East Granby, CT Economy


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East Granby, CT is a small town situated in the northwest corner of Connecticut. It is close to larger cities such as Hartford and Springfield, making it a great place for those looking for easy access to urban amenities while still living in a quaint community. The cost of renting a two-bedroom apartment in East Granby is generally lower than that of the US average, at $1,220 compared to $1,430 nationally. Additionally, the groceries cost index in East Granby is 7 points higher than the national average. Local businesses in East Granby include the Buckeye Brook Winery, the Millstone Farm Market & Bakery, The Bistro at West Hill Farm and Hops & Barley Homebrew Supply Store. Each of these establishments offers unique products and services that are enjoyed by people from all over Connecticut.

East Granby has an unemployment rate of 6.7%. The US average is 6.0%.

East Granby has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.

Tax Rates for East Granby
- The Sales Tax Rate for East Granby is 6.4%. The US average is 7.3%.
- The Income Tax Rate for East Granby 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 East Granby
- The average income of a East Granby resident is $36,899 a year. The US average is $28,555 a year.
- The Median household income of a East Granby resident is $112,857 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Granby, ConnecticutUnited States
  6.76
  -6.0%-6.2%
  29.1%33.5%
  6.4%6.2%
  5.0%4.6%
  $45,397$37,638
  $112,857$69,021
  $127,708$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.8%6.8%
  12.2%10.0%
  0.0%2.5%
  11.5%11.0%
  11.1%4.8%
  0.5%0.8%
  3.3%1.9%
  8.0%4.7%
  1.5%1.9%
  7.3%7.6%
  0.0%0.1%
  3.7%4.2%
  10.7%9.3%
  8.1%14.0%
  0.4%2.1%
  6.0%7.0%
  4.2%4.8%
  2.5%4.7%
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