Central Village, Connecticut is a small town located in the northeast part of the state. The population of Central Village is 812 people. With its small population, Central Village offers a peaceful living environment with a cost of living that is lower than the US national average. The rent for a two bedroom apartment in Central Village averages $1,030 per month which is significantly cheaper than the national average of $1,430. Grocery costs are also lower in Central Village with an index score of 103 versus 100 in the US. With its low cost of living, residents have access to local amenities such as Shops at Fox Hill Shopping Center or Basin Glass Studio and art gallery. Residents can also enjoy outdoor activities such as hiking at Mashamoquet State Park or fishing on Quinebaug River located nearby. Central Village provides an affordable option for those looking for a small-town atmosphere without sacrificing modern conveniences like shops and restaurants.
Central Village (zip 06332) has an unemployment rate of 8.0%. The US average is 6.0%.
Central Village (zip 06332) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Central Village (zip 06332)
- The Sales Tax Rate for Central Village (zip 06332) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Central Village (zip 06332) 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 Central Village (zip 06332)
- The average income of a Central Village (zip 06332) resident is $26,671 a year. The US average is $28,555 a year.
- The Median household income of a Central Village (zip 06332) resident is $53,103 a year. The US average is $69,021 a year.