Invest in Connecticut Veterans

National Invest in Veterans Week is observed from March 1 through March 7 each year and provides an opportunity to celebrate and honor our veterans and their contributions to our community and economy.

Here are some facts about veterans in Connecticut based on data from the 2019 American Community Survey:

Demographics

  • 167,521 of residents 18 or older are veterans, most of whom are 75 and older.

  • 93% of veterans identify as male and 7% identify as female.

  • The majority of veterans reported their race as white (89%), followed by Black or African American (7%).

Service Period

  • 6% of Connecticut residents 18 or older are veterans, with 36% serving in the Vietnam era.

Education, Income, and Employment

  • Veterans are more likely to have completed high school, attended some college, or attained an associate degree, but are less like to have obtained a bachelor’s degree or higher.

  • Median annual income for residents 18 or older is higher for veterans:

    • $48k vs. $49k for veterans who identify as male

    • $31k vs. $40k for veterans who identify as female

  • 81% of veterans between 18 and 64 are in the labor force with an unemployment rate of 4%, compared to 80% of non-veterans in the labor force with an unemployment rate of 6%.

Disability Status

  • Over 1 in 4 veterans have at least one disability, compared to less than 1 in 8 non-veterans.

How You Can Observe Invest in Veterans Week

If you want to show your support during Invest in Veterans Week, here are a few ideas:

  • Promote veteran-owned businesses on social media.

  • Buy from veteran-owned businesses.

  • Host a virtual gathering of veteran-owned businesses.

For more information

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Business & Economy, Workforce, Learn Data Skills, Demographics & Population, Census & ACSJason Cheungdsp phase I