Pros and Cons of Living In Stamford, Connecticut. Is Stamford, CT a Nice Place To Live or Retire?

Stamford, Connecticut

Moving to Stamford In Connecticut ? Is Stamford, CT a Nice Place To Live? Pros and Cons of Living in Stamford, Connecticut. Find out the best and worst about to live, raise a family or retire in Stamford.

Stamford () is a city in Fairfield County, Connecticut, United States, 34 miles (55 kilometers) outside of New York City. It is the sixth-most populous city in New England. Stamford is also the largest city in the Western Connecticut Planning Region, and Connecticut's second-most populous city, behind Bridgeport. With a population of 135,470, Stamford passed Hartford and New Haven in population as of the 2020 census. It is in the Bridgeport-Stamford-Norwalk-Danbury metropolitan statistical area, which is part of the New York City metropolitan area (specifically, the New York–Newark, NY–NJ–CT–PA Combined Statistical Area).

As of 2023, Stamford is home to eight Fortune 500 companies and numerous divisions of large...

DEMOGRAPHICS

Population
130057
Unemployment
5.8%
23% NAT AVG.
Poverty
9.1%
35% NAT AVG.
Cost Of Living
154
54% NAT AVG.

ECONOMICS

Median Home Cost
$541600
136% NAT AVG.
Median Income
$96885
44% NAT AVG.
Median Rent
$1877
62% NAT AVG.
Overall Score
8.5

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 11
Unemployed People
1 in 17
People Earning < $10,000
1 in 26
People Earning < $50,000
28%
People With Any Degree
1 in 1.8

ETHNICITY

Ethnicity Stamford USA
White 48.7% 60.1%
African American 13.1% 12.2%
American Indian 0.1% 0.6%
Asian 8.6% 5.6%
Hawaiian 0% 0.2%
Multiracial 2% 2.8%
Hispanic 27.1% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Stamford USA
Less than $10,000 3.8% 5.8%
$10,000 to $14,999 3% 4.1%
$15,000 to $24,999 6.1% 8.5%
$25,000 to $34,999 5.7% 8.6%
$35,000 to $49,999 9.4% 12.0%
$50,000 to $74,999 13% 17.2%
$75,000 to $99,999 10.3% 12.8%
$100,000 to $149,999 18.6% 15.6%
$150,000 to $199,999 10.6% 7.1%

EDUCATION

Education Stamford USA
< 9th Grade 7% 5.0%
9-12th Grade 4% 7.0%
High School or GED 19% 27.0%
Other College 13% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 29% 20.0%
Master's Degree 16% 9.0%
Professional Degree 5% 2.0%
Doctorate Degree 2% 1.0%
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. 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.

Cost of living in Stamford is 154, which is 54% higher than national average. In Stamford, only 52% of adults have a bachelor's degree and 18% have some college but no degree. 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.
Stamford Scorecard

Jobs80%

Housing95%

Affordability40%

Safety80%

Amenities95%

Diversity100%

Education80%

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