Lisbon, CT is an idyllic small town located near the Connecticut River. With a population of less than 8,000 residents, Lisbon is a great place to live with ample outdoor activities for everyone. The 2 bedroom rent in Lisbon is quite reasonable at $1,350 compared to the US average of $1,430. Additionally, the grocery cost index in Lisbon is 5% higher than US average. There are many local companies that make up the economy of this small town such as Norwich Inn & Spa, Quinebaug Valley Community College and Brooklyn Pizza & Restaurant. All these make Lisbon an ideal place for people who are looking for a peaceful environment to live and raise a family.
Lisbon has an unemployment rate of 9.1%. The US average is 6.0%.
Lisbon has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Lisbon
- The Sales Tax Rate for Lisbon is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Lisbon 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 Lisbon
- The average income of a Lisbon resident is $35,867 a year. The US average is $28,555 a year.
- The Median household income of a Lisbon resident is $83,158 a year. The US average is $69,021 a year.