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2024 Compare Cities Economy:
Old Lyme, CT vs Simsbury, CT

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Highlights
- Household income in Simsbury, is 18% more than it is in Old Lyme and is 49% above the National Average.
- Old Lyme unemployment rate is 7.7%.
- Simsbury unemployment rate is 5.3%.

Economy
 Old Lyme, CTSimsbury, CTUnited States
 Unemployment Rate7.7%5.3%6.0%
 Recent Job Growth0.2%0.3%1.6%
 Future Job Growth31.1%32.5%33.5%
 Sales Taxes6.4%6.4%6.2%
 Income Taxes5.0%5.0%4.6%
 Income per Cap.$74,149$68,112$37,638
 Household Income$113,889$134,688$69,021
 Family Median Income$145,721$164,191$85,028
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 Est. Households By Income
 Old Lyme, CTSimsbury, CTUnited States
 Income Less Than 15K3.0%3.9%9.4%
 Income between 15K and 20K3.3%1.4%3.8%
 Income between 20K and 30K3.5%5.1%8.1%
 Income between 30K and 40K4.3%3.4%8.0%
 Income between 40K and 50K6.1%4.0%7.6%
 Income between 50K and 60K4.2%4.2%7.2%
 Income between 60K and 75K5.9%4.4%9.6%
 Income between 75K and 100K12.3%10.5%12.8%
 Income between 100K and 150K21.1%19.1%16.3%
 Income between 150K and 200K14.5%14.6%7.8%
 Income greater than 200K21.9%29.4%9.5%
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 Population By Occupation
 Old Lyme, CTSimsbury, CTUnited States
 Management, business, finance24.6%29.2%16.4%
 Engineering, computers, science8.8%10.2%6.5%
 Community, social services2.1%2.4%1.8%
 Legal2.2%3.1%1.2%
 Education, library8.0%9.5%6.2%
 Arts, design, media, sports, entertainment2.5%3.4%2.0%
 Healthcare practitioners and technology7.1%5.8%6.2%
 Healthcare support0.8%1.5%3.3%
 Firefighters, law enforcement0.4%0.6%2.1%
 Food preparation, serving6.4%3.1%5.4%
 Building maintenance4.9%1.3%3.6%
 Personal care3.5%3.0%2.6%
 Sales, office, administrative support16.2%19.3%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair5.2%2.4%8.1%
 Production, transportation, material moving6.9%5.1%13.1%

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Reviews for Simsbury    2 Reviews

Over 14 years ago

We've lived in Simsbury for over 24 years, relocated here by choice because of the small town feel and quality of education. We made the right choice, cost of living is  More

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Over 15 years ago

I lived in Simsbury for 1 1/2 yrs. The cost of housing as a whole is expensive. Homes are a bit more than surrounding areas, but the property tax is what drives up the  More

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