Hartford, Connecticut (06103) is a city with plenty to offer. Its two bedroom rent of $1,970 surpasses the US average of $1430, and its grocery cost index of 103 is higher than the national 100. Despite the steep costs, Hartford has a booming economy with numerous high-profile companies such as United Technologies Corporation, Aetna Life Insurance Company, The Hartford Financial Services Group, and Travelers Insurance Company - all of which are known for their excellent business practices. Furthermore, the city's education system is one of the best in the US with renowned universities such as Trinity College and University of Connecticut. Hartford offers residents plenty to enjoy without having to leave town - from its award winning theater district to its professional sports teams.
Hartford (zip 06103) has an unemployment rate of 14.0%. The US average is 6.0%.
Hartford (zip 06103) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Hartford (zip 06103)
- The Sales Tax Rate for Hartford (zip 06103) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Hartford (zip 06103) 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 Hartford (zip 06103)
- The average income of a Hartford (zip 06103) resident is $67,335 a year. The US average is $28,555 a year.
- The Median household income of a Hartford (zip 06103) resident is $87,782 a year. The US average is $69,021 a year.