Zip 06335 (Gales Ferry, CT) Economy


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Gales Ferry, CT 06335 is a lively residential area known for its convenient location and features. According to Rent Jungle, the median 2 bedroom rent in Gales Ferry is $1,620. This is slightly higher than the US average of $1,430. Grocery Cost Index in Gales Ferry is 106 versus the national average of 100. As such, local residents benefit from access to numerous local amenities such as Stop & Shop, The Fish Market Seafood Restaurant and Gallagher's Boathouse Bar & Grill. Stop & Shop offers a variety of groceries at reasonable prices while The Fish Market serves up delicious seafood favorites cooked to perfection. Gallagher's Boathouse Bar & Grill offers a great selection of craft beer on tap as well as classic pub fare and live music events.

Gales Ferry (zip 06335) has an unemployment rate of 7.9%. The US average is 6.0%.

Gales Ferry (zip 06335) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.

Tax Rates for Gales Ferry (zip 06335)
- The Sales Tax Rate for Gales Ferry (zip 06335) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Gales Ferry (zip 06335) 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 Gales Ferry (zip 06335)
- The average income of a Gales Ferry (zip 06335) resident is $43,136 a year. The US average is $28,555 a year.
- The Median household income of a Gales Ferry (zip 06335) resident is $97,868 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGales Ferry, ConnecticutUnited States
  7.96
  -10.5%-6.2%
  32.2%33.5%
  6.4%6.2%
  5.0%4.6%
  $41,522$37,638
  $97,868$69,021
  $125,525$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.5%6.8%
  15.1%10.0%
  0.0%2.5%
  9.6%11.0%
  2.6%4.8%
  2.7%0.8%
  1.6%1.9%
  0.4%4.7%
  2.6%1.9%
  9.1%7.6%
  0.0%0.1%
  3.1%4.2%
  6.2%9.3%
  12.1%14.0%
  3.1%2.1%
  4.3%7.0%
  6.1%4.8%
  14.9%4.7%
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