Oakville, CT is a small town located in the state of Connecticut. It has a population of around 10,000 people and offers a close-knit community feel. The cost of living in Oakville is relatively affordable and rent 2 bedroom apartments typically cost around $1,580 compared to the US average which is $1,430. Additionally, the Grocery Cost Index in Oakville stands at 104 compared with 100 nationally.
The town offers a variety of great businesses including the Oakville Shopping Center, an anchor store of Barnes & Noble, as well as several independent restaurants and stores such as Suburban Pizza & Restaurant, Yankee Peddler & Country Store and Oakville Hardware Co Inc. There are also numerous recreational activities such as golf centers, parks and nature trails for residents to enjoy.
Oakville has an unemployment rate of 7.9%. The US average is 6.0%.
Oakville 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 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Oakville
- The Sales Tax Rate for Oakville is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Oakville 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 Oakville
- The average income of a Oakville resident is $28,682 a year. The US average is $28,555 a year.
- The Median household income of a Oakville resident is $79,651 a year. The US average is $69,021 a year.