Sterling, CT (06377) is a small town located in New London County. It has a population of about 5,000 people and offers its residents a comfortable suburb lifestyle. The median rent for a two-bedroom apartment in Sterling is $1,430, which is comparable to the national average. The cost of living index for Sterling is 105 versus 100 in the US, indicating that it may be slightly more expensive than some other parts of Connecticut.
Sterling offers its residents plenty of local businesses to enjoy. Some popular local companies include Sterling Farms Market, North Windham Animal Hospital, and Riverview Automotive Repair & Tire Center. Whether you're looking for food or services, there are small businesses ready to meet your needs.
Overall, Sterling is an affordable place with plenty of amenities available to its residents. With a reasonable cost of living index and lots of great local businesses to shop at, this little town is sure to meet most needs and expectations.
Sterling (zip 06377) has an unemployment rate of 8.3%. The US average is 6.0%.
Sterling (zip 06377) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Sterling (zip 06377)
- The Sales Tax Rate for Sterling (zip 06377) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Sterling (zip 06377) 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 Sterling (zip 06377)
- The average income of a Sterling (zip 06377) resident is $30,073 a year. The US average is $28,555 a year.
- The Median household income of a Sterling (zip 06377) resident is $90,759 a year. The US average is $69,021 a year.