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Norwich-New London Labor Market Area (1Q 2019)
All Industry
Estimated employment30
Mean wage$91.25
Entry wage$33.80
10th percentile wage$27.66
50th percentile wage$83.45
90th percentile wageN/A
Top Employing Industries
 IndustryEmployment
Percent
Financial Activities2077.1%
Top Paying Industries
 IndustryEmployment
Median Wage
Financial Activities20$
Personal Financial Advisors (13-2052)
Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.
Median Wage History
YearThis
Occupation
Compared to
Occupational Group
Difference
Current$83.45 $34.45 $49.00
2018$82.84+.7%$34.20+.7%$48.64
2017$80.70+2.6%$33.32+2.6%$47.39
2016$78.81+2.4%$32.54+2.4%$46.28
2015$76.98+2.4%$31.78+2.4%$45.20
2014$74.85+2.9%$30.90+2.9%$43.95
2013$73.08+2.4%$30.17+2.4%$42.91
2012$71.31+2.5%$29.44+2.5%$41.87
2011$70.15+1.7%$28.96+1.7%$41.19
2010$69.05+1.6%$28.51+1.6%$40.55
YearThis
Occupation
Compared to
All Occupations
Difference
Current$83.45 $21.44 $62.01
2018$82.84+.7%$21.25+.9%$61.59
2017$80.70+2.6%$20.60+3.1%$60.10
2016$78.81+2.4%$20.05+2.8%$58.76
2015$76.98+2.4%$19.59+2.3%$57.39
2014$74.85+2.9%$19.18+2.1%$55.66
2013$73.08+2.4%$18.77+2.2%$54.31
2012$71.31+2.5%$18.40+2.1%$52.92
2011$70.15+1.7%$18.08+1.7%$52.07
2010$69.05+1.6%$17.80+1.6%$51.26
Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.
Reference Date: 1st Quarter 2019
Top Areas For This Occupation
Best Pay
Median Wage / Employment
Norwich/NewLond$83.4530
Waterbury $58.3120
Hartford $48.55850
Bridge/Stam$48.503,090
Highest Employment
Median Wage / Employment
Bridge/Stam$48.503,090
Hartford $48.55850
New Haven $43.76340
Danbury $38.14130
Wages in other areas
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