Zip 06262 (Quinebaug, CT) Economy


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06262 Quinebaug, CT is an attractive residential spot for many due to the affordable rental prices. The average rent for a two bedroom apartment is $1,420, which is slightly lower than the US-wide average of $1,430. Also, grocery costs are cheaper in this area compared to the US with an index of 104 versus 100 respectively. Residents of 06262 Quinebaug take advantage of these benefits as well as the proximity to local businesses such as Deep River Feed & Supply Company and Sunrise Gas Station & Convenience Store. These companies offer a variety of products and services that appeal to both residents and visitors alike. The Deep River Feed & Supply Company specializes in pet food, farm fresh eggs, hay and straw while Sunrise Gas Station & Convenience Store offers fuel, snacks, automotive items and more. Both businesses have become staples in this community due to their convenience and quality products at great prices.

Quinebaug (zip 06262) has an unemployment rate of 8.3%. The US average is 6.0%.

Quinebaug (zip 06262) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.

Tax Rates for Quinebaug (zip 06262)
- The Sales Tax Rate for Quinebaug (zip 06262) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Quinebaug (zip 06262) 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 Quinebaug (zip 06262)
- The average income of a Quinebaug (zip 06262) resident is $28,825 a year. The US average is $28,555 a year.
- The Median household income of a Quinebaug (zip 06262) resident is $51,522 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyQuinebaug, ConnecticutUnited States
  8.36
  -7.0%-6.2%
  31.4%33.5%
  6.4%6.2%
  5.0%4.6%
  $38,328$37,638
  $51,522$69,021
  $72,396$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  0.0%6.8%
  12.7%10.0%
  2.0%2.5%
  2.0%11.0%
  6.3%4.8%
  7.6%0.8%
  0.0%1.9%
  1.1%4.7%
  0.0%1.9%
  5.4%7.6%
  0.0%0.1%
  4.9%4.2%
  34.4%9.3%
  8.0%14.0%
  6.9%2.1%
  0.0%7.0%
  6.7%4.8%
  0.0%4.7%
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