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Economy in Montville, Connecticut

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMontville, CTUnited States
Unemployment Rate9.20%9.10%
Recent Job Growth-1.45%-0.12%
Future Job Growth27.90%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$28,258$27,067
Household Income$66,229$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K6.50%12.10%
Income between 15K and 25K6.29%10.18%
Income between 25K and 35K9.36%10.56%
Income between 35K and 50K12.39%14.98%
Income between 50K and 75K23.47%19.53%
Income between 75K and 100K18.81%12.52%
Income between 100K and 150K16.32%12.14%
Income between 150K and 250K4.77%3.91%
Income between 250K and 500K1.84%3.34%
Income greater than 500K0.24%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.83%13.81%
Professional and Related Occupations22.00%22.68%
Service18.34%14.51%
Sales and Office24.22%25.22%
Farming, Fishing, and Forestry0.09%0.68%
Construction, Extraction, and Maintenance9.44%9.37%
Production, Transportation, and Material Moving15.66%15.86%
Median Household Income

The unemployment rate in Montville, CT, is 9.20%, with job growth of -1.45%. Future job growth over the next ten years is predicted to be 27.90%.

Montville, CT Taxes

Montville, CT,sales tax rate is 6.00%. Income tax is 5.00%.

Montville, CT Income and Salaries

The income per capita is $28,258, which includes all adults and children. The median household income is $66,229.


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