverside, Connecticut a good place to live?
Riverside is a city in Connecticut state in USA with a population of 8855 residents.. The poverty rate of Riverside is 4.2%, which is 70% lower than national average. The typical household in Riverside earns $235893 a year, compared to the national median of $67,500. Nearly 13.8% 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 Riverside, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Riverside remained 5.4%, which is 15% 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 Riverside, only 80% of adults have a bachelor's degree and 10% have some college but no degree.

Cost of living in Riverside is 242, which is 142% higher than national average. Median home value in Riverside is $1527400 , which is 565% higher than national average. While median income in Riverside remained $235893, which is 249% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
8855
Unemployment
5.4%
15% NAT AVG.
Poverty
4.2%
70% NAT AVG.
Overall Score
7
Median Home Cost
$1527400
565% NAT AVG.
Median Income
$235893
249% NAT AVG.
Median Rent
$2383
105% NAT AVG.
Cost Of Living
242
142% NAT AVG.
People Living BPL
1 in 24
Unemployed People
1 in 19
People Earning < $10,000
1 in 38
People Earning < $50,000
13.8%
People with <= High School
1 in 10
People With Any Degree
1 in 1.2
Pros & Cons Overview

Jobs85%

Housing100%

Affordability70%

Safety85%

Amenities85%

Diversity85%

Education95%

Commute30%