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The median household income in Cromwell town was $102,112 in 2021, which marked an an increase of 626(0.62%) from $101,486 in 2020. This income is 136.87% 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, Cromwell town sees its highest median household income among householders in the age group of 45 to 64 years old, at $131,832. Overall, the median household income for the town of Cromwell town stands at $102,112.
In Cromwell town, the median income for all workers aged 15 years and older, regardless of work hours, was $52,897 for males and $49,348 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $86,209 for males and $82,344 for females.
In Cromwell town, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $119,768, while Asian households represent the opposite end with the lowest median household income of $48,572.
In 2021, the population of Cromwell town was 14,302, a 0.41% increase year-by-year from 2020. Previously, in 2020, Cromwell town's population was 14,244, an increase of 2.87% compared to a population of 13,846 in 2019.
The median age in Cromwell, Connecticut is 42.3, as per 2021 ACS 5-Year Estimates. Of the total population, 16.54% were under the age of 15, 15.27% aged 15 to 29, 47.53% aged 30 to 64, 16.71% aged 65 to 84, and 3.95% were 85 years of age and older.
The total population of Cromwell town is estimated to be 14,252 with 7,262 males (50.95%) and 6,990 females (49.05%). There are 272 less females than males in Cromwell town.
Racial distribution of Cromwell town population: 82.99% are White, 6.01% are Black or African American, 0.27% are American Indian and Alaska Native, 4.34% are Asian, 0.41% are some other race and 5.97% are multiracial.