Essex Village, CT (zip code 06426) is a small village located in Middlesex County. Due to its proximity to New York City, it has become a popular destination for commuters who work in the city while still enjoying a more peaceful environment. The average 2 bedroom rent in Essex Village is $1,740, which is higher than the national 2 bedroom rent of $1,430. Additionally, the cost of goods is also higher here with a Grocery Cost Index of 112 versus 100 in the US. Despite this higher cost of living, there are many benefits that come from living in Essex Village. It offers plenty of local companies and amenities such as restaurants, stores, banks and entertainment options like cinemas and bowling alleys. The town also features several parks and trails perfect for outdoor activities like walking or biking. There are plenty of educational opportunities for children with multiple public elementary schools and one high school in town. In addition to all these features, there is an abundance of culture and history found throughout Essex Village due to its long-standing residents and unique architecture that has been preserved since colonial times.
Essex Village (zip 06426) has an unemployment rate of 7.0%. The US average is 6.0%.
Essex Village (zip 06426) 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 Essex Village (zip 06426)
- The Sales Tax Rate for Essex Village (zip 06426) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Essex Village (zip 06426) 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 Essex Village (zip 06426)
- The average income of a Essex Village (zip 06426) resident is $63,397 a year. The US average is $28,555 a year.
- The Median household income of a Essex Village (zip 06426) resident is $108,162 a year. The US average is $69,021 a year.