Putnam, CT
Full City Profile · Connecticut · Northeastern Connecticut Planning Region County
3.0
/5.0
B
Good
7,120
Population
1,826/sq mi density
$63,209
Median Income
$34,304 per capita
$236,000
Home Value
$336,876 Zillow
$1,124
Median Rent
27.4% income on rent
48°F
Avg Temperature
271 sunny days/yr
192
Violent Crime/100K
768 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$63,209 median income, 3.5% unemployment
A+
Affordability
4.6 / 5.0
$236,000 home value, $1,124/mo rent
F
Safety
1.0 / 5.0
192 violent crimes/100K
C
Education
2.4 / 5.0
17.8% bachelor's degree or higher
Income Overview
Median Household Income
$63,209
16% below
US avg: $75,149
Per Capita Income
$34,304
12% below
US avg: $39,052
Unemployment Rate
3.5%
3% below
US avg: 3.6%
Poverty Rate
7.2%
42% below
US avg: 12.4%
Income Comparison: Putnam vs. U.S. Average
Each bar shows Putnam’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$63,209
84%
Per Capita
US: $39,052
$34,304
88%
IRS Avg AGI
US: $72,000
$75,977
106%
Avg Weekly Wage
US: $1,432
$1,120
78%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,120
22% below US avg ($1,432)
Mean Commute Time
26 min
7% below US avg (28 min)
Work From Home
6.3%
59% below US avg (15.2%)
Drive Alone
83.0%
13% above US avg (73.2%)
Public Transit
0.3%
94% below US avg (5.0%)
County GDP
$5,431M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
83%
Public Transit
0.3%
Work From Home
6.3%
Other
10.4%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,962
Restaurants
200
Healthcare
218
Retail
270
Manufacturing
145
Tax & Financial
IRS Avg Adjusted Gross Income
$75,977
6% above US avg ($72,000)
Avg Property Tax
$5,616
60% above US avg ($3,500)
Cost of Living Index
103.6
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $63,209 |
| Per Capita Income | $34,304 |
| IRS Avg Adjusted Gross Income | $75,977 |
| Avg Weekly Wage | $1,120 |
| County GDP | $5,431M |
Hardship Indicators
| Unemployment Rate | 3.5% |
| Poverty Rate | 7.2% |
| Gini Coefficient | 0.406 |
| Cost of Living Index | 103.6 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 83.0% |
| Public Transit | 0.3% |
| Work From Home | 6.3% |
Businesses
| Total Establishments | 2,962 |
| Restaurants | 200 |
| Healthcare | 218 |
| Retail | 270 |
| Manufacturing | 145 |
Tax
| IRS Avg AGI | $75,977 |
| Avg Property Tax | $5,616 |
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