Zip 06468 (Monroe, CT) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Monroe, Connecticut ( zip code 06468) is a wonderful place to live. The 2 bedroom rent is slightly higher than the US average of $1,430 at $1,700, but food costs are lower here due to the grocery cost index being 106 versus 100 in the US. Among all the advantages of living in Monroe, there are several local companies that can provide jobs and services for those living there. For instance, Spectrum Health Systems provides mental health counseling and chemical dependency services while Golden Hill Nursing Home offers long-term care and rehabilitation facilities. There’s also a factory outlet mall known as Crystal Mall with several retail outlets like Macy’s and JCPenney. Finally, if you're looking for a convenient place to shop or grab a bite to eat then there's TJ Maxx and Panera Bread located near Crystal Mall. All these businesses make Monroe a great place for people to work and live.

Monroe (zip 06468) has an unemployment rate of 7.3%. The US average is 6.0%.

Monroe (zip 06468) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Monroe (zip 06468)
- The Sales Tax Rate for Monroe (zip 06468) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Monroe (zip 06468) 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 Monroe (zip 06468)
- The average income of a Monroe (zip 06468) resident is $48,639 a year. The US average is $28,555 a year.
- The Median household income of a Monroe (zip 06468) resident is $127,995 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMonroe, ConnecticutUnited States
  7.36
  -7.5%-6.2%
  26.2%33.5%
  6.4%6.2%
  5.0%4.6%
  $53,413$37,638
  $127,995$69,021
  $153,868$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  8.0%6.8%
  9.6%10.0%
  1.8%2.5%
  11.1%11.0%
  4.7%4.8%
  0.1%0.8%
  2.3%1.9%
  6.5%4.7%
  1.8%1.9%
  11.5%7.6%
  0.2%0.1%
  4.4%4.2%
  11.8%9.3%
  14.2%14.0%
  2.0%2.1%
  2.5%7.0%
  2.3%4.8%
  5.1%4.7%
Reviews for Monroe
    See all ()

Over 17 years ago

We've been hear 7 years and our time in this community has been a pleasure for all of us. Good schools, nice families and a great place to raise  More

   |    Reply

Start Your Review of Monroe

Health