Middlebury, CT is an attractive city known for its affordable rent and reasonable cost of living. The 2 bedroom rent in Middlebury, CT is $1,540 compared to the US average of $1,430. Additionally, the grocery cost index in Middlebury is 108 versus 100 in the US making it an ideal place to live. There are several local companies in Middlebury such as CWD Investments LLC, G&G Realty & Investment LLC, and Vos Electric Inc. These businesses help contribute to the success of Middlebury and provide jobs for many residents.
Middlebury has an unemployment rate of 6.1%. The US average is 6.0%.
Middlebury 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 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Middlebury
- The Sales Tax Rate for Middlebury is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Middlebury 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 Middlebury
- The average income of a Middlebury resident is $41,896 a year. The US average is $28,555 a year.
- The Median household income of a Middlebury resident is $124,619 a year. The US average is $69,021 a year.