Zip 06403 (Beacon Falls, CT) Economy


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Beacon Falls is a small town in the state of Connecticut with a population of 5,246. It has an array of local businesses and amenities to suit all lifestyles. For those looking for an affordable place to live, the average two bedroom rent in Beacon Falls is $1,770 compared to the US average of $1,430. Grocery cost index in Beacon Falls is 106 versus 100 in the US. There are many great local businesses such as Vigneto Del Bino Winery, Korz Coffee House & Bakery, and Flynn's Irish Pub & Restaurant. There are also many wonderful amenities available including grocery stores, parks and trails, banks and credit unions, libraries, churches and schools.

Beacon Falls (zip 06403) has an unemployment rate of 8.5%. The US average is 6.0%.

Beacon Falls (zip 06403) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Beacon Falls (zip 06403)
- The Sales Tax Rate for Beacon Falls (zip 06403) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Beacon Falls (zip 06403) 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 Beacon Falls (zip 06403)
- The average income of a Beacon Falls (zip 06403) resident is $50,200 a year. The US average is $37,638 a year.
- The Median household income of a Beacon Falls (zip 06403) resident is $90,804 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeacon Falls, ConnecticutUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Beacon Falls
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Only half an hour from New Haven and MIlford, and less than an hour from Hartford and Stamford. Good thing, too, this is a very small  More

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