Mansfield, CT is a small town with a unique charm. The cost of living in the area is slightly higher than the national average, with 2 bedroom rent being $1,430 compared to $1,750 in Mansfield. Similarly, grocery costs are higher as well with an index of 106 versus 100 nationally. Despite this, Mansfield has much to offer and several local businesses that make it a desirable place to live. Popular companies include Ace Hardware, Walgreens Pharmacy, and Mansfield Tire & Auto Supply. There are also many restaurants like Dairy Queen and Subway for locals to enjoy. All in all, Mansfield makes for a great place to call home.
Mansfield has an unemployment rate of 5.3%. The US average is 6.0%.
Mansfield 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 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Mansfield
- The Sales Tax Rate for Mansfield is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Mansfield 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 Mansfield
- The average income of a Mansfield resident is $19,556 a year. The US average is $28,555 a year.
- The Median household income of a Mansfield resident is $45,388 a year. The US average is $69,021 a year.