How Has South Windsor'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 South Windsor, the number of households earning $200,000 or more in 2013 was 12 percent, and that rate was 6.3 percent in 2007. The number of households earning $100,000 or more in 2013 was 44.7 percent and it was 37.4 percent in 2007 in South Windsor.

But the most interesting stat, according to CT Mirror, is the number of South Windsor households earning less than $25,000 was 10.8 percent in 2013 compared to 9.6 percent in 2007.

Also, South Windsor households earning $35,000 to $49,999 dropped from 8.8 percent in 2007 to 9.6 percent in 2013. Additionally, households earning $50,000 to $74,999 decreased from 18.7 percent in 2007 to 15.7 in 2013.

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 2007 to 2013 and now stands at 18.6 percent.

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

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