Middletown, CT is an ideal place to live for many people. The rent for a two bedroom apartment is $1,540 which is slightly higher than the US average of $1,430. Additionally, grocery costs have been assessed to be 105 versus 100 in the US which goes to show how much value can be found in living expenses. For those looking for job opportunities, local companies such as Middlesex Hospital and Pratt & Whitney are great choices. There is also plenty to do in Middletown with attractions such as Wadsworth Falls State Park, Wesleyan University and the KidCity Children's Museum providing endless entertainment. Overall, Middletown provides a great balance between cost of living and quality of life.
Middletown has an unemployment rate of 8.0%. The US average is 6.0%.
Middletown 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 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Middletown
- The Sales Tax Rate for Middletown is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Middletown 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 Middletown
- The average income of a Middletown resident is $34,226 a year. The US average is $28,555 a year.
- The Median household income of a Middletown resident is $67,485 a year. The US average is $69,021 a year.