Southwood Acres, Connecticut
Moving to or Living in Southwood Acres Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Southwood Acres, Connecticut
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Explore the life in Southwood Acres based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Southwood Acres, Connecticut
Is Southwood Acres, Connecticut a good place to live?
Southwood Acres is a city in Connecticut state in USA with a population of 8352 residents..
The poverty rate of Southwood Acres is 6.5%, which is 54% lower than national average.
The typical household in Southwood Acres earns $96932 a year, compared to the national median of $67,500.
Nearly 25.9% 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 Southwood Acres, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Southwood Acres remained 2.3%, which is 51% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Southwood Acres, only 38% of adults have a bachelor's degree and 28% have some college but no degree.
Cost of living in Southwood Acres is 115, which is 15% higher than national average. Median home value in Southwood Acres is $197400 , which is 14% lower than national average. While median income in Southwood Acres remained $96932, 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.
A high school education is a basic prerequisite for most jobs, and in Southwood Acres, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Southwood Acres remained 2.3%, which is 51% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Southwood Acres, only 38% of adults have a bachelor's degree and 28% have some college but no degree.
Cost of living in Southwood Acres is 115, which is 15% higher than national average. Median home value in Southwood Acres is $197400 , which is 14% lower than national average. While median income in Southwood Acres remained $96932, 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
8352
Unemployment
2.3%
Poverty
6.5%
Overall Score
7.5
Median Home
$197400
14%
NAT AVG.
Median Income
$96932
44%
NAT AVG.
Median Rent
$1447
25%
NAT AVG.
Cost Of Living
115
15%
NAT AVG.
People Living BPL
1 in 15
Unemployed People
1 in 43
People Earning < $10,000
1 in 30
People Earning < $50,000
25.9%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2.1
Pros & Cons Overview
Jobs90%
Housing85%
Affordability85%
Safety85%
Amenities85%
Diversity80%
Education85%
Commute80%
Cost of Living
Expense | Southwood Acres | Connecticut | National Avg. |
---|---|---|---|
Services | 118 | 121 | 100 |
Groceries | 106 | 108 | 100 |
Health | 107 | 112 | 100 |
Housing | 114 | 138 | 100 |
Transportation | 109 | 112 | 100 |
Utilities | 126 | 134 | 100 |
Cost of Living
Gender
Gender | Southwood Acres | Connecticut | Country |
---|---|---|---|
Female | 51.3% | 51.2% | 50.8% |
Male | 48.7% | 48.8% | 49.2% |
Gender
Household Income
Income | Southwood Acres | Connecticut | Country |
---|---|---|---|
Less than $10,000 | 3.3% | 4.9% | 5.8% |
$10,000 to $14,999 | 2.1% | 3.4% | 4.1% |
$15,000 to $24,999 | 4.2% | 6.8% | 8.5% |
$25,000 to $34,999 | 6.9% | 6.9% | 8.6% |
$35,000 to $49,999 | 9.4% | 10% | 12.0% |
$50,000 to $74,999 | 11.7% | 15.4% | 17.2% |
$75,000 to $99,999 | 14.4% | 12.2% | 12.8% |
$100,000 to $149,999 | 27.7% | 17.6% | 15.6% |
$150,000 to $199,999 | 12.7% | 9.6% | 7.1% |
$200,000 or more | 7.4% | 13.2% | 8.3% |
Education
Education | Southwood Acres | Connecticut | Country |
---|---|---|---|
< 9th Grade | 2% | 4% | 5.0% |
9-12th Grade | 4% | 5% | 7.0% |
High School or GED | 28% | 26% | 27.0% |
Other College | 19% | 17% | 20.0% |
Associate's Degree | 9% | 8% | 9% |
Bachelor's Degree | 24% | 22% | 20.0% |
Master's Degree | 12% | 13% | 9.0% |
Professional Degree | 1% | 3% | 2.0% |
Doctorate Degree | 1% | 2% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Southwood Acres | Connecticut | Country |
---|---|---|---|
White | 80% | 66% | 60.1% |
African American | 3% | 9.9% | 12.2% |
American Indian | 0% | 0.1% | 0.6% |
Asian | 2.6% | 4.5% | 5.6% |
Hawaiian | 0% | 0% | 0.2% |
Other | 0.1% | 0.4% | 0.3% |
Multiracial | 3.2% | 2.6% | 2.8% |
Hispanic | 11.1% | 16.4% | 18.2% |