The city of New Haven, CT (zip code 06511) is an attractive option for those looking for a more affordable living situation than the US average. The median rent for a two-bedroom apartment in the area is $1,750 per month, significantly lower than the national average of $1,430. When it comes to grocery costs, New Haven has an index of 105 compared to 100 in the US, so prices are slightly higher but still competitive with other areas.
New Haven has a thriving economy and plenty of amenities available for residents. There are several large employers such as Yale University and Yale-New Haven Hospital who provide jobs in education and healthcare. For entertainment options, there is a wide range of restaurants from classic Italian food at Frank Pepe Pizzeria Napoletana to Asian fusion eatery Kawa Ni. Additionally, local parks like Edgewood Park offer a great place to relax or take a walk. With its lower priced rental options and ample amenities, New Haven is an excellent place to live and work.
New Haven (zip 06511) has an unemployment rate of 9.7%. The US average is 6.0%.
New Haven (zip 06511) 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 06511)
- The Sales Tax Rate for New Haven (zip 06511) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for New Haven (zip 06511) 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 06511)
- The average income of a New Haven (zip 06511) resident is $31,290 a year. The US average is $37,638 a year.
- The Median household income of a New Haven (zip 06511) resident is $51,236 a year. The US average is $69,021 a year.