Salisbury, CT is a small town located in western Connecticut. The town is known for its quaint atmosphere and its charming downtown area. Salisbury is an ideal location for those seeking an affordable place to live, with 2 bedroom rent at $2,210 compared to the US average of $1,430. Grocery costs are higher than the US average too, with the Grocery Cost Index in Salisbury being 114 versus 100 in the US.
The town has a bustling local economy that provides plenty of employment opportunities for residents and visitors alike. Notable companies based in Salisbury include Noble Horizons retirement community, The Hotchkiss School, and Geer Tree Farm. With its abundance of amenities and activities available in the area, Salisbury has something to offer everyone.
Salisbury has an unemployment rate of 7.0%. The US average is 6.0%.
Salisbury 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 Salisbury
- The Sales Tax Rate for Salisbury is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Salisbury 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 Salisbury
- The average income of a Salisbury resident is $55,464 a year. The US average is $28,555 a year.
- The Median household income of a Salisbury resident is $87,688 a year. The US average is $69,021 a year.