Old Greenwich, CT 06870 is a small affluent town in Fairfield County located just south of Stamford. It has great schools, plenty of parks and recreation facilities, and a convenient location close to I-95 and the Metro North Train Station. The average 2 bedroom rent in Old Greenwich is $2,950 which is much higher than the national average of $1,430. The grocery cost index in Old Greenwich is also high at 118 versus the national average of 100. There are many local companies that draw from Old Greenwich's talented labor pool including Investment Banking firms such as AllianceBernstein LP and Bridgewater Associates LP. Other popular businesses include luxury clothing store Vineyard Vines, health club Crunch Fitness, and specialty food store Juli's Gourmet Marketplace.
Old Greenwich (zip 06870) has an unemployment rate of 5.6%. The US average is 6.0%.
Old Greenwich (zip 06870) has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Old Greenwich (zip 06870)
- The Sales Tax Rate for Old Greenwich (zip 06870) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Old Greenwich (zip 06870) 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 Old Greenwich (zip 06870)
- The average income of a Old Greenwich (zip 06870) resident is $114,365 a year. The US average is $37,638 a year.
- The Median household income of a Old Greenwich (zip 06870) resident is $222,649 a year. The US average is $69,021 a year.