2024 Compare Cities Economy:
Monson, MA vs Colchester, CT

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Highlights
- Household income in Colchester, is 45% more than it is in Monson and is 34% above the National Average.
- Monson unemployment rate is 7.3%.
- Colchester unemployment rate is 6.8%.
 Monson, MAColchester, CTUnited States
 Unemployment Rate7.3%6.8%6.0%
 Recent Job Growth3.6%0.3%1.6%
 Future Job Growth33.7%30.3%33.5%
 Sales Taxes6.3%6.4%6.2%
 Income Taxes5.1%5.0%4.6%
 Income per Cap.$41,590$48,144$37,638
 Household Income$72,305$104,527$69,021
 Family Median Income$90,302$127,647$85,028
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 Est. Households By Income
 Monson, MAColchester, CTUnited States
 Income Less Than 15K8.5%4.6%9.4%
 Income between 15K and 20K3.5%3.1%3.8%
 Income between 20K and 30K6.0%3.3%8.1%
 Income between 30K and 40K6.9%7.1%8.0%
 Income between 40K and 50K10.9%4.5%7.6%
 Income between 50K and 60K3.9%3.4%7.2%
 Income between 60K and 75K12.8%10.5%9.6%
 Income between 75K and 100K10.8%10.5%12.8%
 Income between 100K and 150K17.7%22.2%16.3%
 Income between 150K and 200K9.4%16.9%7.8%
 Income greater than 200K9.4%13.9%9.5%
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 Population By Occupation
 Monson, MAColchester, CTUnited States
 Management, business, finance14.6%20.6%16.4%
 Engineering, computers, science4.8%10.3%6.5%
 Community, social services2.2%2.5%1.8%
 Legal0.5%1.2%1.2%
 Education, library5.0%11.3%6.2%
 Arts, design, media, sports, entertainment1.5%3.1%2.0%
 Healthcare practitioners and technology6.4%6.9%6.2%
 Healthcare support2.2%2.6%3.3%
 Firefighters, law enforcement4.1%2.7%2.1%
 Food preparation, serving1.9%7.0%5.4%
 Building maintenance2.9%1.4%3.6%
 Personal care1.8%1.5%2.6%
 Sales, office, administrative support23.7%12.9%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair12.6%6.1%8.1%
 Production, transportation, material moving15.7%10.1%13.1%
Reviews for Monson    0 Reviews

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Reviews for Colchester    3 Reviews

Over 9 years ago

I vote that we nickname colchester coolchester  More

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Over 15 years ago

Colchester to me is a perfect place to live. Although it is about a 30 minute drive to most stores, it has a lot to offer, and especially if you have children. There is  More

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Colchester is located in the south-central portion of Connecticut about 30 minutes east of the capital of Hartford. Our downtown area is situated around a large town  More

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