Naugatuck Valley Planning Region, Connecticut
Income Data
At a Glance
How Naugatuck Valley Planning Region Compares
Detailed Income Statistics
Data Story
About Household Income in Naugatuck Valley Planning Region, Connecticut
Valley income outpaces national levels
The Naugatuck Valley's median household income of $86,365 is 15.5% above the U.S. median of $74,755. The region maintains solid earning power despite economic restructuring over past decades.
Below state average but competitive
The Naugatuck Valley's median household income trails Connecticut's state average of $93,307 by 7.4%. The region ranks in the lower-middle tier among Connecticut's planning areas.
Comparable to similar regional economies
At $86,365, the Naugatuck Valley earns similarly to South Central Connecticut ($86,266) and Greater Bridgeport ($87,135). The region performs in line with Connecticut's more economically challenged planning areas.
Manageable housing costs
The region's 17.9% rent-to-income ratio remains healthy and well below the 30% threshold for housing stress. Median home values of $290,800 are moderate, making homeownership accessible for many households.
Build savings despite modest incomes
With manageable housing costs, Naugatuck Valley households can prioritize financial goals beyond rent or mortgages. Focus on employer retirement plans, automatic savings transfers, and debt reduction to strengthen long-term financial security.
Frequently Asked Questions
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How does Naugatuck Valley Planning Region compare to the Connecticut average?
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Income Comparison Calculator
See how your household income compares in Naugatuck Valley Planning Region
Your income is above the Naugatuck Valley Planning Region median
County median: $86,365 per year
vs. County Median
+0%
vs. State Average
-7%
vs. National Median
+16%
Income Adequacy
Your monthly income ($7,197) vs. median rent ($1,288/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.