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Economy in New Milford, Connecticut

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Economy
EconomyNew Milford, CTUnited States
Unemployment Rate7.60%9.10%
Recent Job Growth-0.20%-0.12%
Future Job Growth32.00%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$31,178$27,067
Household Income$62,107$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K6.02%12.10%
Income between 15K and 25K8.43%10.18%
Income between 25K and 35K7.83%10.56%
Income between 35K and 50K15.49%14.98%
Income between 50K and 75K25.37%19.53%
Income between 75K and 100K14.56%12.52%
Income between 100K and 150K15.35%12.14%
Income between 150K and 250K4.46%3.91%
Income between 250K and 500K2.13%3.34%
Income greater than 500K0.35%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.67%13.81%
Professional and Related Occupations19.44%22.68%
Service15.79%14.51%
Sales and Office29.02%25.22%
Farming, Fishing, and Forestry0.13%0.68%
Construction, Extraction, and Maintenance10.93%9.37%
Production, Transportation, and Material Moving17.69%15.86%
Median Household Income

The unemployment rate in New Milford, CT, is 7.60%, with job growth of -0.20%. Future job growth over the next ten years is predicted to be 32.00%.

New Milford, CT Taxes

New Milford, CT,sales tax rate is 6.00%. Income tax is 5.00%.

New Milford, CT Income and Salaries

The income per capita is $31,178, which includes all adults and children. The median household income is $62,107.


New Milford Economy SperlingViews

re: Recently moved here in July - 10/27/2006: Hi! there, Hows the standard of living in / around new milford ? Whats theer to do in winter ?... (read more)re: Quality of life in New Milford, CT - 7/13/2006: Hi! there, How much is the average rent in new milford ? Any fun things to do in / around new milford... (read more)Recently moved here in July: I recently moved to New Milford and once I got past the culture schock ( I am from New York city! ) I think that its a great place to live! I have to correct this site... (read more)Have an opinion about New Milford? Leave a commentTo See All SperlingViews for New Milford Click Here