Stratford, CT is a vibrant town with plenty of attractions to explore. It boasts a variety of restaurants and shopping opportunities for visitors and locals alike. The cost of renting a two-bedroom apartment in Stratford is $1,810, which is slightly higher than the national average of $1,430. Additionally, Stratford’s grocery cost index stands at 103 versus the US average of 100, indicating that food prices are slightly higher here. It's home to several notable companies such as Sikorsky Aircraft Corporation, Bridgeport Intermodal Terminal LLC (BIT), Air Tech Vacuum Systems Inc., and TransAct Technologies Incorporated. There is something for everyone in Stratford whether one is visiting or living there.
Stratford has an unemployment rate of 8.2%. The US average is 6.0%.
Stratford 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 Stratford
- The Sales Tax Rate for Stratford is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Stratford 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 Stratford
- The average income of a Stratford resident is $34,775 a year. The US average is $28,555 a year.
- The Median household income of a Stratford resident is $86,113 a year. The US average is $69,021 a year.