Niantic, Connecticut in zip code 06357 is a great place to live with a pleasant atmosphere and plenty of local businesses. The median two bedroom rental price is $1,630 which is slightly higher than the national average of $1,430. Living costs in Niantic are also slightly higher than average due to the Grocery Cost Index which is at 107 versus 100 nationally. There are numerous local companies that offer unique goods and services such as Niantic Bay Bicycles for bike sales and repair, Karen's Kitchen Café for delicious coffee and pastries, and Niantic Florist for beautiful flower arrangements. All these factors make 06357 an attractive option for those looking to relocate or just visit.
Niantic (zip 06357) has an unemployment rate of 8.0%. The US average is 6.0%.
Niantic (zip 06357) has seen the job market decrease by -10.5% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Niantic (zip 06357)
- The Sales Tax Rate for Niantic (zip 06357) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Niantic (zip 06357) 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 Niantic (zip 06357)
- The average income of a Niantic (zip 06357) resident is $46,348 a year. The US average is $37,638 a year.
- The Median household income of a Niantic (zip 06357) resident is $88,569 a year. The US average is $69,021 a year.