Stamford, a medium-sized city in Connecticut, has a population of slightly less than 129,000. The city's population, at an average age of just under 39, skews younger than most cities in Connecticut. By a small 54%-46% margin, homeowners are slightly more prevalent than renters in Stamford. Relatively high rent costs may be a contributing factor, as the average rent is substantially higher than the state average of $1,148 a month.
Stamford residents have an average commute of about 30 minutes. Many residents (41%) drive to work, while public transportation is used by just 8% of the population. Relatively few residents (3%) walk to work, though the number is greater than the national average.
Stamford has a large percentage of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 12% possess a Master's or a Doctorate. Additionally, 19% have a Bachelor's degree, which also outpaces the national average. There are five primary industries in Stamford: healthcare, scientific, finance, retail, and entertainment. Together, these industries account for 33% of the workforce in the city. Meanwhile, looking at job function, many of the city's residents work in management, as 10% of the city's population reports this as their field of work, the highest number of any career path. With an average annual income of almost $106,000, Stamford workers earn around $25,000 more than the average Connecticut resident. The city's average income also compares favorably to the national average ($73,345).