Westport, CT Economy


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Westport, CT is an affluent town located in Fairfield County. The cost of living is higher than the US average, with a two bedroom apartment renting for $2,620 compared to the US average of $1,430. The Grocery Cost Index in Westport is 116 compared to 100 in the US. Local companies include Bridgeport & Port Jefferson Steamboat Company for ferry services and The Patio for outdoor dining and entertainment. Local attractions include Compo Beach and Westport Country Playhouse. Westport also has many popular restaurants such as Tavern on Main and Jesup Hall.

Westport has an unemployment rate of 8.2%. The US average is 6.0%.

Westport has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Westport
- The Sales Tax Rate for Westport is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Westport 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 Westport
- The average income of a Westport resident is $90,945 a year. The US average is $28,555 a year.
- The Median household income of a Westport resident is $236,892 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestport, ConnecticutUnited States
  8.26
  -7.5%-6.2%
  26.7%33.5%
  6.4%6.2%
  5.0%4.6%
  $122,799$37,638
  $236,892$69,021
  $250,001$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  4.7%6.8%
  5.4%10.0%
  3.8%2.5%
  5.7%11.0%
  1.7%4.8%
  0.3%0.8%
  5.2%1.9%
  19.5%4.7%
  3.7%1.9%
  16.6%7.6%
  0.6%0.1%
  3.1%4.2%
  7.6%9.3%
  10.1%14.0%
  3.7%2.1%
  2.7%7.0%
  3.8%4.8%
  1.1%4.7%
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