Clinton, CT Economy


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Clinton, CT is a small town in Connecticut that offers its residents easy access to big-city amenities. With a population of around 13,000 residents, Clinton is known for its vibrant downtown area with shops and restaurants as well as natural attractions such as the Hammonasset Beach State Park. It's also known for being one of the most affordable towns in the region. The median two bedroom rent is $1,770 compared to the national two bedroom rent average of $1,430 - making it an attractive option for renters. The grocery cost index in Clinton is also higher than the US index at 106 versus 100 respectively. Companies like Connecticut Water Company and S&S Landscape Design are popular in Clinton; both of these companies serve local businesses and customers in the area with their respective services.

Clinton has an unemployment rate of 6.8%. The US average is 6.0%.

Clinton has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.

Tax Rates for Clinton
- The Sales Tax Rate for Clinton is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Clinton 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 Clinton
- The average income of a Clinton resident is $37,449 a year. The US average is $28,555 a year.
- The Median household income of a Clinton resident is $98,836 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClinton, ConnecticutUnited States
  6.86
  -4.6%-6.2%
  29.2%33.5%
  6.4%6.2%
  5.0%4.6%
  $47,722$37,638
  $98,836$69,021
  $120,865$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  7.0%6.8%
  11.5%10.0%
  1.9%2.5%
  11.1%11.0%
  1.6%4.8%
  0.2%0.8%
  1.7%1.9%
  4.4%4.7%
  1.6%1.9%
  5.7%7.6%
  0.2%0.1%
  2.2%4.2%
  13.5%9.3%
  16.9%14.0%
  4.5%2.1%
  7.1%7.0%
  4.3%4.8%
  4.0%4.7%
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