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The median household income in Montville town was $91,063 in 2021, which marked an a decrease of 455(0.50%) from $91,518 in 2020. This income is 122.06% 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, Montville town sees its highest median household income among householders in the age group of 45 to 64 years old, at $112,293. Overall, the median household income for the town of Montville town stands at $91,063.
In Montville town, the median income for all workers aged 15 years and older, regardless of work hours, was $47,326 for males and $34,898 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,683 for males and $55,534 for females.
In Montville town, the demographic landscape is diverse, spanning 6 distinct racial categories among households. Among these, Black or African American households have the highest median household income at $113,243, while American Indian and Alaska Native households represent the opposite end with the lowest median household income of $51,343.
In 2021, the population of Montville town was 18,478, a 0.16% increase year-by-year from 2020. Previously, in 2020, Montville town's population was 18,448, a decline of 0.65% compared to a population of 18,569 in 2019.
The median age in Montville, Connecticut is 42.6, as per 2021 ACS 5-Year Estimates. Of the total population, 13.42% were under the age of 15, 21.49% aged 15 to 29, 49.27% aged 30 to 64, 13.61% aged 65 to 84, and 2.20% were 85 years of age and older.
The total population of Montville town is estimated to be 18,607 with 10,203 males (54.83%) and 8,404 females (45.17%). There are 1,799 less females than males in Montville town.
Racial distribution of Montville town population: 78.70% are White, 7.57% are Black or African American, 1.21% are American Indian and Alaska Native, 3.47% are Asian, 3.86% are some other race and 5.19% are multiracial.