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Economy in Cromwell, Connecticut

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyCromwell, CTUnited States
Unemployment Rate7.60%9.10%
Recent Job Growth-0.66%-0.12%
Future Job Growth31.08%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$37,919$27,067
Household Income$73,077$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.94%12.10%
Income between 15K and 25K4.50%10.18%
Income between 25K and 35K7.32%10.56%
Income between 35K and 50K12.49%14.98%
Income between 50K and 75K22.67%19.53%
Income between 75K and 100K18.10%12.52%
Income between 100K and 150K18.24%12.14%
Income between 150K and 250K6.14%3.91%
Income between 250K and 500K4.57%3.34%
Income greater than 500K1.04%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations21.57%13.81%
Professional and Related Occupations26.58%22.68%
Service10.97%14.51%
Sales and Office28.08%25.22%
Farming, Fishing, and Forestry0.70%0.68%
Construction, Extraction, and Maintenance6.57%9.37%
Production, Transportation, and Material Moving10.38%15.86%
Median Household Income

The unemployment rate in Cromwell, CT, is 7.60%, with job growth of -0.66%. Future job growth over the next ten years is predicted to be 31.08%.

Cromwell, CT Taxes

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

Cromwell, CT Income and Salaries

The income per capita is $37,919, which includes all adults and children. The median household income is $73,077.


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