The typical Connecticuter is taxed at a rate of 1.63% for property, a maximum of 6.99% for income and 6.35% for sales. Compared to the national averages Connecticut earns a score of poor 👎 for property taxes, poor 👎 for income taxes and average for combined local and state sales tax. Quick links to regions of Connecticut with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of Connecticut
Connecticut has approximately 3,587,685 residents. A common term for people in Connecticut is "Nutmegger". Within this population there are around 35,183 births and 30,245 deaths per year. Approximately 74.1% of this population speaks English exclusively. Conversely, 0.7% of this population has no verbal English skill. On average, real estate listings in Connecticut are on the market for 93 days. The Market Health Index for Connecticut is 0.20. Fairfield is the wealthiest of all counties in Connecticut. The least wealthy of all counties in Connecticut is Windham.
Daily state facts: Connecticut was ranked in the bottom five for state-wide fiscal solvency by George Mason's Mercatus Center. This ranking is based on measures of cash, budget, long-term and trust fund solvency.
According to the Bureau of Labor Statistics, Connecticut employment in May 2022 was 1,895,140, unemployment was 78,732 or 4.2% of total jobs.