Lebanon, Connecticut (06249) is a small town located in the northeast part of the state. With a population of just under 5,000 people, it is an affordable and peaceful place to live. The median rent for a 2 bedroom apartment in Lebanon is $1,510 per month, slightly higher than the national average of $1,430. Food prices are also higher than the national average; the Grocery Cost Index for Lebanon is 106 versus 100 in the US.
Lebanon features several local businesses that offer goods and services to its residents. Big Y Supermarkets provides groceries and everyday products to locals at affordable prices. Pecks Auto Repair offers professional car repairs and maintenance services at competitive rates. K&K Electric provides electrical contractor services such as wiring, lighting installations and system upgrades for commercial and residential customers. For fun outings with the family or friends, Little City Pizza & Restaurant serves delicious meals and has a full bar with craft beer on tap.
Lebanon (zip 06249) has an unemployment rate of 9.2%. The US average is 6.0%.
Lebanon (zip 06249) has seen the job market decrease by -10.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Lebanon (zip 06249)
- The Sales Tax Rate for Lebanon (zip 06249) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Lebanon (zip 06249) 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 Lebanon (zip 06249)
- The average income of a Lebanon (zip 06249) resident is $49,886 a year. The US average is $37,638 a year.
- The Median household income of a Lebanon (zip 06249) resident is $96,490 a year. The US average is $69,021 a year.