Is Southwood Acres, Connecticut a Good Place To Live? - Living In Southwood Acres, CT

Is Southwood Acres, Connecticut a good place to live?
Southwood Acres is a city in Connecticut state in USA with a population of 8352 residents.. The poverty rate of Southwood Acres is 6.5%, which is 54% lower than national average. The typical household in Southwood Acres earns $96932 a year, compared to the national median of $67,500. Nearly 25.9% 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 Southwood Acres, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Southwood Acres remained 2.3%, which is 51% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Southwood Acres, only 38% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Southwood Acres is 115, which is 15% higher than national average. Median home value in Southwood Acres is $197400 , which is 14% lower than national average. While median income in Southwood Acres remained $96932, which is 44% 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
8352
Unemployment
2.3%
51% NAT AVG.
Poverty
6.5%
54% NAT AVG.
Overall Score
7.5
Median Home Cost
$197400
14% NAT AVG.
Median Income
$96932
44% NAT AVG.
Median Rent
$1447
25% NAT AVG.
Cost Of Living
115
15% NAT AVG.
People Living BPL
1 in 15
Unemployed People
1 in 43
People Earning < $10,000
1 in 30
People Earning < $50,000
25.9%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2.1
Pros & Cons Overview

Jobs90%

Housing85%

Affordability85%

Safety85%

Amenities85%

Diversity80%

Education85%

Commute80%