Zip 06798 (Woodbury, CT) Economy


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Woodbury, Connecticut (CT 06798) is a small town located in Litchfield County. It has a population of just over 10,000 people and offers residents an ideal mix of rural and urban living. The overall cost of living is slightly higher than the national average, with 2 bedroom rent costing an average of $1400 compared to the US average of $1430. Grocery costs in Woodbury are also slightly higher than the national average with an index score of 109 versus 100 in the US.
Woodbury is home to several local businesses such as Woodbury Auto Repair, Harmony Hill Winery and Vineyard, Amato's Toy & Hobby Center, and Countryside Tree Service. These companies provide jobs for local residents as well as goods and services for community members. Woodbury also offers a variety of recreational activities including fishing, hunting, hiking trails, skiing, snowboarding and golfing.

Woodbury (zip 06798) has an unemployment rate of 7.9%. The US average is 6.0%.

Woodbury (zip 06798) has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Woodbury (zip 06798)
- The Sales Tax Rate for Woodbury (zip 06798) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Woodbury (zip 06798) 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 Woodbury (zip 06798)
- The average income of a Woodbury (zip 06798) resident is $63,569 a year. The US average is $37,638 a year.
- The Median household income of a Woodbury (zip 06798) resident is $104,081 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodbury, ConnecticutUnited States
  7.96
  -6.4%-6.2%
  25.5%33.5%
  6.4%6.2%
  5.0%4.6%
  $63,569$37,638
  $104,081$69,021
  $119,623$85,028
  Population by Occupation
  0.3%1.2%
  0.7%0.5%
  6.1%6.8%
  12.5%10.0%
  0.9%2.5%
  12.8%11.0%
  4.3%4.8%
  0.3%0.8%
  3.3%1.9%
  4.9%4.7%
  2.3%1.9%
  9.7%7.6%
  0.2%0.1%
  3.9%4.2%
  10.8%9.3%
  10.7%14.0%
  0.9%2.1%
  5.6%7.0%
  5.9%4.8%
  4.1%4.7%
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