Groton Long Point, Connecticut is a picturesque beach destination located in New London County. It's known for its stunning ocean views, natural beauty, and friendly residents. The rent for a two-bedroom apartment here is slightly higher than the national average, sitting at $1,550 compared to $1,430 in the U.S. In terms of groceries, Groton Long Point has an index of 105 versus 100 in the U.S., meaning that prices are slightly higher here as well.
Local businesses include Groton Long Point Beach Association which offers beach access and special activities to their members; Shawn’s Market which supplies fresh produce and other grocery items; and Giggles & Grins Daycare Center which provides safe childcare services for parents who work or attend school. Additionally, there are plenty of restaurants such as the Sea Swirl Fish Market & Deli which serves up delicious seafood dishes with local ingredients; JJ's Little Kitchen Restaurant & Bar offering comfort foods like burgers and sandwiches; and Chutney Masala Indian Restaurant that serves up Indian fare with flavorful spices from around the world.
Groton Long Point is a wonderful place to call home due to its oceanic beauty and local businesses that make up its community. Although there is a slightly higher cost of living in Groton Long Point compared to other areas of the United States, it is still a convenient option for those looking for great beaches without paying too much for rent or groceries.
Groton Long Point has an unemployment rate of 9.2%. The US average is 6.0%.
Groton Long Point 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 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Groton Long Point
- The Sales Tax Rate for Groton Long Point is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Groton Long Point 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 Groton Long Point
- The average income of a Groton Long Point resident is $68,208 a year. The US average is $28,555 a year.
- The Median household income of a Groton Long Point resident is $115,833 a year. The US average is $69,021 a year.