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The median household income in Guilford town was $124,490 in 2021, which marked an an increase of 1,835(1.50%) from $122,655 in 2020. This income is 166.86% 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, Guilford town sees its highest median household income among householders in the age group of 25 to 44 years old, at $156,814. Overall, the median household income for the town of Guilford town stands at $124,490.
In Guilford town, the median income for all workers aged 15 years and older, regardless of work hours, was $71,510 for males and $46,665 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $114,112 for males and $88,006 for females.
In Guilford 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 $270,229, while Black or African American households represent the opposite end with the lowest median household income of $55,397.
In 2021, the population of Guilford town was 22,031, a 0.04% decrease year-by-year from 2020. Previously, in 2020, Guilford town's population was 22,040, a decline of 0.32% compared to a population of 22,111 in 2019.
The median age in Guilford, Connecticut is 48.9, as per 2021 ACS 5-Year Estimates. Of the total population, 16.61% were under the age of 15, 12.81% aged 15 to 29, 45.71% aged 30 to 64, 22.17% aged 65 to 84, and 2.69% were 85 years of age and older.
The total population of Guilford town is estimated to be 22,113 with 11,331 males (51.24%) and 10,782 females (48.76%). There are 549 less females than males in Guilford town.
Racial distribution of Guilford town population: 90.26% are White, 2.45% are Black or African American, 4.21% are Asian, 0.54% are some other race and 2.55% are multiracial.