The Vital Data: Old Lyme, Connecticut
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The average household size in Old Lyme, CT is 2.83 residential members, with 79.6% owning their particular dwellings. The average home cost is $387318. For people leasing, they spend on average $1334 monthly. 53.9% of households have dual sources of income, and a typical household income of $96567. Median income is $45045. 3.7% of town residents survive at or beneath the poverty line, and 8.4% are considered disabled. 9.4% of inhabitants are former members associated with armed forces.
The work force participation rate in Old Lyme is 62.1%, with an unemployment rate of 5.5%. For anyone in the labor force, the average commute time is 25.5 minutes. 26.6% of Old Lyme’s community have a grad diploma, and 27.3% have a bachelors degree. Among those without a college degree, 23.5% have some college, 18.1% have a high school diploma, and just 4.4% have received an education significantly less than high school. 2.5% are not included in medical health insurance.