Lake Pocotopaug, CT is an idyllic, small town in Connecticut. It offers a tranquil atmosphere, with lush green landscapes and plenty of recreational activities to enjoy. The rent for a two bedroom apartment is slightly higher than the national average at $1,560. The grocery cost index is also higher than normal at 106, making it more expensive than other areas across the US. Some of the local attractions for visitors include the Lake Pocotopaug Golf Course and Sparks Marina Park, great spots for outdoor enthusiasts to explore. Shopping options abound as well with stores such as Twin Lake Market and Green Acres Farm Store located nearby.
Lake Pocotopaug has an unemployment rate of 7.0%. The US average is 6.0%.
Lake Pocotopaug has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Lake Pocotopaug
- The Sales Tax Rate for Lake Pocotopaug is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Lake Pocotopaug 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 Lake Pocotopaug
- The average income of a Lake Pocotopaug resident is $45,816 a year. The US average is $28,555 a year.
- The Median household income of a Lake Pocotopaug resident is $99,342 a year. The US average is $69,021 a year.