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The median household income in Cornwall town was $102,783 in 2021, which marked an an increase of 577(0.56%) from $102,206 in 2020. This income is 137.77% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Cornwall town sees its highest median household income among householders in the age group of 45 to 64 years old, at $111,807. Overall, the median household income for the town of Cornwall town stands at $102,783.
In Cornwall town, the median income for all workers aged 15 years and older, regardless of work hours, was $66,206 for males and $35,557 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $95,480 for males and $79,717 for females.
In Cornwall town, population is primarily represented by White households, reporting a median income of $103,556.
In 2021, the population of Cornwall town was 1,571, a 0.19% decrease year-by-year from 2020. Previously, in 2020, Cornwall town's population was 1,574, an increase of 15.65% compared to a population of 1,361 in 2019.
The median age in Cornwall, Connecticut is 53.9, as per 2021 ACS 5-Year Estimates. Of the total population, 10.30% were under the age of 15, 13.05% aged 15 to 29, 48.08% aged 30 to 64, 26.11% aged 65 to 84, and 2.47% were 85 years of age and older.
The total population of Cornwall town is estimated to be 1,379 with 676 males (49.02%) and 703 females (50.98%). There are 27 more females than males in Cornwall town.
Racial distribution of Cornwall town population: 92.31% are White, 0.58% are Black or African American, 4.35% are Asian, 0.22% are some other race and 2.54% are multiracial.