Zip 06092 (West Simsbury, CT) Economy


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West Simsbury is an affluent town located in Connecticut with a population of 6,092 as of the 2010 Census. The 2 Bedroom Rent in West Simsbury is $1,780, which is significantly higher than the US average of $1,430. Additionally, the Grocery Cost Index in West Simsbury is 110 versus the US average of 100. This shows how expensive it can be to live in West Simsbury. Local companies that are based out of West Simsbury include The Farmington Valley YMCA, R & B Auto Repair and Service, and Hartford Behavioral Health. All these companies provide residents of West Simsbury with different services to make life more convenient.

West Simsbury (zip 06092) has an unemployment rate of 5.3%. The US average is 6.0%.

West Simsbury (zip 06092) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.

Tax Rates for West Simsbury (zip 06092)
- The Sales Tax Rate for West Simsbury (zip 06092) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for West Simsbury (zip 06092) 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 Simsbury (zip 06092)
- The average income of a West Simsbury (zip 06092) resident is $62,203 a year. The US average is $28,555 a year.
- The Median household income of a West Simsbury (zip 06092) resident is $175,870 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Simsbury, ConnecticutUnited States
  5.36
  -6.0%-6.2%
  32.5%33.5%
  6.4%6.2%
  5.0%4.6%
  $72,670$37,638
  $175,870$69,021
  $195,000$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  5.0%6.8%
  10.5%10.0%
  0.4%2.5%
  11.0%11.0%
  1.2%4.8%
  1.5%0.8%
  1.0%1.9%
  22.4%4.7%
  2.4%1.9%
  9.7%7.6%
  2.0%0.1%
  1.9%4.2%
  11.1%9.3%
  9.8%14.0%
  0.5%2.1%
  1.3%7.0%
  4.6%4.8%
  2.3%4.7%
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