Zip 06605 (Bridgeport, CT) Economy


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Bridgeport, CT (06605) is a charming city with a bustling economy. The two bedroom rent in the area is $1,680 per month which is more expensive than the US average of $1,430. Grocery Cost Index in Bridgeport is 102 compared to the US average of 100. The city offers plenty of opportunities for locals to thrive; there are numerous companies located in Bridgeport including Nestle USA, UBS Financial Services, People's United Bank and Sikorsky Aircraft Corporation. With its diverse economy and abundance of local resources it's easy to see why so many people choose to call Bridgeport home.

Bridgeport (zip 06605) has an unemployment rate of 13.2%. The US average is 6.0%.

Bridgeport (zip 06605) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.

Tax Rates for Bridgeport (zip 06605)
- The Sales Tax Rate for Bridgeport (zip 06605) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Bridgeport (zip 06605) 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 Bridgeport (zip 06605)
- The average income of a Bridgeport (zip 06605) resident is $21,939 a year. The US average is $28,555 a year.
- The Median household income of a Bridgeport (zip 06605) resident is $51,523 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBridgeport, ConnecticutUnited States
  13.26
  -7.5%-6.2%
  21.9%33.5%
  6.4%6.2%
  5.0%4.6%
  $29,106$37,638
  $51,523$69,021
  $52,851$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  8.5%6.8%
  7.6%10.0%
  1.5%2.5%
  13.8%11.0%
  5.5%4.8%
  0.1%0.8%
  3.2%1.9%
  2.1%4.7%
  1.7%1.9%
  4.9%7.6%
  0.1%0.1%
  5.8%4.2%
  8.0%9.3%
  16.8%14.0%
  4.0%2.1%
  8.2%7.0%
  6.0%4.8%
  2.0%4.7%
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