Zip 06320 (New London, CT) 

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Economy in Zip 06320 (New London, CT)

New London (zip 06320) has an unemployment rate of 5.0%. The US average is 3.7%.

New London (zip 06320) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.

Tax Rates for New London (zip 06320)
- The Sales Tax Rate for New London (zip 06320) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for New London (zip 06320) 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 London (zip 06320)
- The average income of a New London (zip 06320) resident is $21,759 a year. The US average is $28,555 a year.
- The Median household income of a New London (zip 06320) resident is $41,345 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYNew London, ConnecticutUnited States
  5.0%3.7%
  0.2%1.6%
  28.9%33.5%
  6.4%6.2%
  5.0%4.6%
  $23,369$31,177
  $37,357$57,652
  $45,520$70,850
  POPULATION BY OCCUPATION
  0.1%1.3%
  0.0%0.6%
  3.9%6.2%
  10.7%10.4%
  0.5%2.7%
  13.9%11.6%
  3.0%4.1%
  1.1%0.9%
  1.9%2.1%
  1.9%4.7%
Real estate, rental, leasing0.9%1.9%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    New London (zip 06320)


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