New Fairfield, CT is an affluent suburb of New York City that attracts many residents looking for a rural atmosphere with easy access to the city. The two bedroom rental market is more expensive than the US average, yet grocery costs are on par with national averages. The town has many great companies and amenities to offer its residents. Local businesses such as New Fairfield Pharmacy and Spirit of Adventure Fuel provide essential services in the town. Families enjoy visiting Candlewood Lake State Park or the New Fairfield Public Library for recreational activities. Shopping options at Five Mile River Marketplace offer unique stores and eateries to locals. With all these amenities, it’s no wonder why New Fairfield, CT remains a popular destination for families looking for a safe, rural community close to the city.
New Fairfield has an unemployment rate of 7.1%. The US average is 6.0%.
New Fairfield 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 27.0%, which is lower than the US average of 33.5%.
Tax Rates for New Fairfield
- The Sales Tax Rate for New Fairfield is 6.4%. The US average is 7.3%.
- The Income Tax Rate for New Fairfield 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 New Fairfield
- The average income of a New Fairfield resident is $43,029 a year. The US average is $28,555 a year.
- The Median household income of a New Fairfield resident is $129,718 a year. The US average is $69,021 a year.