Zip 06114 (Hartford, CT) Economy


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Hartford, CT (zip code 06114) is a city with an average 2 bedroom rent of $1,330. This is slightly lower than the US average of $1,430. The Grocery Cost Index in Hartford is 104 versus the United States average of 100. Some local companies that contribute to this cost index are ShopRite Supermarkets, Stop & Shop Supermarket Company LLC, CVS Pharmacy, Big Y World Class Markets Inc., and Whole Foods Market Group Inc. These companies provide competitive prices for their goods and services compared to the national average.

Hartford (zip 06114) has an unemployment rate of 14.0%. The US average is 6.0%.

Hartford (zip 06114) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for Hartford (zip 06114)
- The Sales Tax Rate for Hartford (zip 06114) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Hartford (zip 06114) 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 Hartford (zip 06114)
- The average income of a Hartford (zip 06114) resident is $14,968 a year. The US average is $28,555 a year.
- The Median household income of a Hartford (zip 06114) resident is $43,964 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHartford, ConnecticutUnited States
  146
  -6.0%-6.2%
  24.3%33.5%
  6.4%6.2%
  5.0%4.6%
  $21,274$37,638
  $43,964$69,021
  $48,120$85,028
  Population by Occupation
  0.0%1.2%
  0.2%0.5%
  7.6%6.8%
  4.8%10.0%
  5.1%2.5%
  16.3%11.0%
  8.8%4.8%
  0.2%0.8%
  0.3%1.9%
  3.0%4.7%
  2.9%1.9%
  1.4%7.6%
  0.0%0.1%
  6.1%4.2%
  5.2%9.3%
  17.9%14.0%
  1.3%2.1%
  8.8%7.0%
  4.9%4.8%
  5.3%4.7%
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