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Economy in Milford city, Connecticut

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyMilford city, CTUnited States
Unemployment Rate8.70%8.60%
Recent Job Growth-0.67%0.35%
Future Job Growth29.96%32.10%
Sales Taxes6.00%5.00%
Income Taxes5.00%4.70%
Income per Cap.$35,801$26,154
Household Income$73,676$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.51%12.37%
Income between 15K and 25K6.75%10.53%
Income between 25K and 35K6.56%10.88%
Income between 35K and 50K11.51%15.37%
Income between 50K and 75K20.85%20.14%
Income between 75K and 100K17.72%12.41%
Income between 100K and 150K20.34%11.27%
Income between 150K and 250K8.20%5.01%
Income between 250K and 500K2.35%1.86%
Income greater than 500K0.20%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations15.67%14.04%
Professional and Related Occupations23.92%20.61%
Service11.86%14.45%
Sales and Office27.90%26.75%
Farming, Fishing, and Forestry0.10%0.70%
Construction, Extraction, and Maintenance8.65%9.42%
Production, Transportation, and Material Moving11.90%14.05%


Median Household Income

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