Branford, CT is a vibrant coastal community located in New Haven County. It offers stunning views of Long Island Sound and nearby fishing and recreational activities. The cost of living is high compared to other parts of the country with a 2 bedroom rent coming in at $1,810 per month versus $1,430 in the US. Grocery cost index in Branford is 107 versus 100 in the US. There are many notable companies that call Branford home such as Yale University, Stony Creek Brewery, and Pine Orchard Yacht & Country Club. This charming town offers something for everyone from its natural beauty to its engaging businesses and cultural attractions.
Branford has an unemployment rate of 7.1%. The US average is 6.0%.
Branford has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Branford
- The Sales Tax Rate for Branford is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Branford is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Branford
- The average income of a Branford resident is $43,769 a year. The US average is $28,555 a year.
- The Median household income of a Branford resident is $87,738 a year. The US average is $69,021 a year.