Woodbury, CT Economy


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Woodbury, CT is a small town located in Litchfield County. It has a charming downtown area with scenic views and plenty of local businesses to choose from. With a population of around 10,000 people, it is an ideal place to live for those looking for a quiet suburban lifestyle. The average rent for a two-bedroom apartment in Woodbury is $1,380 per month while the US average is $1,430 per month. In addition, the grocery cost index in Woodbury is 109 versus the US index at 100. Some of the locally owned businesses include Woodbury Outfitters for outdoor sportswear and equipment, The Green Cupboard for organic products and supplements, and Cabela's auto repair shop.

Woodbury has an unemployment rate of 7.8%. The US average is 6.0%.

Woodbury has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Woodbury
- The Sales Tax Rate for Woodbury is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Woodbury 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 Woodbury
- The average income of a Woodbury resident is $45,856 a year. The US average is $28,555 a year.
- The Median household income of a Woodbury resident is $104,081 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodbury, ConnecticutUnited States
  7.86
  -7.0%-6.2%
  25.5%33.5%
  6.4%6.2%
  5.0%4.6%
  $63,569$37,638
  $104,081$69,021
  $119,623$85,028
  Population by Occupation
  0.3%1.2%
  0.7%0.5%
  6.1%6.8%
  12.5%10.0%
  0.9%2.5%
  12.8%11.0%
  4.3%4.8%
  0.3%0.8%
  3.3%1.9%
  4.9%4.7%
  2.3%1.9%
  9.7%7.6%
  0.2%0.1%
  3.9%4.2%
  10.8%9.3%
  10.7%14.0%
  0.9%2.1%
  5.6%7.0%
  5.9%4.8%
  4.1%4.7%
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