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The labor pool participation rate in Mystic is 58.9%, with an unemployment rate of 5%. For people in the labor pool, the typical commute time is 22.1 minutes. 31% of Mystic’s population have a grad degree, and 25.7% have earned a bachelors degree. For everyone without a college degree, 20.4% have some college, 15.7% have a high school diploma, and just 7.1% possess an education significantly less than senior high school. 2.5% are not included in medical insurance.
The typical family unit size in Mystic, CT is 2.6 household members, with 67.5% owning their particular homes. The mean home appraisal is $423342. For people renting, they pay an average of $1341 per month. 50.9% of households have two sources of income, and an average household income of $94102. Average income is $47500. 5.8% of town residents exist at or below the poverty line, and 12.3% are considered disabled. 7.9% of citizens are veterans associated with the US military.