Everything You Need to Know About the City of New Haven Connecticut

In 2017, New Haven, CT had a population of 131k people with a median age of 30.7 and a median household income of $39,191. Between 2016 and 2017 the population of New Haven, CT grew from 130,405 to 130,884, a 0.367% increase and its median household income grew from $38,126 to $39,191, a 2.79% increase.

The population of New Haven, CT is 31.5% Black or African American Alone, 30.4% Hispanic or Latino, and 30.3% White Alone. N/A% of the people in New Haven, CT speak a non-English language, and 87.8% are U.S. citizens.

The largest universities in New Haven, CT are Yale University (4,552 degrees awarded in 2017), Southern Connecticut State University (2,449 degrees), and Gateway Community College (924 degrees).

The median property value in New Haven, CT is $189,400, and the homeownership rate is 27.8%. Most people in New Haven, CT commute by Drove Alone, and the average commute time is 22 minutes. The average car ownership in New Haven, CT is 1 car per household.

 

Education in New Haven

In 2017, universities in New Haven, Connecticut awarded 8,509 degrees. The student population of New Haven, CT is skewed towards women, with 13,615 male students and 18,040 female students.

Most students graduating from Universities in New Haven, CT are White (4,363 and 58.2%), followed by Black or African American (928 and 12.4%), Hispanic or Latino (845 and 11.3%), and Asian (658 and 8.78%).

The largest universities in New Haven, CT by a number of degrees awarded are Yale University (4,552 and 53.5%), Southern Connecticut State University (2,449 and 28.8%), and Gateway Community College (924 and 10.9%).

The most popular majors in New Haven, CT are General Business Administration & Management (1,010 and 11.9%), Liberal Arts & Sciences (387 and 4.55%), and Registered Nursing (368 and 4.32%).

The median tuition costs in New Haven, CT are $41,025 for private four-year colleges, and $5,424 and $16,882 respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in New Haven

The economy of New Haven, CT employs 59.8k people. The largest industries in New Haven, CT are Educational Services (12,621 people), Health Care & Social Assistance (12,537 people), and Retail Trade (5,301 people), and the highest paying industries are Management of Companies & Enterprises ($103,601), Public Administration ($68,166), and Finance & Insurance ($62,642).

Households in New Haven, CT have a median annual income of $39,191, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $38,126 in 2016, which represents a 2.79% annual growth.

 

Tax Rates for New Haven

– The Sales Tax Rate for New Haven is 6.4%. The US average is 7.3%.

– The Income Tax Rate for New Haven is 5.5%. The US average is 4.6%.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for New Haven

– The average income of a New Haven resident is $23,796 a year.

– The Median household income of a New Haven resident is $37,508 a year.