New Haven, CT County is a great place to live offering affordable rent and cost of living. A two-bedroom apartment has a median rent price of $1,570 which is considerably lower than the US average of $1,430. Additionally, the Grocery Cost Index in New Haven is 106 versus 100 in the US. This makes it easier for people to make ends meet while they look for employment opportunities. In terms of local businesses, there are some great companies worth considering such as Yale University, Alexion Pharmaceuticals, Knights of Columbus and Bigelow Tea Company. These are only a few examples of places where job seekers can find rewarding positions within New Haven County.
New Haven County has an unemployment rate of 8.5%. The US average is 6.0%.
New Haven County 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 27.5%, which is lower than the US average of 33.5%.
Tax Rates for New Haven County
- The Sales Tax Rate for New Haven County is 6.4%. The US average is 7.3%.
- The Income Tax Rate for New Haven County 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 New Haven County
- The average income of a New Haven County resident is $32,794 a year. The US average is $28,555 a year.
- The Median household income of a New Haven County resident is $75,043 a year. The US average is $69,021 a year.