Economy in Colchester, Connecticut
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Economy
| Unemployment Rate | 8.80% | 9.10% |
| Recent Job Growth | 0.57% | -0.12% |
| Future Job Growth | 32.34% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $36,818 | $27,067 |
| Household Income | $86,719 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 4.23% | 12.10% |
| Income between 15K and 25K | 5.94% | 10.18% |
| Income between 25K and 35K | 4.80% | 10.56% |
| Income between 35K and 50K | 8.18% | 14.98% |
| Income between 50K and 75K | 18.49% | 19.53% |
| Income between 75K and 100K | 17.50% | 12.52% |
| Income between 100K and 150K | 24.78% | 12.14% |
| Income between 150K and 250K | 10.01% | 3.91% |
| Income between 250K and 500K | 5.11% | 3.34% |
| Income greater than 500K | 0.97% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 17.71% | 13.81% |
| Professional and Related Occupations | 27.88% | 22.68% |
| Service | 12.44% | 14.51% |
| Sales and Office | 22.11% | 25.22% |
| Farming, Fishing, and Forestry | 0.22% | 0.68% |
| Construction, Extraction, and Maintenance | 9.01% | 9.37% |
| Production, Transportation, and Material Moving | 13.10% | 15.86% |
The unemployment rate in Colchester, CT, is 8.80%, with job growth of 0.57%. Future job growth over the next ten years is predicted to be 32.34%.
Colchester, CT Taxes
Colchester, CT,sales tax rate is 6.00%. Income tax is 5.00%.
Colchester, CT Income and Salaries
The income per capita is $36,818, which includes all adults and children. The median household income is $86,719.
Colchester Economy SperlingViews
A Nice Place to Live and Work: Colchester is located in the south-central portion of Connecticut about 30 minutes east of the capital of Hartford. Our downtown area is situated around a large town... (read more)Life in Colchester: Colchester to me is a perfect place to live. Although it is about a 30 minute drive to most stores, it has a lot to offer, and especially if you have children. There is... (read more)Have an opinion about Colchester? Leave a commentTo See All SperlingViews for Colchester Click Here
