Zip 06053 (New Britain, CT) Economy


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New Britain, CT (06053) is a small city located in the Hartford County of Connecticut. It has a population of 73,206 as of 2020 and is home to several large companies such as Stanley Black & Decker, Fuss & O'Neill and New Britain Machine Products. The city offers its residents many amenities including several parks, recreational centers, museums and art galleries. The 2 Bedroom Rent in New Britain is $1,410 compared to the US average of $1,430 and the Grocery Cost Index is 104 versus 100 in the US. This makes New Britain an attractive option for those looking for affordable housing options with access to good amenities.

New Britain (zip 06053) has an unemployment rate of 12.4%. The US average is 6.0%.

New Britain (zip 06053) 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 27.1%, which is lower than the US average of 33.5%.

Tax Rates for New Britain (zip 06053)
- The Sales Tax Rate for New Britain (zip 06053) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for New Britain (zip 06053) 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 Britain (zip 06053)
- The average income of a New Britain (zip 06053) resident is $28,880 a year. The US average is $37,638 a year.
- The Median household income of a New Britain (zip 06053) resident is $56,807 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Britain, 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%
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