Putnam, CT
Population 7,120 · Connecticut
About Putnam, CT
Putnam is a small community in Connecticut with a population of 7,120 residents. The median household income is $63,209 per year, which is near the national average. The median age in Putnam is 42.9 years.
Housing in Putnam has a median home value of $236,000 and median monthly rent of $1,124. Of the 3,396 total housing units, renting is more common than owning, with 1,617 owner-occupied and 1,618 renter-occupied units.
The unemployment rate in Putnam is 5.4% and the poverty rate is 11.9%. 17.8% of residents hold a bachelor's degree or higher. The average commute time is 25.8 minutes.
How Putnam Ranks in Connecticut
Cost of Living in Putnam, CT
Compared to national averages, Putnam has a median household income of $63,209 (16% below the national median of $75,149). Home values average $236,000, which is 4% below the national median. Monthly rent at $1,124 is 3% below the US average of $1,163. Within Connecticut, Putnam's income is 49% below the state average of $123,065, and home values are 54% below the state median of $516,920.
Why Live in Putnam, CT?
Putnam offers affordable housing with a median home value of $236,000, below the US average of $244,900, and rent that’s lower than the national average at $1,124/month, and a low poverty rate of 11.9%, better than the national average.
Potential considerations include median household income ($63,209) that falls below the national average. However, Putnam’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Putnam has a population of 7,120 with a median age of 42.9 years. Compare Putnam with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Putnam
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ridgefield | 7,103 | $143,286 | $843,200 | Compare |
| Winsted | 7,074 | $66,058 | $214,000 | Compare |
| New Canaan | 7,032 | $163,355 | $1,115,600 | Compare |
| Staples | 6,985 | $218,365 | $1,202,800 | Compare |
| Old Greenwich | 6,904 | $250,001 | $1,668,200 | Compare |
| Cos Cob | 7,354 | $176,602 | $1,149,500 | Compare |
| Thompsonville | 7,473 | $71,714 | $235,200 | Compare |
| Rockville | 6,657 | $51,607 | $192,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Putnam
What is the population of Putnam, CT?
The population of Putnam, CT is 7,120 according to the latest Census data.
What is the median household income in Putnam?
The median household income in Putnam, CT is $63,209 per year.
What is the median home value in Putnam?
The median home value in Putnam, CT is $236,000.
What is the average rent in Putnam?
The median monthly rent in Putnam, CT is $1,124.
What is the unemployment rate in Putnam?
The unemployment rate in Putnam, CT is 5.4%.