North Haven, CT Economy


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North Haven, CT is a scenic town in Connecticut that has a variety of amenities for those who live there. Rent for a two-bedroom apartment is relatively high in North Haven; the average rent for a two-bedroom apartment costs $1,810, which is higher than the national average of $1,430. Along with housing prices, the cost of groceries can also be expensive; the Grocery Cost Index in North Haven is 107 while it’s only 100 in the U.S., on average. Despite these higher expenses, North Haven provides many opportunities for residents to work; local companies include Legrand Avon LLC, Valley Health Systems Inc., and Albertus Magnus College. All in all, North Haven offers an excellent quality of life with plenty of activities and businesses available to explore in this lovely area.

North Haven has an unemployment rate of 6.7%. The US average is 6.0%.

North Haven has seen the job market decrease by -0.4% 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 North Haven
- The Sales Tax Rate for North Haven is 6.4%. The US average is 7.3%.
- The Income Tax Rate for North Haven 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 North Haven
- The average income of a North Haven resident is $38,742 a year. The US average is $28,555 a year.
- The Median household income of a North Haven resident is $110,009 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Haven, ConnecticutUnited States
  6.76
  -4.9%-6.2%
  29.3%33.5%
  6.4%6.2%
  5.0%4.6%
  $53,344$37,638
  $110,009$69,021
  $127,742$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.6%6.8%
  10.1%10.0%
  1.0%2.5%
  9.4%11.0%
  4.6%4.8%
  1.5%0.8%
  1.6%1.9%
  5.9%4.7%
  2.9%1.9%
  5.9%7.6%
  0.1%0.1%
  3.1%4.2%
  19.3%9.3%
  15.5%14.0%
  1.0%2.1%
  3.7%7.0%
  4.0%4.8%
  6.7%4.7%
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