Stamford, CT (06905) is a great place to live with plenty of job opportunity and recreational activities to suit everyone's needs. This area is known for its booming economy driven by many local employers such as UBS Investment Bank, Aetna Insurance Company, Pitney Bowes Inc., Xerox Corporation, and Stanley Black & Decker. The average rent for a two-bedroom apartment in Stamford is $2,780 -- higher than the national average of $1,430 which reflects the livability of this area. Additionally, Stamford's Grocery Cost Index is 107 versus 100 nationally which indicates that food prices are slightly higher in this area. However, when it comes to recreational fun there is an abundance of things to do! If you're looking for outdoor joys then Stamford Beach is your go-to spot! There are also multiple parks throughout the city providing opportunities for picnics and BBQs with friends and family. Those who enjoy nightlife can enjoy the many bars and restaurants downtown too!
Stamford (zip 06905) has an unemployment rate of 7.8%. The US average is 6.0%.
Stamford (zip 06905) 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 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Stamford (zip 06905)
- The Sales Tax Rate for Stamford (zip 06905) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Stamford (zip 06905) 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 Stamford (zip 06905)
- The average income of a Stamford (zip 06905) resident is $53,165 a year. The US average is $28,555 a year.
- The Median household income of a Stamford (zip 06905) resident is $120,460 a year. The US average is $69,021 a year.