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Economy in Redding, Connecticut

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyRedding, CTUnited States
Unemployment Rate6.10%9.10%
Recent Job Growth0.80%-0.12%
Future Job Growth35.50%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$62,550$27,067
Household Income$135,851$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K1.92%12.10%
Income between 15K and 25K2.66%10.18%
Income between 25K and 35K4.46%10.56%
Income between 35K and 50K4.91%14.98%
Income between 50K and 75K8.66%19.53%
Income between 75K and 100K11.49%12.52%
Income between 100K and 150K22.23%12.14%
Income between 150K and 250K16.14%3.91%
Income between 250K and 500K19.41%3.34%
Income greater than 500K8.12%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations29.35%13.81%
Professional and Related Occupations32.32%22.68%
Service7.97%14.51%
Sales and Office18.43%25.22%
Farming, Fishing, and Forestry0.62%0.68%
Construction, Extraction, and Maintenance6.90%9.37%
Production, Transportation, and Material Moving3.95%15.86%
Median Household Income

The unemployment rate in Redding, CT, is 6.10%, with job growth of 0.80%. Future job growth over the next ten years is predicted to be 35.50%.

Redding, CT Taxes

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

Redding, CT Income and Salaries

The income per capita is $62,550, which includes all adults and children. The median household income is $135,851.


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