Zip 06770 (Naugatuck, CT) Economy


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Naugatuck, CT (06770) is a small city located in New Haven County. It has a population of over 31,000 people and offers a diverse array of local businesses catering to its residents' needs. Residents enjoy 2 bedroom rent for $1,400, which is slightly lower than the national average of $1,430. Additionally, grocery costs index at 104 versus 100 nationally. All together, these factors make Naugatuck an affordable place to live with plenty of shopping and dining options. Local businesses include Stop & Shop Supermarket, CVS Pharmacy, Dunkin Donuts, Dollar Tree, and Big Y Supermarket. With plenty of places to shop for groceries or grab a quick snack on-the-go and reasonable rental prices compared to national averages, it's no wonder why many choose to make Naugatuck their home.

Naugatuck (zip 06770) has an unemployment rate of 8.8%. The US average is 6.0%.

Naugatuck (zip 06770) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Naugatuck (zip 06770)
- The Sales Tax Rate for Naugatuck (zip 06770) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Naugatuck (zip 06770) 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 Naugatuck (zip 06770)
- The average income of a Naugatuck (zip 06770) resident is $30,435 a year. The US average is $28,555 a year.
- The Median household income of a Naugatuck (zip 06770) resident is $86,815 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNaugatuck, ConnecticutUnited States
  8.86
  -7.0%-6.2%
  25.0%33.5%
  6.4%6.2%
  5.0%4.6%
  $39,992$37,638
  $86,815$69,021
  $105,476$85,028
  Population by Occupation
  0.1%1.2%
  0.3%0.5%
  8.2%6.8%
  15.6%10.0%
  2.5%2.5%
  14.9%11.0%
  2.3%4.8%
  0.7%0.8%
  2.8%1.9%
  4.4%4.7%
  2.6%1.9%
  4.1%7.6%
  0.1%0.1%
  3.1%4.2%
  9.3%9.3%
  15.5%14.0%
  1.4%2.1%
  4.3%7.0%
  5.1%4.8%
  2.7%4.7%
Reviews for Naugatuck
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If your into small city type of enviorment and get along with people you will find Naugatuck friendly and quiet. It is a little crowded depending on the side of town you  More

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