SalaryFact logosalaryfact.comData: BLS OEWS May 2025

Connecticut Salary Percentile
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Connecticut has a progressive income tax with a top rate of 6.99% and one of the highest median household incomes in the US. Fairfield County (the New York City suburbs) drives the state economy, with major finance, insurance, and pharmaceutical employers.

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Connecticut salary percentiles — May 2025

PercentileConnecticutNational
10th$37K$31K
25th$44K$38K
50th (median)median$60K$51K
75th$94K$81K
90th$151K$129K

State figures derived from BLS OEWS May 2025 state median. National figures from BLS national percentile data.

Key insight

Connecticut's state median of $60K is 19% above the national median, significantly influenced by Fairfield County's finance and hedge fund concentration. Bridgeport-Stamford is one of the wealthiest corridors in the US.

Connecticut salary — frequently asked questions

What is the median salary in Connecticut?

The median annual salary in Connecticut is approximately $60K based on May 2025 BLS data, significantly above the national median. Fairfield County (Stamford, Greenwich, Westport) contains a high concentration of hedge funds, private equity, and financial services, creating extreme wage concentration at the upper end.

What is a good salary in Connecticut?

Connecticut's cost of living, particularly in Fairfield County, is among the highest in the US. In Stamford or Greenwich, $100,000+ is needed for comfortable single living. In Hartford or New Haven, $70,000-$80,000 is more reasonable. Connecticut's high property taxes add significantly to the total cost of living.

Why do so many hedge funds operate from Connecticut?

Greenwich, CT became the hedge fund capital of the world beginning in the 1980s as firms sought proximity to New York City without the city's income tax. Connecticut offered lower taxes and suburban real estate. Bridgewater (the world's largest hedge fund), AQR, and hundreds of smaller funds operate from Fairfield County, creating extreme wage density at the upper income percentiles.

How does Connecticut income tax work?

Connecticut has a graduated income tax from 3% to 6.99% on earned income. Connecticut also taxes Social Security income above certain thresholds, which is a disadvantage for retirees. The combination of high income taxes, property taxes, and cost of living has contributed to net outmigration from Connecticut over the past decade.

What is the average salary in Connecticut?

"Average" and "median" measure different things, but BLS reports the median: the midpoint where half of Connecticut workers earn more and half earn less. The Connecticut median is $60K, above the national median of $51K. Use the calculator above to see exactly where your salary ranks.

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