Southington, CT is a small town located in Connecticut. It is home to many local businesses such as Carbone Auto Group, O'Mahony Legal Group, and Tri-City Electrical. The cost of living in Southington is slightly higher than the average US city. The rental cost for a 2 Bedroom apartment is $1,450 compared to an average of $1,430 in the US, and grocery costs are 7% higher than average at 107 on the index versus 100 in the US. Although there are higher costs associated with living in Southington, it remains an attractive option for those looking for a quiet community with access to local businesses.
Southington has an unemployment rate of 6.7%. The US average is 6.0%.
Southington has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Southington
- The Sales Tax Rate for Southington is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Southington is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Southington
- The average income of a Southington resident is $39,082 a year. The US average is $28,555 a year.
- The Median household income of a Southington resident is $104,963 a year. The US average is $69,021 a year.