Bantam, CT (06750) is a small town located in Litchfield County in the state of Connecticut. The 2 bedroom rent for this area is $1,360 which is lower than the US average of $1,430. Grocery cost index in Bantam is 107 compared to the US average of 100. This means that groceries are slightly more expensive in Bantam than the US average. Some local companies that cater to grocery needs are Big Y Supermarket, which offers competitive prices on food items and other related products; ShopRite Supermarkets, which has discount programs for loyal customers; and Stop & Shop Supermarket Company which offers weekly sales and even delivery services for those who require it. All these companies have a high grocery cost index in Bantam compared to places elsewhere in the country.
Bantam (zip 06750) has an unemployment rate of 7.9%. The US average is 6.0%.
Bantam (zip 06750) has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Bantam (zip 06750)
- The Sales Tax Rate for Bantam (zip 06750) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Bantam (zip 06750) 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 Bantam (zip 06750)
- The average income of a Bantam (zip 06750) resident is $63,151 a year. The US average is $37,638 a year.
- The Median household income of a Bantam (zip 06750) resident is $87,778 a year. The US average is $69,021 a year.