Columbia, CT is a small town located in Northern Connecticut with a population of 6,914 people. It's an ideal place for those looking to escape the hustle and bustle of city life. The cost of living in Columbia is relatively low compared to the US average, with two bedroom rent being only $1,310 compared to the US average of $1,430. Additionally, grocery costs are only slightly higher than that of the US on average at 106 versus 100. Locally owned businesses such as King's Country Store, Gorman Brothers Farm and Countryside Woodworking offer residents quality services and products. Columbia has something for everyone- from its peaceful countryside environment to its reasonably priced living costs.
Columbia has an unemployment rate of 6.2%. The US average is 6.0%.
Columbia 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 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Columbia
- The Sales Tax Rate for Columbia is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Columbia 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 Columbia
- The average income of a Columbia resident is $41,476 a year. The US average is $28,555 a year.
- The Median household income of a Columbia resident is $113,983 a year. The US average is $69,021 a year.