Zip 06412 (Chester, CT) Economy


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Chester, CT (zip code 06412) is located in the Southeastern part of Connecticut with estimated population around 6,400. The median rent for a 2 bedroom apartment here is $1,540 which is slightly higher than the US average ($1,430). Grocery Cost Index is also slightly higher in Chester (108 vs 100) compared to the US. It's location near Long Island Sound provides many options for leisure activities such as fishing, swimming, boating and beach activities. There are many companies located in the vicinity such as Meyer Corp., Stonegate Village Homeowners Assoc., and Heon's Landscaping & Nursery Inc. Other local attractions include Gillette Castle State Park, Lyme Art Association Gallery and Yale Peabody Museum of Natural History.

Chester (zip 06412) has an unemployment rate of 7.0%. The US average is 6.0%.

Chester (zip 06412) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Chester (zip 06412)
- The Sales Tax Rate for Chester (zip 06412) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Chester (zip 06412) 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 Chester (zip 06412)
- The average income of a Chester (zip 06412) resident is $41,592 a year. The US average is $28,555 a year.
- The Median household income of a Chester (zip 06412) resident is $93,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChester, ConnecticutUnited States
  76
  -5.5%-6.2%
  29.8%33.5%
  6.4%6.2%
  5.0%4.6%
  $46,032$37,638
  $93,333$69,021
  $112,899$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  8.8%6.8%
  15.2%10.0%
  2.4%2.5%
  6.3%11.0%
  3.8%4.8%
  1.5%0.8%
  1.1%1.9%
  1.6%4.7%
  4.1%1.9%
  10.1%7.6%
  0.0%0.1%
  3.1%4.2%
  5.5%9.3%
  9.7%14.0%
  5.9%2.1%
  10.5%7.0%
  5.7%4.8%
  4.4%4.7%
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