Living in Stamford, Connecticut

Cost of living, income, home prices, rent and demographics of Stamford · Census data 2020–2024

Stamford has 137,144 residents with a median age of 38.4. The median household income is $111,586 (17% higher than the Connecticut median), the median home value is $624,400, the median rent is $2,276/month.

Stamford at a glance

Population
137,144
Median age
38.4State: 41.1
Median household income
$111,586State: $95,781
Median home value
$624,400State: $366,900
Median rent
$2,276/moState: $1,488
Homeowners
48.8%
Bachelor's degree or higher
51.7%
Average commute
29 min

Is Stamford a good place to live?

Pros: Median household income 17% higher than the Connecticut median; unemployment of 4.9%.

Cons: Home values 70% higher than the state median; an average commute of 29 minutes; a poverty rate of 10.1%.

The weather is best in May–June and August–September.

Cost of living in Stamford

Housing is the biggest part of the cost of living. In Stamford the median home value is $624,400, 88% higher than the U.S. median. Renters pay a median of $2,276 per month, which is 31.7% of household income. Homeowners with a mortgage pay $3,460 a month in housing costs.

Median home value

Stamford$624,400
Connecticut$366,900
United States$332,700

Median monthly rent

Stamford$2,276
Connecticut$1,488
United States$1,413

Stamford median household income

The median household income in Stamford is $111,586 and the income per person is $67,068. 10.1% of residents live below the poverty line (Connecticut: 10%).

Median household income

Stamford$111,586
Connecticut$95,781
United States$80,734

Housing in Stamford: homes for sale and rent

Housing units
58,655
Owner-occupied
48.8%
Renter-occupied
51.2%
Vacant
5.7%Includes seasonal homes
Median year built
1973
Average household size
2.45

Stamford demographics

Population
137,144
Median age
38.4
Under 18
18.4%
65 and older
16.2%
Households
55,291
Foreign-born
31.3%
Veterans
2.1%Adults 18+

Race and ethnicity

White46.6%
Hispanic or Latino28.3%
Black18.1%
Asian7.4%

Hispanic or Latino can be of any race. Population history of Stamford ›

Education in Stamford

51.7% of adults 25 and older in Stamford have a bachelor's degree or higher (Connecticut: 42.5%), and 22.2% have a graduate or professional degree.

Bachelor's degree or higher

Stamford51.7%
Connecticut42.5%
United States35.7%

Jobs and commute in Stamford

Unemployment rate
4.9%State: 5.6%
Average commute
29 minState: 27 min
Work from home
19.4%
Drive alone
56.1%
Public transit
9.6%
Walk to work
4.9%
Homes with broadband
94.2%

Stamford vs nearby towns

TownPopulationMedian incomeHome valueRent
Stamford137,144$111,586$624,400$2,276
Noroton Heights2,782$250,001$1,225,400$2,018
Cos Cob7,546$190,481$1,210,400$3,067
Noroton5,539$250,001$1,620,000$3,501
Riverside8,954$250,001$1,900,300$3,501
Darien21,936$250,001$1,822,400$3,501
Darien Downtown1,242$166,085$915,400$2,728
Old Greenwich6,936$250,001$1,844,700$3,501
Tokeneke2,951$250,001$2,000,001—

More for people moving to Stamford

Stamford ZIP code ›Weather and climate ›

Living in Stamford: FAQ

What is the median household income in Stamford, CT?

The median household income in Stamford is $111,586, 17% higher than the Connecticut median of $95,781 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Stamford?

The median home value in Stamford is $624,400, compared with $366,900 in Connecticut.

How much is rent in Stamford?

The median gross rent in Stamford is $2,276 per month, about 31.7% of household income.

Is Stamford, CT a good place to live?

Pluses: median household income 17% higher than the Connecticut median; unemployment of 4.9%. Minuses: home values 70% higher than the state median; an average commute of 29 minutes; a poverty rate of 10.1%.

What is the median age in Stamford?

The median age in Stamford is 38.4 years (Connecticut: 41.1).

How long is the commute in Stamford?

The average commute to work in Stamford is 29 minutes; 19.4% of workers work from home.

What is the unemployment rate in Stamford?

The unemployment rate in Stamford is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Stamford?

51.7% of adults in Stamford have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

Last updated: