Southport, CT Economy


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Southport, CT is a charming town located in Fairfield County with a population of approximately 1,737 people. Southport is home to many great businesses such as the local café Java & Co., the popular restaurant Bistro du Soleil, and the historic tavern Captain Scott's Lobster Dock. The cost of living in Southport is higher than the US average, with 2 bedroom apartments costing $2,540 compared to the US average of $1,430 per month. Groceries also have an above-average index rating of 112 compared to 100 in the US. Despite this slightly higher cost of living, Southport remains one of Connecticut's most desirable communities due to its strong sense of community and culture.

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

Southport 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 Southport
- The Sales Tax Rate for Southport is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Southport 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 Southport
- The average income of a Southport resident is $101,450 a year. The US average is $28,555 a year.
- The Median household income of a Southport resident is $161,042 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouthport, ConnecticutUnited States
  8.26
  -7.5%-6.2%
  26.7%33.5%
  6.4%6.2%
  5.0%4.6%
  $105,771$37,638
  $161,042$69,021
  $189,142$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  4.0%10.0%
  1.1%2.5%
  6.1%11.0%
  2.4%4.8%
  0.0%0.8%
  1.7%1.9%
  13.8%4.7%
  8.7%1.9%
  25.3%7.6%
  0.0%0.1%
  5.4%4.2%
  11.3%9.3%
  8.9%14.0%
  0.6%2.1%
  0.6%7.0%
  9.5%4.8%
  0.6%4.7%
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