Waterbury is a city in Connecticut state in USA with a population of 107841 residents.. The poverty rate of Waterbury is 21.3%, which is 52% higher than national average. The typical household in Waterbury earns $46329 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 53.3% 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 Waterbury, only 80% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Waterbury remained 9.3%, which is 98% higher than national rate. Nearly 2 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 Waterbury, only 17% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Waterbury is 104, which is 4% higher than national average. Median home value in Waterbury is $132700 , which is 42% lower than national average. While median income in Waterbury remained $46329, which is 31% lower than national average.