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The median household income in Stonington town was $98,058 in 2021, which marked an a decrease of 7,720(7.30%) from $105,778 in 2020. This income is 131.43% 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, Stonington town sees its highest median household income among householders in the age group of 45 to 64 years old, at $112,311. Overall, the median household income for the town of Stonington town stands at $98,058.
In Stonington town, the median income for all workers aged 15 years and older, regardless of work hours, was $70,185 for males and $36,928 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $93,196 for males and $67,407 for females.
In Stonington town, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $264,884, followed by Asian households at $111,780, and White households with a median household income of $96,173.
In 2021, the population of Stonington town was 18,427, a 0.66% increase year-by-year from 2020. Previously, in 2020, Stonington town's population was 18,306, a decline of 1.62% compared to a population of 18,607 in 2019.
The median age in Stonington Town, Connecticut is 50.4, as per 2021 ACS 5-Year Estimates. Of the total population, 14.66% were under the age of 15, 13.58% aged 15 to 29, 46.02% aged 30 to 64, 22.69% aged 65 to 84, and 3.05% were 85 years of age and older.
The total population of Stonington town is estimated to be 18,354 with 8,859 males (48.27%) and 9,495 females (51.73%). There are 636 more females than males in Stonington town.
Racial distribution of Stonington town population: 85.43% are White, 3.05% are Black or African American, 0.46% are American Indian and Alaska Native, 1.99% are Asian, 0.68% are some other race and 8.39% are multiracial.