Shelton, Connecticut (zip code 06484) is a city located in Fairfield County. As of 2020, the median 2 bedroom rent in Shelton was $1,950, which is higher than the US median rent of $1,430. Moreover, the Grocery Cost Index in Shelton was 105 versus 100 for the US as whole.
The local economy in Shelton is primarily composed of service industries such as retail stores like Lowe’s and Stop & Shop; restaurants like G&S Pizza; and employers including Sikorsky Aircraft and Housatonic Community College.
In conclusion, Shelton is an affluent city where rent prices are high compared to national averages and the local economy relies primarily on service industries.
Shelton (zip 06484) has an unemployment rate of 8.0%. The US average is 6.0%.
Shelton (zip 06484) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Shelton (zip 06484)
- The Sales Tax Rate for Shelton (zip 06484) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Shelton (zip 06484) 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 Shelton (zip 06484)
- The average income of a Shelton (zip 06484) resident is $41,189 a year. The US average is $28,555 a year.
- The Median household income of a Shelton (zip 06484) resident is $103,647 a year. The US average is $69,021 a year.