Economy in Milford city, Connecticut
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| Unemployment Rate | 8.70% | 8.60% |
| Recent Job Growth | -0.67% | 0.35% |
| Future Job Growth | 29.96% | 32.10% |
| Sales Taxes | 6.00% | 5.00% |
| Income Taxes | 5.00% | 4.70% |
| Income per Cap. | $35,801 | $26,154 |
| Household Income | $73,676 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.51% | 12.37% |
| Income between 15K and 25K | 6.75% | 10.53% |
| Income between 25K and 35K | 6.56% | 10.88% |
| Income between 35K and 50K | 11.51% | 15.37% |
| Income between 50K and 75K | 20.85% | 20.14% |
| Income between 75K and 100K | 17.72% | 12.41% |
| Income between 100K and 150K | 20.34% | 11.27% |
| Income between 150K and 250K | 8.20% | 5.01% |
| Income between 250K and 500K | 2.35% | 1.86% |
| Income greater than 500K | 0.20% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.67% | 14.04% |
| Professional and Related Occupations | 23.92% | 20.61% |
| Service | 11.86% | 14.45% |
| Sales and Office | 27.90% | 26.75% |
| Farming, Fishing, and Forestry | 0.10% | 0.70% |
| Construction, Extraction, and Maintenance | 8.65% | 9.42% |
| Production, Transportation, and Material Moving | 11.90% | 14.05% |
The unemployment rate in Milford city, CT, is 8.70%, with job growth of -0.67%. Future job growth over the next ten years is predicted to be 29.96%.
Milford city, CT Taxes
Milford city, CT,sales tax rate is 6.00%. Income tax is 5.00%.
Milford city, CT Income and Salaries
The income per capita is $35,801, which includes all adults and children. The median household income is $73,676.
Milford city 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 city? Leave a commentTo See All SperlingViews for Milford city Click Here