Griswold, CT Economy


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Griswold, Connecticut is a small town located in the Mystic country region of the state. It provides its residents with a great quality of life at an affordable cost. The average two bedroom rent price in Griswold is $1350, which is lower than the national average of $1430. Grocery prices are also relatively low, with the index being 105 versus 100 in the US. The town's charm comes from its classic New England feel and neighborly atmosphere. Local attractions include Pachaug State Forest, Foxwoods Resort Casino and Griswold Inn. There are also countless local businesses, such as The Jewelry Corner and Griswold Auto Body, that give people employment opportunities and help make Griswold an all-around wonderful place to live.

Griswold has an unemployment rate of 10.3%. The US average is 6.0%.

Griswold has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.

Tax Rates for Griswold
- The Sales Tax Rate for Griswold is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Griswold 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 Griswold
- The average income of a Griswold resident is $34,833 a year. The US average is $37,638 a year.
- The Median household income of a Griswold resident is $66,524 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGriswold, ConnecticutUnited States
  10.36
  -10.5%-6.2%
  30.0%33.5%
  6.4%6.2%
  5.0%4.6%
  $34,833$37,638
  $66,524$69,021
  $71,964$85,028
  Population by Occupation
  0.0%1.2%
  0.5%0.5%
  7.8%6.8%
  9.1%10.0%
  2.5%2.5%
  15.1%11.0%
  3.4%4.8%
  2.6%0.8%
  0.0%1.9%
  4.4%4.7%
  2.2%1.9%
  4.9%7.6%
  0.0%0.1%
  1.3%4.2%
  8.8%9.3%
  15.3%14.0%
  8.4%2.1%
  5.7%7.0%
  3.4%4.8%
  4.7%4.7%
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