Zip 06877 (Ridgefield, CT) Economy


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Ridgefield, Connecticut (zip code 06877) is a charming small town in Fairfield County. The median two-bedroom rent in Ridgefield is $2,390, which is considerably higher than the national average of $1,430. Furthermore, Ridgefield is known for its high cost of living due to its excellent quality of life amenities and close proximity to New York City. Grocery prices in Ridgefield are also significantly higher than the national average, with an index of 109 compared to 100 across the United States. Despite the high prices of groceries and rent however, there are plenty of local businesses that make the town attractive for residents. Notable companies include Manning’s Restaurant & Bar, The Lumberyard Pub and Kitchen, Glebe House Museum & Gertrude Jekyll Garden as well as several boutiques around Main Street. All in all, Ridgefield has a lot to offer those looking for a unique and enjoyable place to live!

Ridgefield (zip 06877) has an unemployment rate of 8.2%. The US average is 6.0%.

Ridgefield (zip 06877) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Ridgefield (zip 06877)
- The Sales Tax Rate for Ridgefield (zip 06877) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Ridgefield (zip 06877) 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 Ridgefield (zip 06877)
- The average income of a Ridgefield (zip 06877) resident is $75,554 a year. The US average is $28,555 a year.
- The Median household income of a Ridgefield (zip 06877) resident is $160,694 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRidgefield, ConnecticutUnited States
  8.26
  -7.5%-6.2%
  26.7%33.5%
  6.4%6.2%
  5.0%4.6%
  $86,020$37,638
  $160,694$69,021
  $197,727$85,028
  Population by Occupation
  0.2%1.2%
  0.4%0.5%
  5.2%6.8%
  8.6%10.0%
  2.4%2.5%
  7.8%11.0%
  1.7%4.8%
  0.3%0.8%
  4.6%1.9%
  13.1%4.7%
  2.9%1.9%
  16.6%7.6%
  0.8%0.1%
  2.3%4.2%
  8.4%9.3%
  11.3%14.0%
  2.8%2.1%
  5.8%7.0%
  3.3%4.8%
  1.7%4.7%
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