Zip 06510 (New Haven, CT) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
New Haven, Connecticut is an exciting city with plenty of attractions to explore! Located in zip code 06510, New Haven has an array of businesses, cultural attractions, and universities such as Yale. It’s also a great place to live due to its affordable housing options; the average two-bedroom rent for New Haven is $2,020 which is cheaper than the US average of $1,430. The grocery cost index in New Haven is 107, slightly higher than the US average of 100.
Famous companies from New Haven include Alexion Pharmaceuticals and Melinta Therapeutics; these pharmaceutical firms employ thousands of people from the area while contributing billions to Connecticut's economy every year. Additionally, many start-ups and restaurants have come out of New Haven including Bar (an app that allows for users to order beer online) and Elm City Market (a locally sourced grocery store). From its rich history to its vibrant nightlife scene and other attractions such as the historic Shubert Theater – there’s something for everyone in 06510!

New Haven (zip 06510) has an unemployment rate of 9.7%. The US average is 6.0%.

New Haven (zip 06510) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.

Tax Rates for New Haven (zip 06510)
- The Sales Tax Rate for New Haven (zip 06510) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for New Haven (zip 06510) 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 New Haven (zip 06510)
- The average income of a New Haven (zip 06510) resident is $60,609 a year. The US average is $37,638 a year.
- The Median household income of a New Haven (zip 06510) resident is $67,446 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Haven, ConnecticutUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.