Ridgefield, CT Economy


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Ridgefield, CT is a small town in Fairfield County with a population of 25,000 people. It is known for its scenic views and quiet community. It's proximity to New York City makes it an attractive option for commuters and those looking for a suburban lifestyle. The 2 bedroom rent in Ridgefield, CT is much higher than the national average at $2,460 versus the US 2 Bedroom Rent which stands at $1,430. Grocery Cost Index in Ridgefield, CT is also higher than the US average at 109 versus 100.
The town of Ridgefield offers plenty of attractions such as the Aldrich Contemporary Art Museum and Nature Center. There are several popular restaurants such as West Lane Bistro & Bar and Bella Nonna Restaurant & Bar that attract locals and visitors alike. Ridgefield is home to many businesses such as Hockanum Valley Community Council Inc., Wilton Chamber of Commerce, and Headhunters Hair Designers Inc.

Ridgefield has an unemployment rate of 8.2%. The US average is 6.0%.

Ridgefield has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Ridgefield
- The Sales Tax Rate for Ridgefield is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Ridgefield 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 Ridgefield
- The average income of a Ridgefield resident is $75,716 a year. The US average is $28,555 a year.
- The Median household income of a Ridgefield resident is $160,258 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRidgefield, ConnecticutUnited States
  8.26
  -7.5%-6.2%
  26.7%33.5%
  6.4%6.2%
  5.0%4.6%
  $85,804$37,638
  $160,258$69,021
  $198,068$85,028
  Population by Occupation
  0.2%1.2%
  0.4%0.5%
  5.1%6.8%
  8.7%10.0%
  2.5%2.5%
  7.7%11.0%
  1.7%4.8%
  0.3%0.8%
  4.6%1.9%
  13.2%4.7%
  2.8%1.9%
  16.7%7.6%
  0.8%0.1%
  2.3%4.2%
  8.4%9.3%
  11.1%14.0%
  2.8%2.1%
  5.8%7.0%
  3.3%4.8%
  1.7%4.7%
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