South Coventry, CT is a picturesque, small town situated in the north-central part of Connecticut. The town has a population of nearly 7,000 people. Despite its size, South Coventry offers plenty of amenities and attractions that make it an ideal place to live. In terms of cost of living, rent for a two bedroom apartment is slightly higher than the national average at $1,570 compared to $1,430 nationally. Grocery cost index is 106 versus 100 in the US. Some notable local businesses are Coventry Farms, which specializes in locally grown vegetables and fruits; Covetown Bakery known for their delicious breads and pastries; and Cove Cycles which provides bike repair services. Visitors can enjoy outdoor activities at Nathan Hale State Forest or explore the architecture and history found at Nathan Hale Homestead Museum. Whether looking for a place to live or just visiting for the day, South Coventry offers something for everyone.
South Coventry has an unemployment rate of 6.8%. The US average is 6.0%.
South Coventry has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for South Coventry
- The Sales Tax Rate for South Coventry is 6.4%. The US average is 7.3%.
- The Income Tax Rate for South Coventry 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 South Coventry
- The average income of a South Coventry resident is $35,987 a year. The US average is $28,555 a year.
- The Median household income of a South Coventry resident is $73,438 a year. The US average is $69,021 a year.