Economy in Groton, Connecticut
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Economy
| Unemployment Rate | 9.30% | 9.10% |
| Recent Job Growth | -1.93% | -0.12% |
| Future Job Growth | 26.84% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $28,014 | $27,067 |
| Household Income | $49,631 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 10.67% | 12.10% |
| Income between 15K and 25K | 8.46% | 10.18% |
| Income between 25K and 35K | 11.91% | 10.56% |
| Income between 35K and 50K | 19.25% | 14.98% |
| Income between 50K and 75K | 21.28% | 19.53% |
| Income between 75K and 100K | 13.80% | 12.52% |
| Income between 100K and 150K | 10.91% | 12.14% |
| Income between 150K and 250K | 2.72% | 3.91% |
| Income between 250K and 500K | 0.91% | 3.34% |
| Income greater than 500K | 0.10% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.18% | 13.81% |
| Professional and Related Occupations | 24.19% | 22.68% |
| Service | 21.66% | 14.51% |
| Sales and Office | 24.38% | 25.22% |
| Farming, Fishing, and Forestry | 0.24% | 0.68% |
| Construction, Extraction, and Maintenance | 6.80% | 9.37% |
| Production, Transportation, and Material Moving | 12.05% | 15.86% |
The unemployment rate in Groton, CT, is 9.30%, with job growth of -1.93%. Future job growth over the next ten years is predicted to be 26.84%.
Groton, CT Taxes
Groton, CT,sales tax rate is 6.00%. Income tax is 5.00%.
Groton, CT Income and Salaries
The income per capita is $28,014, which includes all adults and children. The median household income is $49,631.
Groton Economy SperlingViews
This place is horrible. (Groton CT, MOST ALL OF CT: Most people aren't from here originally. Everything is overpriced from rent to groceries. The ship-yards and Pfizer smell really bad, not to mention the Hess (gas)... (read more)Whats not to like ?: We just got here 5 and 1/2 months ago and talk about location , right on the water and a short hop to NYC one way and Boston the other way . Also this place does'nt get... (read more)thru the roof!: groton is the submarione capital of america- a lot of navy ppl come thru this town for a school. the cost of living on anything there- is very high- ibought 4 tomatoes... (read more)Have an opinion about Groton? Leave a commentTo See All SperlingViews for Groton Click Here
