Bethel, CT is a small town located in Fairfield County. It offers a great quality of life to its residents with plenty of amenities like shopping, parks, restaurants, and entertainment venues for all to enjoy. The median two-bedroom rent in Bethel is $1,780 which is significantly higher than the national average of $1,430 but this price includes access to some of the top schools in the state as well as other local attractions. The grocery cost index in Bethel is 105 versus 100 in the United States so it’s important for residents to budget accordingly when planning their monthly expenses. Major employers include Praxair Technology Center and Boehringer Ingelheim Pharmaceuticals Inc., both of which are based in Bethel. All in all, living in Bethel comes with a premium cost but is definitely worth it if you take advantage of all this town has to offer!
Bethel has an unemployment rate of 7.0%. The US average is 6.0%.
Bethel has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Bethel
- The Sales Tax Rate for Bethel is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Bethel 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 Bethel
- The average income of a Bethel resident is $41,817 a year. The US average is $28,555 a year.
- The Median household income of a Bethel resident is $101,481 a year. The US average is $69,021 a year.