Waterbury, Connecticut (06708) is a vibrant city with a population of about 110,000. It offers excellent 2-bedroom rental rates of $1,340, which is slightly lower than the U.S. average of $1,430. Additionally, Waterbury has an affordable grocery cost index of 103 compared to 100 in the US. \nThe city is home to many businesses and companies that cater to the local population's needs and preferences. Notable local companies include Post University, Webster Bank, P&M Corporate Finance LLC and A-1 Apartment Rentals LLC. Post University provides quality higher education opportunities in Waterbury while Webster Bank comprises a network of financial services providers with over 180 locations in CT and RI. P&M Corporate Finance LLC specializes in providing business consulting services for small businesses while A-1 Apartment Rentals LLC offers affordable rental properties throughout the area.
Waterbury (zip 06708) has an unemployment rate of 13.0%. The US average is 6.0%.
Waterbury (zip 06708) has seen the job market decrease by -0.7% 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 06708)
- The Sales Tax Rate for Waterbury (zip 06708) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Waterbury (zip 06708) 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 06708)
- The average income of a Waterbury (zip 06708) resident is $26,008 a year. The US average is $28,555 a year.
- The Median household income of a Waterbury (zip 06708) resident is $59,198 a year. The US average is $69,021 a year.