Cheshire, CT Economy


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Cheshire, CT is a charming town located in New Haven County and it offers plenty of amenities for its residents. The cost of living is slightly higher than the US average; however, with an average two bedroom rent of $1,710, you are sure to find something that fits your lifestyle. Shopping is plentiful with local companies like Stop & Shop Supermarket, BevMax Wine & Spirits, Walgreens Pharmacy and Town Fair Tire all being accessible in the area. For those who enjoy outdoor activities there are several parks such as Cheshire Park and Recreation and Riverwalk Linear Trail where you can take a nice stroll or hike in natural surroundings. With great public schools and beautiful scenery it's no wonder why Cheshire has become such a desirable place to live!

Cheshire has an unemployment rate of 5.2%. The US average is 6.0%.

Cheshire 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 31.3%, which is lower than the US average of 33.5%.

Tax Rates for Cheshire
- The Sales Tax Rate for Cheshire is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Cheshire 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 Cheshire
- The average income of a Cheshire resident is $43,583 a year. The US average is $28,555 a year.
- The Median household income of a Cheshire resident is $132,682 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCheshire, ConnecticutUnited States
  5.26
  -4.9%-6.2%
  31.3%33.5%
  6.4%6.2%
  5.0%4.6%
  $57,009$37,638
  $132,682$69,021
  $160,302$85,028
  Population by Occupation
  0.6%1.2%
  0.1%0.5%
  3.7%6.8%
  11.4%10.0%
  3.5%2.5%
  8.3%11.0%
  2.2%4.8%
  0.4%0.8%
  1.6%1.9%
  9.2%4.7%
  2.4%1.9%
  9.7%7.6%
  0.1%0.1%
  2.1%4.2%
  13.6%9.3%
  17.2%14.0%
  2.6%2.1%
  3.6%7.0%
  4.0%4.8%
  3.7%4.7%
Reviews for Cheshire
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Over 11 years ago

Overall excellent town for raising kids. When comparing towns look at the numbers, they take out any biases. You get the most for your family in  More

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Over 14 years ago

I love Cheshire because the people there are friendly,mind their own business and the town is so pretty! I live in Meriden and I go to Cheshire often just to relax.  More

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