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The median household income in Wallingford town was $95,740 in 2021, which marked an an increase of 1,628(1.73%) from $94,112 in 2020. This income is 128.33% 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, Wallingford town sees its highest median household income among householders in the age group of 45 to 64 years old, at $116,355. Overall, the median household income for the town of Wallingford town stands at $95,740.
In Wallingford town, the median income for all workers aged 15 years and older, regardless of work hours, was $59,150 for males and $41,529 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,237 for males and $64,193 for females.
In Wallingford town, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Asian households have the highest median household income at $143,693, while Black or African American households represent the opposite end with the lowest median household income of $59,843.
In 2021, the population of Wallingford town was 44,194, a 0.21% decrease year-by-year from 2020. Previously, in 2020, Wallingford town's population was 44,289, a decline of 0.00% compared to a population of 44,289 in 2019.
The median age in Wallingford, Connecticut is 44.3, as per 2021 ACS 5-Year Estimates. Of the total population, 14.27% were under the age of 15, 16.45% aged 15 to 29, 48.33% aged 30 to 64, 16.92% aged 65 to 84, and 4.03% were 85 years of age and older.
The total population of Wallingford town is estimated to be 44,428 with 20,915 males (47.08%) and 23,513 females (52.92%). There are 2,598 more females than males in Wallingford town.
Racial distribution of Wallingford town population: 84.54% are White, 1.24% are Black or African American, 4.74% are Asian, 5.63% are some other race and 3.85% are multiracial.