Deep River, CT is a suburban town located in Middlesex County with a population of approximately 4,600. The cost of living is slightly higher than the US as the average rent for a two bedroom apartment in Deep River is $1,640 compared to $1,430 nationally. The grocery cost index in Deep River is 106 versus 100 in the US. Local businesses include Hughes Electric Co., Edgewood Hardware & Supply Co., and Nodine's Fireplace Shop which all provide services to residents. Grocery stores include Deep River Market and Stop & Shop where customers can purchase food and other items at reasonable prices. Overall, Deep River has a higher cost of living when compared to other areas but offers many services and amenities to its residents.
Deep River has an unemployment rate of 6.1%. The US average is 6.0%.
Deep River has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Deep River
- The Sales Tax Rate for Deep River is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Deep River 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 Deep River
- The average income of a Deep River resident is $49,625 a year. The US average is $37,638 a year.
- The Median household income of a Deep River resident is $79,090 a year. The US average is $69,021 a year.