Old Mystic, CT is a town located in the Southeastern part of the state. It has a quaint, old-fashioned feel with picturesque views of the Mystic River and its surrounding area. The cost of living in Old Mystic is slightly higher than the national average; however, two bedroom rent is still affordable at $1,640 compared to the US 2 Bedroom Rent of $1,430. Additionally, grocery cost index in Old Mystic is 8% higher than the national average at 108 versus 100 in the US.
Old Mystic has many local companies and attractions to enjoy. There are several bike shops for visitors looking to explore nature trails like Newtown Cycle Shop and Mystic Cycle Center. For seafood lovers looking for fresh catches try Noank Seafood Market or Fish Tale Market & Bistro. Other than that there are plenty of local cafes like Coffeelife Cafe and numerous parks like Rocky Neck State Park where visitors can spend time relaxing and exploring the outdoors.
Old Mystic has an unemployment rate of 9.2%. The US average is 6.0%.
Old Mystic 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 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Old Mystic
- The Sales Tax Rate for Old Mystic is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Old Mystic 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 Old Mystic
- The average income of a Old Mystic resident is $40,769 a year. The US average is $28,555 a year.
- The Median household income of a Old Mystic resident is $104,125 a year. The US average is $69,021 a year.