Winsted, CT is a small town located in Litchfield County. It is home to several local businesses such as The Winsted Supermarket, The Antique Barn, Petruso's Pizza and the Winsted Sports Outfitters. When compared to the US average, Winsted has a lower rent cost for two bedroom apartments with an average price of $1,370 as opposed to the US average of $1,430. The grocery cost index in Winsted is also slightly lower than the national average at 104 versus 100 in the US. This makes it relatively affordable for people looking to live in this area.
Winsted has an unemployment rate of 7.9%. The US average is 6.0%.
Winsted 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 Winsted
- The Sales Tax Rate for Winsted is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Winsted 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 Winsted
- The average income of a Winsted resident is $28,625 a year. The US average is $28,555 a year.
- The Median household income of a Winsted resident is $58,661 a year. The US average is $69,021 a year.