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

Is Stamford, Connecticut a good place to live?
Stamford is a city in Connecticut state in USA with a population of 130057 residents.. The poverty rate of Stamford is 9.1%, which is 35% lower than national average. The typical household in Stamford earns $96885 a year, compared to the national median of $67,500. Nearly 28% 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 Stamford, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Stamford remained 5.8%, which is 23% 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 Stamford, only 52% of adults have a bachelor's degree and 18% have some college but no degree.

Cost of living in Stamford is 154, which is 54% higher than national average. Median home value in Stamford is $541600 , which is 136% higher than national average. While median income in Stamford remained $96885, which is 44% 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
130057
Unemployment
5.8%
23% NAT AVG.
Poverty
9.1%
35% NAT AVG.
Overall Score
8.5
Median Home Cost
$541600
136% NAT AVG.
Median Income
$96885
44% NAT AVG.
Median Rent
$1877
62% NAT AVG.
Cost Of Living
154
54% NAT AVG.
People Living BPL
1 in 11
Unemployed People
1 in 17
People Earning < $10,000
1 in 26
People Earning < $50,000
28%
People with <= High School
1 in 3.3
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs80%

Housing95%

Affordability40%

Safety80%

Amenities95%

Diversity100%

Education80%

Commute60%