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Economy in Connecticut

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyConnecticut, CTUnited States
Unemployment Rate8.40%8.60%
Recent Job Growth-0.49%0.35%
Future Job Growth30.62%32.10%
Sales Taxes6.35%5.00%
Income Taxes5.00%4.70%
Income per Cap.$35,917$26,154
Household Income$67,474$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K8.90%12.37%
Income between 15K and 25K7.69%10.53%
Income between 25K and 35K7.93%10.88%
Income between 35K and 50K12.52%15.37%
Income between 50K and 75K18.72%20.14%
Income between 75K and 100K14.70%12.41%
Income between 100K and 150K16.38%11.27%
Income between 150K and 250K8.96%5.01%
Income between 250K and 500K3.87%1.86%
Income greater than 500K0.34%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.44%14.04%
Professional and Related Occupations23.75%20.61%
Service13.70%14.45%
Sales and Office26.37%26.75%
Farming, Fishing, and Forestry0.20%0.70%
Construction, Extraction, and Maintenance8.00%9.42%
Production, Transportation, and Material Moving11.54%14.05%


Median Household Income

The unemployment rate in Connecticut, CT, is 8.40%, with job growth of -0.49%. Future job growth over the next ten years is predicted to be 30.62%.

Connecticut, CT Taxes

Connecticut, CT,sales tax rate is 6.35%. Income tax is 5.00%.

Connecticut, CT Income and Salaries

The income per capita is $35,917, which includes all adults and children. The median household income is $67,474.


Connecticut Economy SperlingViews

Expensive to Live Here: Connecticut has its ups and downs. If you like the 4 seasons its great. But its very expensive to live here. On a home valued at $250,000, local property tax can range... (read more)connecticut: very expensive place to live and die... (read more)Taxes: Tax you to death... (read more)Have an opinion about Connecticut? Leave a commentTo See All SperlingViews for Connecticut Click Here