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Putnam, Connecticut

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
7,120
Population
$65,511
Median Income
$245,100
Home Value
41.2
Median Age

Demographics

Putnam has a population of 7,120 with a median age of 41.2. Here is the racial and ethnic breakdown of the population:

White
85.5%
Hispanic
8.0%
Other
4.1%
Asian
1.3%
Black
1.1%
Demographic Value
Total Population7,120
Median Age41.2
White85.5%
Black or African American1.1%
Asian1.3%
Hispanic or Latino8.0%
Other / Two or More Races4.1%
Putnam, Connecticut — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 85.5%Hispanic/Latino: 8.0%Other: 4.1%Other: 2.4%7,120PopulationWhiteWhite85.5%Hispanic/LatinoHispanic/Latino8.0%OtherOther4.1%OtherOther2.4%

Income & Economy

The median household income in Putnam is $65,511, which is 18.7% below the national median of $80,610. The per capita income is $36,917. The poverty rate is 11.7%.

$65,511
Median Household Income
$36,917
Per Capita Income
11.7%
Poverty Rate

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Education

In Putnam, 84.5% of residents age 25+ have a high school diploma or higher, and 18.8% hold a bachelor's degree or higher (7.1% with a graduate or professional degree).

HS Diploma+
84.5%
Bachelor's+
18.8%
Graduate+
7.1%
Education Level % of Adults (25+)
High School Diploma or Higher84.5%
Bachelor's Degree or Higher18.8%
Graduate or Professional Degree7.1%

Housing

The median home value in Putnam is $245,100, below the national median of $303,400. The median monthly rent is $1,147. The homeownership rate is 50.7%.

$245,100
Median Home Value
$1,147/mo
Median Rent
50.7%
Homeownership Rate
Housing Metric Value
Median Home Value$245,100
Median Monthly Rent$1,147
Homeownership Rate50.7%
Vacancy Rate5.7%

Salaries in Connecticut

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Frequently Asked Questions

What is the population of Putnam, Connecticut?
The population of Putnam, Connecticut is 7,120 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Putnam, Connecticut?
The median household income in Putnam, Connecticut is $65,511. This is 18.7% below the national median of $80,610.
What is the median home value in Putnam, Connecticut?
The median home value in Putnam, Connecticut is $245,100. The median monthly rent is $1,147.
What percentage of people in Putnam have a college degree?
In Putnam, Connecticut, 18.8% of adults age 25 and older hold a bachelor's degree or higher, and 84.5% have a high school diploma or higher.
Is Putnam, Connecticut an affordable place to live?
The home price-to-income ratio in Putnam, Connecticut is 3.7x (median home value $245,100 vs. median income $65,511), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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