Barkhamsted, CT is a small town located in the northwest corner of the state. With a population of approximately 3,500 people, the town has a peaceful and rural feel to it. The cost of living in Barkhamsted is slightly lower than the US average; two bedroom rent in Barkhamsted is $1,410 compared to $1,430 across the US, and the Grocery Cost Index in Barkhamsted is 107 versus 100 across the US. \nBarkhamsted is home to some great attractions such as Peoples Forest State Park which offers hiking trails and camping sites for visitors. The Talcott Mountain Science Center & Academy is also located here, offering educational programs for all ages. Finally, there are several local companies in Barkhamsted such as North American Process Equipment Corporation (NAPEC), Agro BioSciences LLC., and Valley Veterinary Hospital.
Barkhamsted has an unemployment rate of 7.5%. The US average is 6.0%.
Barkhamsted 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 Barkhamsted
- The Sales Tax Rate for Barkhamsted is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Barkhamsted 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 Barkhamsted
- The average income of a Barkhamsted resident is $38,593 a year. The US average is $28,555 a year.
- The Median household income of a Barkhamsted resident is $107,969 a year. The US average is $69,021 a year.