Bridgewater, Connecticut (06752) is a small town with a population of just under 2,000 residents. Living in the area is not cheap; the average rent for a two-bedroom apartment is $1,960 – significantly higher than the US average of $1,430. Grocery costs are also rather high; this area has an index of 113 compared to 100 in the US.
The local economy consists of a variety of businesses that range from small family-owned stores and restaurants to larger businesses such as Bridgewater Manufacturing, Inc., Bridgewater Energy LLC, and Bridgewater Building Supply Inc. These companies provide employment opportunities to nearby towns and cities. Other businesses in the area include banks, auto shops, medical offices, hair salons, spas, and more. There’s something for everyone in Bridgewater!
Bridgewater (zip 06752) has an unemployment rate of 7.9%. The US average is 6.0%.
Bridgewater (zip 06752) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Bridgewater (zip 06752)
- The Sales Tax Rate for Bridgewater (zip 06752) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Bridgewater (zip 06752) 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 Bridgewater (zip 06752)
- The average income of a Bridgewater (zip 06752) resident is $63,029 a year. The US average is $28,555 a year.
- The Median household income of a Bridgewater (zip 06752) resident is $138,343 a year. The US average is $69,021 a year.