Waterbury, CT is a city with a population of over 110,000. It offers an affordable cost of living with the average two bedroom rent costing $1,250 compared to the US average 2 bedroom rent of $1,430. The grocery cost index in Waterbury is 102 compared to the US’s 100. But just because it's cheaper doesn't mean it lacks opportunity- Waterbury has many large companies including Naugatuck Valley Savings & Loan Association which provides jobs in retail banking, loan origination and mortgage services as well as other positions. There's also FuelCell Energy Inc., a renewable energy company that produces electricity from renewable sources such as solar and wind power. Job openings range from Sales Executive to Business Analyst roles. The city is home to Post University, providing students with a great education and job possibilities upon completion. Lastly, Waterbury Hospital offers a variety of healthcare related jobs such as RNs and LPNs, dietary aides, respiratory therapists and more. With its affordability and wide range of job opportunities, Waterbury, CT is an ideal place for people looking for employment or just wanting to start their lives anew.
Waterbury (zip 06706) has an unemployment rate of 13.0%. The US average is 6.0%.
Waterbury (zip 06706) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Waterbury (zip 06706)
- The Sales Tax Rate for Waterbury (zip 06706) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Waterbury (zip 06706) 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 Waterbury (zip 06706)
- The average income of a Waterbury (zip 06706) resident is $23,577 a year. The US average is $37,638 a year.
- The Median household income of a Waterbury (zip 06706) resident is $47,239 a year. The US average is $69,021 a year.