Zip 06074 (South Windsor, CT) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
South Windsor, Connecticut (06074) is a great place to live for those who need a convenient location close to major urban centers. The 2 bedroom rent in South Windsor is $1,910 which is slightly higher than the US average of $1,430. Despite this, there are still plenty of affordable options for residents looking for good value. Additionally, grocery cost index in South Windsor is 106 compared to 100 in the US which may be an attractive option for people looking to save money on food expenses. There are several local companies in South Windsor such as Pratt & Whitney and Kaman Aerospace Corporation who employ a large number of locals and help drive the economy. All things considered, South Windsor can provide an excellent quality of life at an reasonable price and provides plenty of economic opportunities for its residents.

South Windsor (zip 06074) has an unemployment rate of 6.2%. The US average is 6.0%.

South Windsor (zip 06074) 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 30.7%, which is lower than the US average of 33.5%.

Tax Rates for South Windsor (zip 06074)
- The Sales Tax Rate for South Windsor (zip 06074) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for South Windsor (zip 06074) 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 South Windsor (zip 06074)
- The average income of a South Windsor (zip 06074) resident is $56,976 a year. The US average is $37,638 a year.
- The Median household income of a South Windsor (zip 06074) resident is $126,996 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Windsor, 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%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.