Middletown, CT 06457 is a small city located in the New England region of the United States. It has a population of over 47,000 people and is home to several local businesses, such as Asbury Park Spirits & Wine Market and The Tavern Downtown. The average 2-bedroom rent in Middletown is $1,480 per month, slightly higher than the national average of $1,430. This cost of living is also reflected in its Grocery Cost Index (GCI), which is 105 versus 100 for the US on average. Residents here have access to top-notch restaurants, shopping centers, parks, and schools. Additionally, Middletown is part of the greater Hartford metropolitan area which provides plenty of employment opportunities. With its diverse activities and amenities, Middletown is an ideal place to live for anyone looking for a vibrant city life experience without the hustle and bustle of larger cities like New York City or Boston.
Middletown (zip 06457) has an unemployment rate of 8.0%. The US average is 6.0%.
Middletown (zip 06457) 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 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Middletown (zip 06457)
- The Sales Tax Rate for Middletown (zip 06457) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Middletown (zip 06457) 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 Middletown (zip 06457)
- The average income of a Middletown (zip 06457) resident is $40,738 a year. The US average is $37,638 a year.
- The Median household income of a Middletown (zip 06457) resident is $67,510 a year. The US average is $69,021 a year.