Simsbury, CT (zip code 06070) is a small town of 23000 people located in Hartford County. It has an extremely high cost of living compared to the US as a whole – two bedroom rent in Simsbury is $1,950, which is almost double the national average of $1,430. The grocery cost index in Simsbury is also quite high at 109 compared to the US average of 100.
Despite its high cost of living, Simsbury is home to many local businesses that provide a variety of services and amenities to residents and visitors alike. Popular companies in the area include Talcott Mountain Science Center, Ensign-Bickford Aerospace & Defense Company, and New England Organic Farms. These companies offer jobs for local citizens as well as educational opportunities and activities for young and old alike.
Simsbury (zip 06070) has an unemployment rate of 5.3%. The US average is 6.0%.
Simsbury (zip 06070) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Simsbury (zip 06070)
- The Sales Tax Rate for Simsbury (zip 06070) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Simsbury (zip 06070) 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 Simsbury (zip 06070)
- The average income of a Simsbury (zip 06070) resident is $68,348 a year. The US average is $37,638 a year.
- The Median household income of a Simsbury (zip 06070) resident is $132,622 a year. The US average is $69,021 a year.