Hamden, CT (Zip Code 06514) is an excellent place to live if you're looking for an affordable lifestyle near the center of all the action. The average rent for a two-bedroom apartment in this area is only $1,710 per month, which is much lower than the national average of $1430. Grocery costs are also slightly higher than average here at 105 compared to 100 nationally. There are plenty of local businesses throughout Hamden like Walgreens Pharmacy, Wells Fargo Bank, and Burger King that make everyday tasks convenient and easy. With its affordability and close proximity to larger cities like New Haven and Hartford, Hamden makes an attractive place to call home.
Hamden (zip 06514) has an unemployment rate of 6.7%. The US average is 6.0%.
Hamden (zip 06514) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Hamden (zip 06514)
- The Sales Tax Rate for Hamden (zip 06514) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Hamden (zip 06514) 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 Hamden (zip 06514)
- The average income of a Hamden (zip 06514) resident is $30,490 a year. The US average is $28,555 a year.
- The Median household income of a Hamden (zip 06514) resident is $75,800 a year. The US average is $69,021 a year.