Warren, CT Economy


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Warren, CT is a small town located in Litchfield County, Connecticut. It has a population of approximately 1,500 people and an average 2 bedroom rent of $1,460. The cost of living in Warren is slightly higher than the US average with the grocery cost index being 110 compared to 100 nationally. A variety of local businesses have set up shop in Warren including Cold Spring Country Store, Warren Liquor Store, and Valley Pizza & Restaurant. These businesses provide locals with employment opportunities as well as necessary goods and services.

Warren has an unemployment rate of 8.2%. The US average is 6.0%.

Warren 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 Warren
- The Sales Tax Rate for Warren is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Warren 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 Warren
- The average income of a Warren resident is $86,630 a year. The US average is $37,638 a year.
- The Median household income of a Warren resident is $133,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWarren, 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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