Colchester is a city in Connecticut state in USA with a population of 5147 residents.. The poverty rate of Colchester is 9.5%, which is 32% lower than national average. The typical household in Colchester earns $66180 a year, compared to the national median of $67,500. Nearly 35.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Colchester, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Colchester remained 8.7%, which is 85% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Colchester, only 32% of adults have a bachelor's degree and 37% have some college but no degree.

Cost of living in Colchester is 115, which is 15% higher than national average. Median home value in Colchester is $213400 , which is 7% lower than national average. While median income in Colchester remained $66180, which is 2% lower than national average.