Moving to Putnam
What you need to know before relocating to Putnam, Connecticut. Data-driven insights on housing, jobs, safety, and quality of life.
Is Putnam a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Putnam compares favorably on multiple dimensions. Highlights include rent ($1,217/mo) is below the national average; median household income ($88,806) exceeds the national median; violent crime rate (150/100k) is well below the national average.
Putnam at a Glance
Cost of Living in Putnam
The median rent in Putnam is $1,217/month, while the median home value is $305,600. With a median household income of $88,806, residents spend roughly 16% of monthly income on rent.
Overall, the Putnam metro area is classified as average compared to other US metros.
Job Market
Putnam has a median household income of $88,806, which is 19% above the national median. The local unemployment rate is 3.3%, compared to the national average of 3.7%.
Safety in Putnam
The violent crime rate in Putnam is 150 per 100,000 residents, which is 60% below the national average of 380.
Property crime rate: 1558 per 100,000 residents.
Education in Connecticut
Connecticut has a high school graduation rate of 92% and per-pupil spending of $25,023/year. The student-to-teacher ratio is 13:1.
43% of Connecticut adults hold a bachelor's degree or higher.
Healthcare Access
Connecticut has 364 physicians per 100,000 residents, a 4.2% uninsured rate, and 2.8 hospital beds per 1,000 people. Life expectancy in Connecticut is 79.7 years.
Pros and Cons of Living in Putnam
+Pros
- ✓Rent ($1,217/mo) is below the national average
- ✓Median household income ($88,806) exceeds the national median
- ✓Violent crime rate (150/100k) is well below the national average
- ✓High school graduation rate of 92%
- ✓Low uninsured rate (4.2%) and good healthcare access
-Cons
- ✗Longer-than-average commute (47251 min)
Frequently Asked Questions
Is Putnam a good place to live?⌄
Putnam, Connecticut has several attributes that make it an attractive place to live, including rent ($1,217/mo) is below the national average and median household income ($88,806) exceeds the national median. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Putnam?⌄
The median rent in Putnam is $1,217/month and the median home value is $305,600. The median household income is $88,806. Overall the metro is considered average.
Is Putnam safe?⌄
Putnam has a violent crime rate of 150 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Putnam?⌄
Putnam has an unemployment rate of 3.3%, compared to the national average of 3.7%. The median household income is $88,806.