Zip 06422 (Durham, CT) Economy


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Durham, CT is a small town located in Middlesex County. It has a population of around 2,800 and is a great place for families to settle down, as it provides plenty of amenities and activities. The average two-bedroom rent price in Durham is $1,560, slightly higher than the US average of $1,430. Additionally, the grocery cost index in Durham is 108 versus 100 in the US.
Durham features several local businesses to meet residents' needs including Circle K Pharmacy, Durham Dairy Store & Deli, and D'Amico's Italian Market. There are also many educational options for children in town with schools like Brewster Elementary School and Coginchaug Regional High School. For those looking to eat out there are plenty of dining options such as La Villetta Ristorante Italiano & Pizzeria, The Barn at Lyman Orchards and Ash Creek Saloon & Grill.

Durham (zip 06422) has an unemployment rate of 7.0%. The US average is 6.0%.

Durham (zip 06422) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Durham (zip 06422)
- The Sales Tax Rate for Durham (zip 06422) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Durham (zip 06422) 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 Durham (zip 06422)
- The average income of a Durham (zip 06422) resident is $49,767 a year. The US average is $28,555 a year.
- The Median household income of a Durham (zip 06422) resident is $133,652 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDurham, ConnecticutUnited States
  76
  -5.5%-6.2%
  29.8%33.5%
  6.4%6.2%
  5.0%4.6%
  $54,194$37,638
  $133,652$69,021
  $137,093$85,028
  Population by Occupation
  0.0%1.2%
  0.4%0.5%
  9.1%6.8%
  16.8%10.0%
  0.4%2.5%
  6.6%11.0%
  2.6%4.8%
  0.8%0.8%
  2.3%1.9%
  7.1%4.7%
  2.4%1.9%
  8.5%7.6%
  0.0%0.1%
  3.3%4.2%
  15.8%9.3%
  11.0%14.0%
  1.7%2.1%
  3.4%7.0%
  1.3%4.8%
  6.5%4.7%
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