Hartford, CT County is an attractive option for those looking for a more affordable living option. The average two bedroom rent in Hartford is $1,500 per month compared to the US average of $1,430, making it a more budget-friendly choice for potential residents. Additionally, the Grocery Cost Index in Hartford is 106 versus 100 in the US, so groceries are slightly less expensive than elsewhere. Hartford is home to many businesses such as Aetna Inc., Stanley Black & Decker and The Hartford Financial Services Group Inc. These companies create numerous job opportunities for the citizens of Hartford and have been contributing to its economy ever since their founding.
Hartford County has an unemployment rate of 8.6%. The US average is 6.0%.
Hartford County 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 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Hartford County
- The Sales Tax Rate for Hartford County is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Hartford County 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 Hartford County
- The average income of a Hartford County resident is $35,307 a year. The US average is $28,555 a year.
- The Median household income of a Hartford County resident is $80,320 a year. The US average is $69,021 a year.