Zip 06051 (New Britain, CT) Economy


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New Britain, CT is the zip code 06051. This suburban city is located in Hartford County and is known for its cultural diversity and vibrant economy. The average two-bedroom rent in New Britain is $1,280, which is much lower than the national average of $1,430. Grocery costs are also relatively low as indicated by a grocery cost index of 103 versus 100 nationally.
The city of New Britain boasts many large companies, such as Stanley Black & Decker, Tilcon Connecticut Inc., and Wiremold Company. Smaller businesses include local favorites like Doug's Fish Fry and Raymond's Bakery. It also has plenty of entertainment options like Cinestudio movie theater, the Hole in the Wall Theater, and the Painted Pot paint-your-own pottery studio. With diverse businesses ranging from manufacturing to small retail shops to creative outlets for art and culture, this city offers something for everyone!

New Britain (zip 06051) has an unemployment rate of 12.4%. The US average is 6.0%.

New Britain (zip 06051) 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 27.1%, which is lower than the US average of 33.5%.

Tax Rates for New Britain (zip 06051)
- The Sales Tax Rate for New Britain (zip 06051) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for New Britain (zip 06051) 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 Britain (zip 06051)
- The average income of a New Britain (zip 06051) resident is $16,422 a year. The US average is $28,555 a year.
- The Median household income of a New Britain (zip 06051) resident is $40,367 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Britain, ConnecticutUnited States
  12.46
  -6.0%-6.2%
  27.1%33.5%
  6.4%6.2%
  5.0%4.6%
  $20,715$37,638
  $40,367$69,021
  $47,444$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  7.2%6.8%
  15.9%10.0%
  0.7%2.5%
  14.6%11.0%
  4.7%4.8%
  0.1%0.8%
  1.2%1.9%
  4.2%4.7%
  2.3%1.9%
  1.6%7.6%
  0.0%0.1%
  6.7%4.2%
  3.7%9.3%
  20.4%14.0%
  0.8%2.1%
  8.7%7.0%
  5.2%4.8%
  1.6%4.7%
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