Heritage Village, CT Economy


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Heritage Village, CT is a beautiful and vibrant community located in Fairfield County. As a part of the greater New England region, it offers various attractions, such as the Heritage Village Antique Center, Grandview Golf Course, Candlewood Lake State Park, and the Danbury Railway Museum. The cost of living is slightly higher than the US average; however, this is mostly due to its close proximity to larger cities like Bridgeport and Stamford. Despite the higher prices on rent for two-bedroom properties ($2,070) compared to the national average ($1,430), Heritage Village has an affordable grocery cost index of 107 compared to 100 across the US. All things considered, Heritage Village makes for a great place to live and provides many exciting attractions that will entertain all ages.

Heritage Village has an unemployment rate of 8.5%. The US average is 6.0%.

Heritage Village has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Heritage Village
- The Sales Tax Rate for Heritage Village is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Heritage Village 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 Heritage Village
- The average income of a Heritage Village resident is $52,415 a year. The US average is $37,638 a year.
- The Median household income of a Heritage Village resident is $48,225 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHeritage Village, ConnecticutUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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