Wethersfield, CT Economy


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Wethersfield, CT is an affluent and beautiful town located to the north of Hartford. While the cost of living here is slightly higher than the average in the US, it offers a high quality of life with excellent schools and public safety. The average two bedroom rent in Wethersfield is $1,460 while groceries are about 7% more expensive than other parts of the US. Highly successful companies such as Eversource Energy Corporation and WAL-MART have corporate offices in this town that employ locals.

Wethersfield has an unemployment rate of 8.6%. The US average is 6.0%.

Wethersfield 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 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Wethersfield
- The Sales Tax Rate for Wethersfield is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Wethersfield 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 Wethersfield
- The average income of a Wethersfield resident is $50,217 a year. The US average is $37,638 a year.
- The Median household income of a Wethersfield resident is $100,557 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWethersfield, ConnecticutUnited States
  8.66
  -6.3%-6.2%
  29.1%33.5%
  6.4%6.2%
  5.0%4.6%
  $50,217$37,638
  $100,557$69,021
  $121,772$85,028
  Population by Occupation
  0.0%1.2%
  0.2%0.5%
  3.6%6.8%
  8.7%10.0%
  2.0%2.5%
  9.0%11.0%
  4.2%4.8%
  0.6%0.8%
  1.3%1.9%
  12.2%4.7%
  1.0%1.9%
  7.6%7.6%
  0.1%0.1%
  3.2%4.2%
  14.6%9.3%
  15.4%14.0%
  1.6%2.1%
  5.2%7.0%
  4.4%4.8%
  5.1%4.7%
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