How Has Shelton's Household Income Changed Since the 2007 Recession?

The Connecticut Mirror took an in-depth look at income brackets in Connecticut from 2007 to 2013 and they found that there are more higher income and lower income households, which means that the middle class is shrinking.

In Shelton, 10.3 percent of households earned a yearly income of $200,000 or more in 2013, and that rate was at 6 percent in 2007. 44.9 percent of households earned at least $100,000 in 2013 while 37.9 percent of households earned at least that amount in 2007.

But the most interesting stat, according to CT Mirror, is that in 2013 11.6 percent of Shelton households earned less than $25,000, an increase from 2007 when that figure was 10.1 percent.

Overall for Connecticut, the number of households earning more than $200,000 in Connecticut grew by 1.7 percent from 2007 to 2013 and now stands at 9 percent.

The number of households earning more than $100,000 in Connecticut grew by 3.8 percent from 2007 to 2013 and is now at 33.1 percent.

But the number of households in Connecticut earning $25,000 or less has actually increased slightly from 2017 to 2013 and now stands at 18.6 percent.

The CT Mirror takes an in-depth look at Shelton’s income brackets, which can be viewed by clicking here.

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