Ledyard, CT is a small town located in New London County. It is a beautiful coastal community that offers its residents great quality of life. The 2 bedroom rent in the town is higher than the average nationwide at $1,490 as compared to $1,430 US-wide. Additionally, grocery cost index in Ledyard is at 106 versus 100 in the US. There are plenty of local businesses and companies operating in the town such as Foxwoods Resort Casino, Mystic Aquarium & Institute for Exploration, Race Rock Amusement Park and many more. All these factors make Ledyard an attractive place to live and work.
Ledyard has an unemployment rate of 7.9%. The US average is 6.0%.
Ledyard has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Ledyard
- The Sales Tax Rate for Ledyard is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Ledyard 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 Ledyard
- The average income of a Ledyard resident is $39,246 a year. The US average is $28,555 a year.
- The Median household income of a Ledyard resident is $95,359 a year. The US average is $69,021 a year.