Marlborough, CT is a small town located in the northeast with a population of around 7,000 people. It's a great place to live if you're looking for an affordable rental with a two bedroom going for around $1,420 compared to the US two bedroom rent of $1,430. The grocery cost index here is also quite reasonable at 108 compared to the national average of 100. Residents have access to plenty of local businesses such as restaurants, cafes, banks, hardware stores and more. There are also some beautiful outdoor areas nearby including parks and hiking trails which make it ideal for those who enjoy the outdoors. Marlborough offers excellent schools and job opportunities with several prominent companies located in or near the town such as Pratt & Whitney and FedEx. With its friendly atmosphere and low cost of living, Marlborough is an ideal place to call home.
Marlborough has an unemployment rate of 7.0%. The US average is 6.0%.
Marlborough 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 Marlborough
- The Sales Tax Rate for Marlborough is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Marlborough 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 Marlborough
- The average income of a Marlborough resident is $41,346 a year. The US average is $28,555 a year.
- The Median household income of a Marlborough resident is $126,850 a year. The US average is $69,021 a year.