What is the median household income in Southwood Acres, CT?
The median household income in Southwood Acres, CT is $110,286 (±$15,432) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,728 a month would take about $69,100 a year at the common guideline of spending no more than 30% of income on rent.
In Southwood Acres, the median household income went from $91,851 in 2015–2019 to $110,286 in 2020–2024 (+20.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $110,286 (±$15,432)
- Median renter income
- $108,288 (±$26,557)
- Income to afford median rent
- about $69,100
Income in Southwood Acres against Capitol Planning Region, its state and the nation
| Southwood Acres | Capitol Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| Median household income | $110,286 (±$15,432) | $93,394 (±$1,372) | $95,781 (±$732) | $80,734 |
| Median renter household income | $108,288 (±$26,557) | $49,201 (±$1,765) | $52,072 (±$906) | $52,966 |
| Median owner household income | $112,917 (±$17,959) | $123,850 (±$1,794) | $125,125 (±$969) | $100,009 |
| Median gross rent | $1,728 (±$91) | $1,411 (±$14) | $1,488 (±$10) | $1,413 |
In Southwood Acres, median household income is higher than in Capitol Planning Region ($93,394).
It is not measurably different from Connecticut ($95,781).
It is higher than the national figure ($80,734).
In Capitol Planning Region, Southwood Acres ranks 9 of 31 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 58 of 130.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Southwood Acres
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,728 a month ($20,736 a year) needs an income of about $69,100 a year.
The median renting household in Southwood Acres earns $108,288 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $91,851 (±$5,206) | $110,286 (±$15,432) | +20.1% | No measurable change after inflation |
| Median gross rent | $1,538 (±$287) | $1,728 (±$91) | +12.4% | No measurable change after inflation |
| Median home value | $189,900 (±$5,091) | $267,900 (±$11,098) | +41.1% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Southwood Acres
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Southwood Acres | — | $110,286 (±$15,432) | — |
| Thompsonville | 2.6 mi | $71,805 (±$8,062) | Lower |
| Hazardville | 3.1 mi | $81,893 (±$20,337) | Lower |
| Broad Brook | 3.6 mi | $97,625 (±$42,402) | Not measurably different |
| Sherwood Manor | 3.7 mi | $90,821 (±$7,351) | Lower |
| East Windsor | 3.8 mi | $96,250 (±$14,008) | Not measurably different |
| Suffield Depot | 3.9 mi | $91,625 (±$75,607) | Not measurably different |
| Windsor Locks | 4.6 mi | $81,205 (±$13,103) | Lower |
| Windsor Locks (community) | 4.6 mi | $81,205 (±$13,103) | Lower |
Nearby places with a measurably lower figure: Thompsonville, CT ($71,805), Hazardville, CT ($81,893), Sherwood Manor, CT ($90,821).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Capitol Planning Region, place by place
| Rank | Place | Median household income |
|---|---|---|
| 3 | Crystal Lake | $143,882 (±$28,755) |
| 4 | Simsbury Center | $138,242 (±$19,029) |
| 5 | West Hartford (community) | $129,890 (±$6,691) |
| 6 | Wethersfield (community) | $126,806 (±$11,712) |
| 7 | Plantsville | $113,299 (±$21,005) |
| 8 | North Granby | $110,741 (±$38,319) |
| 9 | Southwood Acres | $110,286 (±$15,432) |
| 10 | Kensington | $109,447 (±$15,182) |
| 11 | South Coventry | $107,767 (±$35,053) |
| 12 | Glastonbury Center | $107,357 (±$37,332) |
| 13 | Tariffville | $106,944 (±$21,309) |
| 14 | Newington (community) | $102,884 (±$5,757) |
| 15 | Broad Brook | $97,625 (±$42,402) |
Showing 13 of 31 places in Capitol Planning Region, ranked from highest to lowest.
Southwood Acres is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Enfield, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Southwood Acres
What is the median household income in Southwood Acres?
The median household income in Southwood Acres is $110,286 (±$15,432) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Southwood Acres?
About $69,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,728 a month.
Have incomes in Southwood Acres kept up with inflation?
In Southwood Acres, the median household income went from $91,851 in 2015–2019 to $110,286 in 2020–2024 (+20.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Southwood Acres?
The median renting household in Southwood Acres, CT earns $108,288 (±$26,557) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Southwood Acres CDP, Connecticut
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Southwood Acres CDP, Connecticut
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Southwood Acres CDP, Connecticut
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Southwood Acres CDP, Connecticut
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Southwood Acres CDP, Connecticut
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Southwood Acres CDP, Connecticut
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Southwood Acres CDP, Connecticut (place:71460, in state:09).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Southwood Acres at a glance
- Median rent in Southwood Acres
- Rent by bedrooms in Southwood Acres
- Renters and owners in Southwood Acres
- Home values in Southwood Acres
- Homeowner costs in Southwood Acres
- Property taxes in Southwood Acres
- Types of homes in Southwood Acres
- Bedrooms in Southwood Acres
- Age of homes in Southwood Acres
- Heating fuel in Southwood Acres
- Commute and cars in Southwood Acres
- Population growth in Southwood Acres
- How long people stay in Southwood Acres
- Crowding and facilities in Southwood Acres
- Connecticut landlord and tenant rules
- Housing across Capitol Planning Region
- Connecticut places ranked by median household income
- Housing data for every place in Connecticut