Hartford, Connecticut (06120) is a vibrant city that offers residents a wide variety of amenities and opportunities. The two-bedroom rent in the area is slightly cheaper than the national average at $1,330 versus $1,430 for the US. Additionally, grocery cost index in Hartford is 101 compared to 100 in the US. Hartford has a rich culture with its museums such as Wadsworth Atheneum and Mark Twain House & Museum, and parks like Bushnell Park and Elizabeth Park. There are many local businesses that keep the economy strong such as Cigna Corporation, Stanley Black & Decker, United Technologies Corporation (UTC), Hartford Financial Services Group (HFSG), Aetna Insurance Company and ConnectiCare Health Insurance Company.
Hartford (zip 06120) has an unemployment rate of 14.0%. The US average is 6.0%.
Hartford (zip 06120) has seen the job market decrease by -6.0% 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 06120)
- The Sales Tax Rate for Hartford (zip 06120) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Hartford (zip 06120) 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 06120)
- The average income of a Hartford (zip 06120) resident is $14,975 a year. The US average is $37,638 a year.
- The Median household income of a Hartford (zip 06120) resident is $25,461 a year. The US average is $69,021 a year.