Kent, CT Economy


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Kent, CT is a small town located in Connecticut. It has an estimated population of 2,500 people and is known for its scenic views and friendly people. The cost of living is reasonable with the average two bedroom rent being $1,540 per month compared to the US average of $1,430. Also, the Grocery Cost Index in Kent is 110 versus 100 for the entire US. Some local companies that operate out of Kent are Kent Oil Corporation which provides home heating oil to the area, Kent Stationery which specializes in custom printed stationary products and services, and Redden Brothers Landscaping which offers landscaping design services.

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

Kent has seen the job market decrease by -6.4% 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 Kent
- The Sales Tax Rate for Kent is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Kent 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 Kent
- The average income of a Kent resident is $65,171 a year. The US average is $37,638 a year.
- The Median household income of a Kent resident is $89,348 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKent, ConnecticutUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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