Southbury, Connecticut is a great place to live with many benefits. The rent for a two-bedroom apartment in Southbury is $2,070 and this is significantly higher than the US average of $1,430. This reflects the quality of the housing market in Southbury. In addition to this, the grocery cost index in Southbury is 107 versus 100 in the US. Therefore, groceries are relatively more expensive here. One can find many local companies that serve Southbury such as Farmland Co-op Supply Inc, Watertown Savings Bank and RisCassi & Davis P.C Attorneys at Law. All these businesses provide excellent services to their customers and make living in Southbury a pleasant experience.
Southbury has an unemployment rate of 7.6%. The US average is 6.0%.
Southbury has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Southbury
- The Sales Tax Rate for Southbury is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Southbury 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 Southbury
- The average income of a Southbury resident is $60,080 a year. The US average is $37,638 a year.
- The Median household income of a Southbury resident is $102,044 a year. The US average is $69,021 a year.