Zip 06710 (Waterbury, CT) Economy


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Waterbury, Connecticut (CT) 06710 is a great place to live due to its diversity and amenities. With a population of 110,366, this city offers an array of activities for all ages. The average rent for a two-bedroom apartment in Waterbury is $1,410 while the national average is slightly higher at $1,430. Additionally, the grocery cost index in Waterbury is 103 compared to the US index which is 100. The cost of living in Waterbury is 9% lower than the national average so residents can enjoy quality services at affordable prices. There are many local businesses in Waterbury such as Webster Bank, PepsiCo Inc., United Technologies Corporation, and Aetna Inc., that offer excellent job opportunities for residents. All in all Waterbury CT 06710 presents many advantages to any potential resident looking for an affordable place with high quality services and activities.

Waterbury (zip 06710) has an unemployment rate of 13.0%. The US average is 6.0%.

Waterbury (zip 06710) 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 06710)
- The Sales Tax Rate for Waterbury (zip 06710) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Waterbury (zip 06710) 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 06710)
- The average income of a Waterbury (zip 06710) resident is $22,452 a year. The US average is $37,638 a year.
- The Median household income of a Waterbury (zip 06710) resident is $49,762 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaterbury, ConnecticutUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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