Connecticut Salary Percentile
Calculator
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.
Enter your gross annual salary (pre-tax). Hourly workers: multiply hourly rate by 2,080.
Connecticut salary percentiles — 2024
| Percentile | Connecticut | National |
|---|---|---|
| 10th | $18K | $15K |
| 25th | $31K | $26K |
| 50th (median)median | $70K | $59K |
| 75th | $115K | $97K |
| 90th | $172K | $145K |
| 95th | $237K | $200K |
| 99th | $415K | $350K |
State figures derived from BLS OEWS 2024 state median. National figures from BLS national percentile data.
Key insight
Connecticut's state median of $70K 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 $70K based on 2024 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.
Salary percentiles by state
Alabama
$48K median
Alaska
$62K median
Arizona
$58K median
Arkansas
$46K median
California
$72K median
Colorado
$67K median
Connecticut
$70K median
Delaware
$62K median
Florida
$55K median
Georgia
$55K median
Hawaii
$60K median
Idaho
$52K median
Illinois
$62K median
Indiana
$52K median
Iowa
$55K median
Kansas
$52K median
Kentucky
$49K median
Louisiana
$48K median
Maine
$55K median
Maryland
$68K median
Massachusetts
$75K median
Michigan
$55K median
Minnesota
$64K median
Mississippi
$43K median
Missouri
$52K median
Montana
$50K median
Nebraska
$55K median
Nevada
$55K median
New Hampshire
$68K median
New Jersey
$70K median
New Mexico
$49K median
New York
$68K median
North Carolina
$56K median
North Dakota
$55K median
Ohio
$54K median
Oklahoma
$48K median
Oregon
$63K median
Pennsylvania
$58K median
Rhode Island
$62K median
South Carolina
$50K median
South Dakota
$48K median
Tennessee
$52K median
Texas
$58K median
Utah
$60K median
Vermont
$57K median
Virginia
$65K median
Washington
$74K median
Washington D.C.
$85K median
West Virginia
$44K median
Wisconsin
$57K median
Wyoming
$55K median