Is Cos Cob, Connecticut a Good Place To Live? - Living In Cos Cob, CT

Is Cos Cob, Connecticut a good place to live?
Cos Cob is a city in Connecticut state in USA with a population of 7065 residents.. The poverty rate of Cos Cob is 6.7%, which is 52% lower than national average. The typical household in Cos Cob earns $136642 a year, compared to the national median of $67,500. Nearly 21.4% 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 Cos Cob, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cos Cob remained 6.1%, which is 30% higher than national rate. Nearly 1 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 Cos Cob, only 66% of adults have a bachelor's degree and 13% have some college but no degree.

Cost of living in Cos Cob is 216, which is 116% higher than national average. Median home value in Cos Cob is $1038900 , which is 352% higher than national average. While median income in Cos Cob remained $136642, which is 102% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
7065
Unemployment
6.1%
30% NAT AVG.
Poverty
6.7%
52% NAT AVG.
Overall Score
7
Median Home Cost
$1038900
352% NAT AVG.
Median Income
$136642
102% NAT AVG.
Median Rent
$1864
61% NAT AVG.
Cost Of Living
216
116% NAT AVG.
People Living BPL
1 in 15
Unemployed People
1 in 16
People Earning < $10,000
1 in 34
People Earning < $50,000
21.4%
People with <= High School
1 in 4.8
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs80%

Housing100%

Affordability60%

Safety85%

Amenities85%

Diversity80%

Education90%

Commute50%