Economy in Milford, Connecticut
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Economy
| Unemployment Rate | 10.20% | 9.10% |
| Recent Job Growth | 0.00% | -0.12% |
| Future Job Growth | 29.80% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $37,646 | $27,067 |
| Household Income | $78,358 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.00% | 12.10% |
| Income between 15K and 25K | 6.07% | 10.18% |
| Income between 25K and 35K | 6.43% | 10.56% |
| Income between 35K and 50K | 9.83% | 14.98% |
| Income between 50K and 75K | 20.13% | 19.53% |
| Income between 75K and 100K | 17.22% | 12.52% |
| Income between 100K and 150K | 22.47% | 12.14% |
| Income between 150K and 250K | 7.64% | 3.91% |
| Income between 250K and 500K | 4.54% | 3.34% |
| Income greater than 500K | 0.68% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.41% | 13.81% |
| Professional and Related Occupations | 26.27% | 22.68% |
| Service | 10.91% | 14.51% |
| Sales and Office | 26.07% | 25.22% |
| Farming, Fishing, and Forestry | 0.08% | 0.68% |
| Construction, Extraction, and Maintenance | 8.05% | 9.37% |
| Production, Transportation, and Material Moving | 13.20% | 15.86% |
The unemployment rate in Milford, CT, is 10.20%, with job growth of 0.00%. Future job growth over the next ten years is predicted to be 29.80%.
Milford, CT Taxes
Milford, CT,sales tax rate is 6.00%. Income tax is 5.00%.
Milford, CT Income and Salaries
The income per capita is $37,646, which includes all adults and children. The median household income is $78,358.
Milford Economy SperlingViews
Milford, CT review: Nice town to live in. Easy to commute to NYC by train. Several miles of beaches on Long Island Sound. High Cost of... (read more)re: hope you make a lot - 3/23/2010: First off, to the previous poster: your estimates on both home prices and taxes are WAY off. I live in a house I just purchased for $350,000 and it's brand new and... (read more)hope you make a lot: property values and taxes are high. for a shoe box plan on spending 300K, plus 10K per year in property taxes. and all of this to live in a total gridlock. the people... (read more)Have an opinion about Milford? Leave a commentTo See All SperlingViews for Milford Click Here