Meriden, CT Economy


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Meriden, CT is a city located in New Haven County, Connecticut. It has a rich history in manufacturing and business, with the American Hardware Corporation and Pratt & Whitney amongst the many companies that have been based here. Residents of Meriden enjoy moderate temperatures throughout the year as well as a low cost of living. According to recent studies, rent for a two bedroom apartment is $1,400 compared to the US average of $1,430. Additionally, grocery costs are 4% lower than the national average. With its beautiful landscape and reasonably priced housing options, Meriden is an ideal place to call home.

Meriden has an unemployment rate of 10.0%. The US average is 6.0%.

Meriden 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 27.1%, which is lower than the US average of 33.5%.

Tax Rates for Meriden
- The Sales Tax Rate for Meriden is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Meriden 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 Meriden
- The average income of a Meriden resident is $27,483 a year. The US average is $28,555 a year.
- The Median household income of a Meriden resident is $59,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMeriden, ConnecticutUnited States
  106
  -4.9%-6.2%
  27.1%33.5%
  6.4%6.2%
  5.0%4.6%
  $34,050$37,638
  $59,792$69,021
  $78,739$85,028
  Population by Occupation
  0.1%1.2%
  0.1%0.5%
  6.5%6.8%
  13.0%10.0%
  4.4%2.5%
  11.2%11.0%
  4.7%4.8%
  0.7%0.8%
  1.9%1.9%
  4.9%4.7%
  1.3%1.9%
  5.4%7.6%
  0.7%0.1%
  4.9%4.2%
  7.9%9.3%
  16.2%14.0%
  1.5%2.1%
  6.7%7.0%
  4.0%4.8%
  3.9%4.7%
Reviews for Meriden
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I was born and raise in Meriden, CT. Meriden has gotten way worse. Don't move to Meriden.  More

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Over 8 years ago

Don't move to Meriden. Lived here most of my life and I am moving out. Crime is on the rise and few employment opportunities. A very disjointed population that cares  More

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Over 10 years ago

Traffic patterns and constant disrepair tend to make for long and aggravating commutes. While there are employment gains the quality of the work is significantly  More

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