Zip 06437 (Guilford, CT) Economy


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06437 Guilford, CT is an excellent place to call home with its 2 bedroom rent being $1,890 compared to the national average of $1,430. The cost for groceries is also relatively low at 111 when compared to the US index of 100. This makes it a great location for those looking for an affordable lifestyle. There are many local companies that make this area desirable such as The Guilford Savings Bank, Yale New Haven Health System, and Ganim Financial. Each brings something unique to the community while providing jobs and services to the people here.

Guilford (zip 06437) has an unemployment rate of 5.1%. The US average is 6.0%.

Guilford (zip 06437) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Guilford (zip 06437)
- The Sales Tax Rate for Guilford (zip 06437) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Guilford (zip 06437) 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 Guilford (zip 06437)
- The average income of a Guilford (zip 06437) resident is $65,362 a year. The US average is $37,638 a year.
- The Median household income of a Guilford (zip 06437) resident is $115,171 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGuilford, 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%
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