Bethany, CT Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Bethany, CT is a small town located in New Haven County with an estimated population of 5,585. It is known for its scenic landscape and charming homes, making it an attractive place to live. The average 2 bedroom rental price of $1,620 in Bethany is slightly above the US average of $1,430. Additionally, the Grocery Cost Index in Bethany exceeds that of the US at 110 versus 100, respectively.
Residents of Bethany have access to several local companies in both retail and industrial sectors such as Wallingford Electric Supply Co., Sunwood Development Corporation, and Union Street Partners. Public transportation options include bus services through CT Transit, Amtrak trains at Meriden Station (25 minutes away from Bethany), and Bradley International Airport (45 minutes away).

Bethany has an unemployment rate of 5.8%. The US average is 6.0%.

Bethany 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 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Bethany
- The Sales Tax Rate for Bethany is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Bethany 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 Bethany
- The average income of a Bethany resident is $45,430 a year. The US average is $28,555 a year.
- The Median household income of a Bethany resident is $136,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBethany, ConnecticutUnited States
  5.86
  -4.9%-6.2%
  27.5%33.5%
  6.4%6.2%
  5.0%4.6%
  $62,436$37,638
  $136,667$69,021
  $154,679$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  8.6%6.8%
  4.5%10.0%
  1.3%2.5%
  7.9%11.0%
  1.0%4.8%
  1.2%0.8%
  0.7%1.9%
  7.0%4.7%
  0.9%1.9%
  14.9%7.6%
  0.0%0.1%
  6.8%4.2%
  7.5%9.3%
  17.7%14.0%
  5.3%2.1%
  5.8%7.0%
  5.2%4.8%
  2.8%4.7%
Health
Compare Bethany, CT
cost of living
Compare food, housing, utilities, and more in Bethany, Connecticut to any other city in the US.