Grotin, CT is a small town located in New London County. With a population of just under 10,000 people, it is a well kept secret to those looking for an affordable cost of living. The 2 bedroom rent in Groton averages around $1,520 per month, which is slightly higher than the national average of $1,430. Additionally, the Grocery Cost Index in Groton is 105 versus the US average of 100. This means that groceries may be slightly more expensive than other parts of the US.
Major companies in Groton include Pfizer Pharmaceuticals and Electric Boat Corporation. According to GlassDoor, Pfizer has an average salary of $107k/year while Electric Boat's salary averages at $112k/year. Companies like Sonalysts Incorporated and Lawrence Electronics also offer jobs here with respective salaries of $88k/year and $84k/year on average.
Groton (zip 06340) has an unemployment rate of 9.2%. The US average is 6.0%.
Groton (zip 06340) has seen the job market decrease by -10.1% 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 Groton (zip 06340)
- The Sales Tax Rate for Groton (zip 06340) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Groton (zip 06340) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Groton (zip 06340)
- The average income of a Groton (zip 06340) resident is $38,004 a year. The US average is $37,638 a year.
- The Median household income of a Groton (zip 06340) resident is $69,736 a year. The US average is $69,021 a year.