Storrs Mansfield, CT (06268) is a desirable location for potential renters and homebuyers due to its affordability. With two bedroom rents averaging at $1,750, Storrs Mansfield is notably more affordable than the US average of $1,430. Additionally, the local grocery cost index in this town is 106 compared to 100 in the US which means groceries here are proportionally cheaper than the national average. Furthermore, potential renters or homeowners can benefit from being close to numerous local companies such as E.H. Jewell Lumber Company, Shaw's Supermarkets, The University of Connecticut Bookstore and many more that offer a variety of job opportunities as well as other services to the community.
Storrs Mansfield (zip 06268) has an unemployment rate of 5.3%. The US average is 6.0%.
Storrs Mansfield (zip 06268) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Storrs Mansfield (zip 06268)
- The Sales Tax Rate for Storrs Mansfield (zip 06268) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Storrs Mansfield (zip 06268) 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 Storrs Mansfield (zip 06268)
- The average income of a Storrs Mansfield (zip 06268) resident is $25,287 a year. The US average is $28,555 a year.
- The Median household income of a Storrs Mansfield (zip 06268) resident is $33,803 a year. The US average is $69,021 a year.