Moodus, CT is an attractive town for potential renters due to its lower-than-average rental prices. The current 2 bedroom rent in Moodus is $1,300 compared to the US average of $1,430. Aside from lower housing costs, daily living expenses in Moodus are also relatively more affordable than elsewhere as indicated by a grocery cost index that stands at 105 versus 100 in the US.
Moodus is home to several great companies such as Rocky Corner Farm & Greenhouses, Michael’s Sod & Nursery LLC, and Powder Ridge Mountain Park & Resort. Residents enjoy outdoor activities such as fishing in Lake Hayward or Amos Lake, hiking on the Mattabesett Trail or touring historic sites like the Comstock Bridge. There is plenty to do and see in this charming Connecticut town!
Moodus has an unemployment rate of 7.0%. The US average is 6.0%.
Moodus has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Moodus
- The Sales Tax Rate for Moodus is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Moodus 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 Moodus
- The average income of a Moodus resident is $39,729 a year. The US average is $28,555 a year.
- The Median household income of a Moodus resident is $88,821 a year. The US average is $69,021 a year.