Zip 06107 (West Hartford, CT) Economy


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West Hartford, CT is one of the affluent suburbs of Hartford with a population of 63,268. The 2 Bedroom Rent in West Hartford is $1,960 compared to the US average rent of $1,430. The Grocery Cost Index in West Hartford is 110 compared to 100 in the US, meaning that groceries in West Hartford are 10% more expensive than the national average. Some major companies located in West Hartford include Aetna Insurance, United Technologies Corporation (UTC) and The Phoenix Companies. The city also serves as home to a number of prestigious universities such as Trinity College and University of Connecticut Health Center. With its excellent educational opportunities and robust business presence, West Hartford stands out among other cities for providing an amazing quality of life to its residents.

West Hartford (zip 06107) has an unemployment rate of 5.7%. The US average is 6.0%.

West Hartford (zip 06107) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for West Hartford (zip 06107)
- The Sales Tax Rate for West Hartford (zip 06107) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for West Hartford (zip 06107) 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 West Hartford (zip 06107)
- The average income of a West Hartford (zip 06107) resident is $69,952 a year. The US average is $37,638 a year.
- The Median household income of a West Hartford (zip 06107) resident is $147,429 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Hartford, 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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