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Economy in Watertown, Connecticut

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyWatertown, CTUnited States
Unemployment Rate9.20%9.10%
Recent Job Growth0.15%-0.12%
Future Job Growth31.10%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$33,246$27,067
Household Income$73,486$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.79%12.10%
Income between 15K and 25K5.55%10.18%
Income between 25K and 35K7.36%10.56%
Income between 35K and 50K12.66%14.98%
Income between 50K and 75K19.60%19.53%
Income between 75K and 100K17.42%12.52%
Income between 100K and 150K21.50%12.14%
Income between 150K and 250K5.88%3.91%
Income between 250K and 500K3.46%3.34%
Income greater than 500K0.79%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.79%13.81%
Professional and Related Occupations27.08%22.68%
Service14.04%14.51%
Sales and Office25.23%25.22%
Farming, Fishing, and Forestry0.07%0.68%
Construction, Extraction, and Maintenance7.86%9.37%
Production, Transportation, and Material Moving16.62%15.86%
Median Household Income

The unemployment rate in Watertown, CT, is 9.20%, with job growth of 0.15%. Future job growth over the next ten years is predicted to be 31.10%.

Watertown, CT Taxes

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

Watertown, CT Income and Salaries

The income per capita is $33,246, which includes all adults and children. The median household income is $73,486.


Watertown Economy SperlingViews

long winters: The winters are cold and damp and long. The summers are not too hot, although there can be humidity for at least several weeks in the summer, which makes it... (read more)Great place to live.: We have lived in Watertown now 1 1/2 years, I love the location and... (read more)Have an opinion about Watertown? Leave a commentTo See All SperlingViews for Watertown Click Here