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Economy in Newington, Connecticut

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Economy
EconomyNewington, CTUnited States
Unemployment Rate8.20%9.10%
Recent Job Growth-0.36%-0.12%
Future Job Growth31.08%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$35,155$27,067
Household Income$72,192$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.71%12.10%
Income between 15K and 25K6.74%10.18%
Income between 25K and 35K6.88%10.56%
Income between 35K and 50K11.66%14.98%
Income between 50K and 75K21.17%19.53%
Income between 75K and 100K17.88%12.52%
Income between 100K and 150K20.86%12.14%
Income between 150K and 250K5.77%3.91%
Income between 250K and 500K2.90%3.34%
Income greater than 500K0.42%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.51%13.81%
Professional and Related Occupations24.92%22.68%
Service10.78%14.51%
Sales and Office29.42%25.22%
Farming, Fishing, and Forestry0.02%0.68%
Construction, Extraction, and Maintenance6.62%9.37%
Production, Transportation, and Material Moving11.77%15.86%
Median Household Income

The unemployment rate in Newington, CT, is 8.20%, with job growth of -0.36%. Future job growth over the next ten years is predicted to be 31.08%.

Newington, CT Taxes

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

Newington, CT Income and Salaries

The income per capita is $35,155, which includes all adults and children. The median household income is $72,192.


Newington Economy SperlingViews

Newington CT - Gotta get out soon.: Typical over developed Connecticut town. Been here about 20 years. Bought the house before we even thought about having children. Turns out our "starter" home was very... (read more)Have an opinion about Newington? Leave a commentTo See All SperlingViews for Newington Click Here