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Economy in Canton, Connecticut

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyCanton, CTUnited States
Unemployment Rate7.30%9.10%
Recent Job Growth0.39%-0.12%
Future Job Growth33.48%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$43,872$27,067
Household Income$85,149$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.02%12.10%
Income between 15K and 25K4.53%10.18%
Income between 25K and 35K5.04%10.56%
Income between 35K and 50K12.64%14.98%
Income between 50K and 75K17.46%19.53%
Income between 75K and 100K16.09%12.52%
Income between 100K and 150K22.52%12.14%
Income between 150K and 250K7.60%3.91%
Income between 250K and 500K8.52%3.34%
Income greater than 500K1.58%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations21.06%13.81%
Professional and Related Occupations28.54%22.68%
Service9.58%14.51%
Sales and Office24.98%25.22%
Farming, Fishing, and Forestry0.19%0.68%
Construction, Extraction, and Maintenance6.95%9.37%
Production, Transportation, and Material Moving8.20%15.86%
Median Household Income

The unemployment rate in Canton, CT, is 7.30%, with job growth of 0.39%. Future job growth over the next ten years is predicted to be 33.48%.

Canton, CT Taxes

Canton, CT,sales tax rate is 6.00%. Income tax is 5.00%.

Canton, CT Income and Salaries

The income per capita is $43,872, which includes all adults and children. The median household income is $85,149.


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