Pawcatuck, CT is a charming coastal town situated on the Pawcatuck River. It has many popular businesses and amenities, such as Gourmet Galley for quality seafood dining, East Coast Paddle Surf & Kayak for outdoor adventures on the river, Skips Pet Supplies for pet care needs, and Mystic Aquarium for educational family fun. Renting a two-bedroom apartment in Pawcatuck costs $1,240 compared to the US average of $1,430. Additionally, grocery costs index in Pawcatuck is 106 versus 100 in the US. Given its affordability and close proximity to Boston and New York City it makes Pawcatuck an attractive location for many people who are looking to enjoy small-town living with easy access to big city fun.
Pawcatuck has an unemployment rate of 9.2%. The US average is 6.0%.
Pawcatuck has seen the job market decrease by -10.1% 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 Pawcatuck
- The Sales Tax Rate for Pawcatuck is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Pawcatuck 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 Pawcatuck
- The average income of a Pawcatuck resident is $38,263 a year. The US average is $37,638 a year.
- The Median household income of a Pawcatuck resident is $62,900 a year. The US average is $69,021 a year.