Shelton is a city in Connecticut state in USA with a population of 41162 residents.. The poverty rate of Shelton is 5.4%, which is 61% lower than national average. The typical household in Shelton earns $98873 a year, compared to the national median of $67,500. Nearly 26.3% 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 Shelton, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Shelton remained 4.9%, which is 4% 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 Shelton, only 42% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Shelton is 131, which is 31% higher than national average. Median home value in Shelton is $345200 , which is 50% higher than national average. While median income in Shelton remained $98873, which is 46% 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.