Zip 06365 (Preston, CT) Economy


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Preston, Connecticut (06365) is a small community located in the Eastern part of the state. It has a population of less than 5,000 people, making it an ideal town for those seeking peace and quiet. The average rent for a two-bedroom apartment here is $1,630 which is slightly higher than the US average of $1,430. For groceries, Preston has a grocery cost index of 106 compared to 100 in the US.
Businesses in Preston include Groton Cycle & Ski where one can rent bicycles and skis or get tune-ups and repairs; Bowen's Farm Stand providing fresh produce; Barrington Shoe Repair offering shoes services; Elmwood Farm for hay, straw and wood pellets; Groton Country Store with local clothing, gifts, home decor and more; RJ's First Stop Fuel Station to purchase fuel and snacks; Preston Country Diner for breakfast and lunch; XO Bistro Restaurant serving delicious seafood dishes; Griswold Inn offering fine dining experience; Indian Valley Golf Course with 18 hole golf course stretching 6800 yards. These businesses offer great amenities to the local residents as well as tourists visiting Preston.

Preston (zip 06365) has an unemployment rate of 9.2%. The US average is 6.0%.

Preston (zip 06365) has seen the job market decrease by -10.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Preston (zip 06365)
- The Sales Tax Rate for Preston (zip 06365) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Preston (zip 06365) 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 Preston (zip 06365)
- The average income of a Preston (zip 06365) resident is $41,281 a year. The US average is $37,638 a year.
- The Median household income of a Preston (zip 06365) resident is $95,962 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPreston, ConnecticutUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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