Zip 06492 (Wallingford, CT) Economy


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Wallingford, CT (zip code 06492) is an affluent suburb located in central Connecticut. With a population of over 43,000 people, Wallingford has no shortage of amenities and local companies to serve its citizens. The average two-bedroom rent within this zip code is $1,550, with the US average being $1,430. Additionally, the Grocery Cost Index in Wallingford is 106 compared to the national average of 100.
Some of the local companies that operate within Wallingford include KBE Building Corporation, Cardone Industries, Concept2 Logistics Solutions, and TMK Metal Fabricators. A few amenities available in Wallingford include Oakdale Theatre for live entertainment; YMCA programs such as swimming classes for children; Lyman Hall High School for education; a variety of both casual and fine dining restaurants; and many parks offering outdoor activities such as fishing, walking trails and playgrounds.

Wallingford (zip 06492) has an unemployment rate of 6.6%. The US average is 6.0%.

Wallingford (zip 06492) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.

Tax Rates for Wallingford (zip 06492)
- The Sales Tax Rate for Wallingford (zip 06492) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Wallingford (zip 06492) 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 Wallingford (zip 06492)
- The average income of a Wallingford (zip 06492) resident is $36,998 a year. The US average is $28,555 a year.
- The Median household income of a Wallingford (zip 06492) resident is $88,605 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWallingford, ConnecticutUnited States
  6.66
  -4.9%-6.2%
  29.2%33.5%
  6.4%6.2%
  5.0%4.6%
  $44,823$37,638
  $88,605$69,021
  $110,770$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  7.6%6.8%
  11.4%10.0%
  3.1%2.5%
  10.0%11.0%
  3.5%4.8%
  0.7%0.8%
  2.4%1.9%
  5.2%4.7%
  1.5%1.9%
  6.7%7.6%
  0.1%0.1%
  3.2%4.2%
  11.7%9.3%
  15.5%14.0%
  1.6%2.1%
  7.7%7.0%
  4.7%4.8%
  3.1%4.7%
Reviews for Wallingford
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Over 4 years ago

Wallingford is a very nice Connecticut suburban town. It has the charm of a great New England community with easy access to major metropolitan areas via two interstates  More

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The state of Connecticut has some wonderful areas in which to call home. As a resident in Fieldstone Farms in Wallingford, this truly is one of those areas. In  More

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