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Economy in South Coventry, Connecticut

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomySouth Coventry, CTUnited States
Unemployment Rate8.10%9.10%
Recent Job Growth0.11%-0.12%
Future Job Growth32.12%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$35,281$27,067
Household Income$73,118$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K6.33%12.10%
Income between 15K and 25K3.80%10.18%
Income between 25K and 35K4.34%10.56%
Income between 35K and 50K15.19%14.98%
Income between 50K and 75K22.24%19.53%
Income between 75K and 100K15.19%12.52%
Income between 100K and 150K19.35%12.14%
Income between 150K and 250K8.68%3.91%
Income between 250K and 500K4.16%3.34%
Income greater than 500K0.72%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.97%13.81%
Professional and Related Occupations29.81%22.68%
Service11.90%14.51%
Sales and Office20.59%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance15.11%9.37%
Production, Transportation, and Material Moving12.03%15.86%
Median Household Income

The unemployment rate in South Coventry, CT, is 8.10%, with job growth of 0.11%. Future job growth over the next ten years is predicted to be 32.12%.

South Coventry, CT Taxes

South Coventry, CT,sales tax rate is 6.00%. Income tax is 5.00%.

South Coventry, CT Income and Salaries

The income per capita is $35,281, which includes all adults and children. The median household income is $73,118.


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