Moosup, CT is a small town in Connecticut with access to several local companies. Moosup's 2 bedroom rental rate is significantly lower than the US average, coming in at $1,280 compared to the national average of $1,430. This makes Moosup an attractive option for those looking to find budget-friendly rental rates. The grocery cost index in Moosup is also lower than the national average at 104 versus 100 in the US. This allows those living in Moosup to benefit from lower prices when it comes to groceries. Local businesses available within Moosup include stores such as Walmart, Target, and Dollar Tree as well as restaurants like Pizza Villa and Dunkin'. With lower rent costs and grocery prices combined with access to local companies, Moosup is a great place to live.
Moosup has an unemployment rate of 8.3%. The US average is 6.0%.
Moosup has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Moosup
- The Sales Tax Rate for Moosup is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Moosup 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 Moosup
- The average income of a Moosup resident is $25,117 a year. The US average is $28,555 a year.
- The Median household income of a Moosup resident is $59,579 a year. The US average is $69,021 a year.