Bridgewater, CT is a small town located in Litchfield County with a population of 1,764. Its close proximity to the border of New York makes it an ideal place for those looking for a quiet village to call home. The median 2 bedroom rent in Bridgewater is $1,910 which is greater than the US national average of $1,430. Additionally, Bridgewater has a grocery cost index rating of 113 versus 100 in the US, making it more expensive to purchase groceries here. \nSome local companies in Bridgewater include Bridgewater Veterinary Hospital and Bailey's Garden Center & Landscaping Company. The town also features many fine restaurants such as Mayflower Inn Restaurant and Nick's Bar & Grill.
Bridgewater has an unemployment rate of 6.9%. The US average is 6.0%.
Bridgewater 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 Bridgewater
- The Sales Tax Rate for Bridgewater is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Bridgewater 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 Bridgewater
- The average income of a Bridgewater resident is $63,029 a year. The US average is $28,555 a year.
- The Median household income of a Bridgewater resident is $138,272 a year. The US average is $69,021 a year.