Bloomfield, CT Economy


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Bloomfield, Connecticut is a great place to live. It has a good economy with local companies like Bloomfield Bank & Trust and Allergy Associates of Hartford providing services to the community. The town also offers a number of different attractions to visit such as the Wintonbury Historical Society Museum or the Penwood State Park. There are plenty of events that occur in Bloomfield throughout the year including the annual Bloomfield Arts Festival or the CT Open House Day for people to explore all that this town has to offer. With two bedroom rent at $1,890 compared to the US average of $1,430 and a Grocery Cost Index of 105 versus 100 in the US, Bloomfield is an affordable place to live with plenty of activities and amenities for residents.

Bloomfield has an unemployment rate of 8.7%. The US average is 6.0%.

Bloomfield has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.

Tax Rates for Bloomfield
- The Sales Tax Rate for Bloomfield is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Bloomfield 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 Bloomfield
- The average income of a Bloomfield resident is $40,664 a year. The US average is $28,555 a year.
- The Median household income of a Bloomfield resident is $81,354 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBloomfield, ConnecticutUnited States
  8.76
  -6.0%-6.2%
  28.5%33.5%
  6.4%6.2%
  5.0%4.6%
  $43,961$37,638
  $81,354$69,021
  $97,917$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.5%6.8%
  9.3%10.0%
  0.9%2.5%
  5.6%11.0%
  6.3%4.8%
  0.4%0.8%
  1.4%1.9%
  9.3%4.7%
  1.8%1.9%
  5.3%7.6%
  0.1%0.1%
  2.6%4.2%
  10.3%9.3%
  24.4%14.0%
  1.4%2.1%
  3.3%7.0%
  6.8%4.8%
  5.6%4.7%
Reviews for Bloomfield
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Over 16 years ago

This is very diverse area. Income, housing, neighborhoods are diverse as well. Crime is very low especially when you consider how close we are to the  More

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