Stratford, CT (zip code 06614) is an ideal place to live for those looking for a peaceful and family-friendly environment. It is situated in the Greater Bridgeport area along the Housatonic River and offers a moderate cost of living. The average two-bedroom rent in Stratford is $1,880, which is significantly lower than the US median rent of $1,430. The Grocery Cost Index for Stratford is 104 compared to the US index of 100; this means that groceries are 4% more expensive in Stratford than they are nationwide.
Stratford's economy has something to offer for everyone with a variety of business hubs including Sikorsky Aircraft Corporation, Thermo Fisher Scientific Center and Walmart Distribution Center all located within its limits. There are also many small businesses such as restaurants, boutique stores and art galleries which provide employment opportunities for local residents. Stratford is home to 28,000 people who are served by 36 public schools.
Stratford (zip 06614) has an unemployment rate of 8.2%. The US average is 6.0%.
Stratford (zip 06614) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Stratford (zip 06614)
- The Sales Tax Rate for Stratford (zip 06614) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Stratford (zip 06614) 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 Stratford (zip 06614)
- The average income of a Stratford (zip 06614) resident is $37,391 a year. The US average is $28,555 a year.
- The Median household income of a Stratford (zip 06614) resident is $94,037 a year. The US average is $69,021 a year.