Killingworth, CT Economy


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Killingworth, CT is a small town located in the northeast part of the state. It is known for its stunning views and peaceful atmosphere. Despite its small size, Killingworth offers plenty of activities for residents and visitors alike. Some local companies in Killingworth include Cromwell Plumbing and Heating, MacFarlane Pheasants, Inc., and Curtis Packaging Corporation. There are also some popular attractions in Killingworth such as the Hammonasset Beach State Park, Dinosaur Place at Nature's Art Village, and the Henry Whitfield State Museum. With its mild climate, affordable rent prices (2 bedroom rent is $1,580 compared to the US average of $1,430), and low grocery cost index (110 compared to 100 nationally), Killingworth provides an ideal living environment for families or anyone looking to escape city life.

Killingworth has an unemployment rate of 6.2%. The US average is 6.0%.

Killingworth has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Killingworth
- The Sales Tax Rate for Killingworth is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Killingworth 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 Killingworth
- The average income of a Killingworth resident is $51,316 a year. The US average is $28,555 a year.
- The Median household income of a Killingworth resident is $117,900 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKillingworth, ConnecticutUnited States
  6.26
  -4.6%-6.2%
  29.8%33.5%
  6.4%6.2%
  5.0%4.6%
  $51,187$37,638
  $117,900$69,021
  $153,811$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  5.7%6.8%
  6.9%10.0%
  1.4%2.5%
  9.5%11.0%
  1.6%4.8%
  4.0%0.8%
  2.1%1.9%
  5.4%4.7%
  0.8%1.9%
  14.3%7.6%
  0.0%0.1%
  1.0%4.2%
  17.2%9.3%
  14.1%14.0%
  4.2%2.1%
  1.8%7.0%
  4.8%4.8%
  4.4%4.7%
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