Hamden, CT Economy


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Hamden, CT is a vibrant city located in Southern Connecticut. It is home to Quinnipiac University and various businesses such as The Study at Yale, Stop & Shop, and Barnes & Noble. Rent for two bedroom apartments is slightly higher than the US average at $1800. Additionally, grocery costs are 5% more expensive than what one might find in other cities around the US. With its convenient location to New York City and Boston, Hamden offers plenty of opportunities for work, study and leisure.

Hamden has an unemployment rate of 6.7%. The US average is 6.0%.

Hamden 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 29.5%, which is lower than the US average of 33.5%.

Tax Rates for Hamden
- The Sales Tax Rate for Hamden is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Hamden 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 Hamden
- The average income of a Hamden resident is $34,419 a year. The US average is $28,555 a year.
- The Median household income of a Hamden resident is $80,779 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHamden, ConnecticutUnited States
  6.76
  -4.9%-6.2%
  29.5%33.5%
  6.4%6.2%
  5.0%4.6%
  $39,286$37,638
  $80,779$69,021
  $102,660$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  4.1%6.8%
  8.9%10.0%
  1.4%2.5%
  8.4%11.0%
  3.2%4.8%
  0.3%0.8%
  1.7%1.9%
  7.2%4.7%
  1.9%1.9%
  6.0%7.6%
  0.0%0.1%
  3.1%4.2%
  18.7%9.3%
  18.4%14.0%
  2.5%2.1%
  6.1%7.0%
  3.1%4.8%
  4.7%4.7%
Reviews for Hamden
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Over 10 years ago

Crime is very low in my town the Police Officers live in the town so they care more about their  More

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Over 11 years ago

I have worked at seven different elementary schools, not including my student teaching experiences, and Wintergreen by far surpasses them on every level. We are  More

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Over 12 years ago

Sounds like this is a great city . Change and Diversity are both good and are what makes America what it is today. Prior to having committed to relocating, perhaps you  More

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