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The median household income in Voluntown town was $91,427 in 2021, which marked an a decrease of 4,417(4.61%) from $95,844 in 2020. This income is 122.55% 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, Voluntown town sees its highest median household income among householders in the age group of under 25 years old, at $122,405. Overall, the median household income for the town of Voluntown town stands at $91,427.
In Voluntown town, the median income for all workers aged 15 years and older, regardless of work hours, was $56,478 for males and $43,286 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,935 for males and $57,817 for females.
In Voluntown town, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $139,167, while White households have a median household income of $99,984.
In 2021, the population of Voluntown town was 2,554, a 0.08% increase year-by-year from 2020. Previously, in 2020, Voluntown town's population was 2,552, an increase of 1.39% compared to a population of 2,517 in 2019.
The median age in Voluntown, Connecticut is 47.8, as per 2021 ACS 5-Year Estimates. Of the total population, 13.12% were under the age of 15, 22.59% aged 15 to 29, 49.02% aged 30 to 64, 13.90% aged 65 to 84, and 1.37% were 85 years of age and older.
The total population of Voluntown town is estimated to be 2,554 with 1,234 males (48.32%) and 1,320 females (51.68%). There are 86 more females than males in Voluntown town.
Racial distribution of Voluntown town population: 89.08% are White, 1.84% are Black or African American, 0.23% are American Indian and Alaska Native, 0.82% are Native Hawaiian and other Pacific Islander, 0.47% are some other race and 7.56% are multiracial.