Mashantucket, CT is a small town located in Eastern Connecticut with an estimated population of 2,170 people. Despite its small size, the town is home to a variety of businesses and attractions. One of the most prominent local companies is Foxwoods Resort Casino which draws in visitors from all over the state and beyond. The cost of living in Mashantucket is slightly higher than the US average, with an average two-bedroom rent of $1,440 compared to $1,430 nationally. Additionally, the grocery cost index in Mashantucket is 106 compared to 100 at the national level. Other major businesses that call Mashantucket home are High 5 Games and Mariner Manufacturing Company Inc., both of which provide employment opportunities for locals. With its rich history and vibrant business culture, Mashantucket is a great place to live and visit!
Mashantucket has an unemployment rate of 9.2%. The US average is 6.0%.
Mashantucket 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 Mashantucket
- The Sales Tax Rate for Mashantucket is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Mashantucket 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 Mashantucket
- The average income of a Mashantucket resident is $18,506 a year. The US average is $28,555 a year.
- The Median household income of a Mashantucket resident is $158,750 a year. The US average is $69,021 a year.