Newington, CT (06111) is an affluent area located just south of Hartford, with plenty of shopping and dining options. With a grocery cost index of 105 compared to 100 in the US, Newington is slightly more expensive for food than the national average. The average rent for a two bedroom apartment here is $1,620 as opposed to the national average of $1,430, making it quite a bit higher than other areas in the country. Local companies such as Connecticut Fastener & Tool Supply Co., Bright Horizons at Newington, and Electronic Control Systems are all great places to work in Newington. The high rent prices may be worth it for some due to its proximity to downtown Hartford and other attractions that make this area so appealing.
Newington (zip 06111) has an unemployment rate of 8.6%. The US average is 6.0%.
Newington (zip 06111) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Newington (zip 06111)
- The Sales Tax Rate for Newington (zip 06111) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Newington (zip 06111) 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 Newington (zip 06111)
- The average income of a Newington (zip 06111) resident is $43,209 a year. The US average is $37,638 a year.
- The Median household income of a Newington (zip 06111) resident is $90,314 a year. The US average is $69,021 a year.