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Economy in Essex, Connecticut

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyEssex, CTUnited States
Unemployment Rate7.40%9.10%
Recent Job Growth-0.13%-0.12%
Future Job Growth32.34%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$55,650$27,067
Household Income$90,864$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.53%12.10%
Income between 15K and 25K4.94%10.18%
Income between 25K and 35K6.19%10.56%
Income between 35K and 50K10.56%14.98%
Income between 50K and 75K14.63%19.53%
Income between 75K and 100K15.91%12.52%
Income between 100K and 150K18.76%12.14%
Income between 150K and 250K9.55%3.91%
Income between 250K and 500K12.28%3.34%
Income greater than 500K3.63%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations21.58%13.81%
Professional and Related Occupations30.74%22.68%
Service8.75%14.51%
Sales and Office26.64%25.22%
Farming, Fishing, and Forestry0.03%0.68%
Construction, Extraction, and Maintenance6.13%9.37%
Production, Transportation, and Material Moving11.15%15.86%
Median Household Income

The unemployment rate in Essex, CT, is 7.40%, with job growth of -0.13%. Future job growth over the next ten years is predicted to be 32.34%.

Essex, CT Taxes

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

Essex, CT Income and Salaries

The income per capita is $55,650, which includes all adults and children. The median household income is $90,864.


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