New Haven city, CT

ZIP 06514 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in New Haven city, CT (06514)

Median Income

$85,227

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,396

Wealth inflow

Population

25,291

Unemployment

7.2%

3.5pp above US avg

IRS migration statistics show a net inflow of about 1,396 for ZIP 06514 (New Haven city, CT) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

7.2%+95% vs US avg

Self-Employed

3.0%-52% vs US avg

SNAP Benefits

10.0%-14% vs US avg

547

Establishments

6,729

Employees

~12 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.2%
Construction3.5%
Manufacturing11.7%
Wholesale trade0.8%
Retail trade10.4%
Transportation, utilities4.3%
Information2.1%
Finance, insurance, real estate5.9%
Professional, scientific, management10.7%
Education, health care, social32.7%
Arts, entertainment, food services8.0%
Other services3.6%
Public administration6.2%

Household Income

Historical Trends in 06514 (2020–Present)

Since 2020, population declined 6.9%, median income fell 2.1% (inflation-adjusted), home values increased 6.5%.

Median Income

$85,227

+13% vs US avg

Unemployment Rate