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What is the average salary in Waterford, CT?

The average salary in Waterford, CT is $57,025 per year.

Waterford, CT offers a range of salaries across different job sectors. The average yearly salary stands at $57,025. This indicates a solid earning potential for many professionals in the area. Industries with higher concentration of jobs tend to offer competitive wages, making Waterford an attractive location for those seeking steady income.

Here is a snapshot of salary distribution in Waterford, CT:

  • Healthcare: 42.19% of the workforce earns around $33,000 to $130,273.
  • Education: 17.16% of employees earn between $42,727 to $140,000.
  • Retail: 6.82% of workers earn about $52,455 to $120,545.
  • Manufacturing: 6.26% of workers earn between $62,182 to $110,818.
  • Construction: 4.71% of employees earn around $71,909 to $101,091.
  • Technology: 4.29% of professionals earn about $81,636 to $110,818.
  • Finance: 4.15% of workers earn between $91,364 to $101,091.
  • Hospitality: 4.22% of employees earn around $101,091 to $120,545.
  • Real Estate: 2.04% of workers earn between $110,818 to $130,273.
  • Arts and Entertainment: 1.34% of professionals earn about $120,545 to $140,000.
  • Other Services: 1.83% of workers earn around $130,273 to $140,000.
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What are the best paying jobs in Waterford, CT?

Waterford, CT, offers several opportunities for individuals looking to secure high-paying jobs. Among the top professions are Registered Nurses and Licensed Practical Nurses, both of which provide substantial salaries due to their critical roles in healthcare. Registered Nurses can expect to earn around $86,924 annually, while Licensed Practical Nurses enjoy an average salary of approximately $65,867 per year. These positions not only offer good financial rewards but also provide job stability and growth potential. For those in the sales and retail sectors, Waterford has good opportunities as well. Sales Associates typically earn around $46,099 per year, and Merchandisers can expect to make about $43,289 annually. These roles often include commissions and bonuses, which can increase overall earnings. Additionally, Cashiers in Waterford earn around $35,867 per year, providing a reliable income for those seeking stable employment. These positions are important for maintaining the retail and service industries, offering a balanced mix of financial reward and career satisfaction.
Graph displaying best paying job salaries in Waterford, CT, highlighting Registered Nurse with the highest at $86,924 and Cashier with the lowest at $35,867.
  1. Registered Nurse
    Average Salary: $86,924
    Registered Nurses (RNs) provide patient care and support. They work in hospitals, clinics, and home health settings. These professionals ensure patients recover and manage their health conditions.
    Find Registered Nurse jobs in Waterford, CT


  2. Licensed Practical Nurse
    Average Salary: $65,867
    Licensed Practical Nurses (LPNs) offer basic patient care. They work in nursing homes, hospitals, and home care. LPNs monitor patient health and assist doctors and RNs. This role is essential for patient well-being.
    Find Licensed Practical Nurse jobs in Waterford, CT


  3. Sales Associate
    Average Salary: $46,099
    Sales Associates engage customers and boost sales. They work in retail stores and help customers find products. Associates provide excellent service and ensure a positive shopping experience. Companies like local boutiques value their skills.
    Find Sales Associate jobs in Waterford, CT


  4. Merchandiser
    Average Salary: $43,289
    Merchandisers arrange products in stores to attract customers. They work for retail companies and ensure shelves look appealing. These professionals keep inventory levels stocked and assist with product displays. They play a key role in retail success.
    Find Merchandiser jobs in Waterford, CT


  5. Cashier
    Average Salary: $35,867
    Cashiers manage transactions in stores. They work at grocery stores, retail shops, and supermarkets. Cashiers handle payments and provide customer service. This role ensures smooth checkout experiences for shoppers.
    Find Cashier jobs in Waterford, CT

What are the best paying jobs in Waterford, CT without a degree?

Waterford, CT offers several high-paying job opportunities that do not require a college degree. Kitchen team members earn an average salary of around $38,828 annually, making it one of the top choices. Servers also enjoy a competitive salary of about $34,665 per year, providing a stable and rewarding career path. These roles offer excellent income potential for those seeking well-paying jobs in the area.
Graph displaying best paying job salaries in Waterford, CT without a degree, highlighting Kitchen Team Member with the highest at $38,828 and Server with the lowest at $34,665.
  1. Kitchen Team Member
    Average Salary: $38,828
    In Waterford, you can find kitchen team member jobs at local restaurants and cafes. These roles involve preparing ingredients and cooking meals. You may work in fast-paced environments, ensuring food is prepared safely and quickly. Companies like family-owned diners and popular chains offer these positions.
    Find Kitchen Team Member jobs in Waterford, CT


  2. Server
    Average Salary: $34,665
    Serving roles are essential in Waterford’s dining scene. Servers take orders, serve food, and handle payments. This job requires good customer service skills and the ability to work well in a team. Many restaurants, from casual eateries to upscale dining, seek servers who can provide excellent service.
    Find Server jobs in Waterford, CT

Which companies offer the top salaries in Waterford, CT?

Job seekers in Waterford, CT, have several great employment options. Companies such as Sonalysts, Inc. and Lotus Therapy offer the highest salaries in the area. Sonalysts, Inc. pays an average of $112,814, while Lotus Therapy provides an average salary of $86,053. These figures show the potential for good compensation in Waterford. In Waterford, educational and public services also provide solid salaries. Waterford Public Schools and the Town of Waterford both offer competitive pay. Employees at Waterford Public Schools can expect an average salary of $65,502, while those with the Town of Waterford can earn about $61,265. These positions offer stability and good earnings for those interested in public service roles.
Graph displaying company salaries in Waterford, CT, highlighting Sonalysts, Inc. with the highest at $112,814 and BJ's Wholesale Club with the lowest at $38,681.
  1. Sonalysts, Inc.
    Average Salary: $112,814
    Sonalysts, Inc. offers a range of services in cyber security and analytics. They pride themselves on innovation and growth, providing competitive salaries and benefits to their employees.


  2. Lotus Therapy
    Average Salary: $86,053
    Lotus Therapy provides mental health services. They value their team and offer a supportive work environment. Salaries reflect the importance they place on their staff.


  3. WATERFORD PUBLIC SCHOOLS
    Average Salary: $65,502
    WATERFORD PUBLIC SCHOOLS is a leading educational institution. They offer a range of salaries based on experience and position, promoting a nurturing environment for both students and staff.


  4. TOWN OF WATERFORD
    Average Salary: $61,265
    The TOWN OF WATERFORD provides essential public services. They offer stable employment with good compensation and benefits, making it an attractive option for many job seekers.


  5. Atria Senior Living
    Average Salary: $41,689
    Atria Senior Living offers residential care for seniors. They focus on creating a caring environment, with salaries that reflect the importance of their services.


  6. BJ's Wholesale Club
    Average Salary: $38,681
    BJ's Wholesale Club is known for its retail services. They provide a range of benefits and salaries that reflect their commitment to their team members.

How does the cost of living in Waterford, CT compare to the national average?

Waterford, CT, exhibits a cost of living index that surpasses the nationwide average in several key areas. Housing costs in Waterford are 10% higher than the national average, standing at 110. Similarly, healthcare expenses are 10% above the national benchmark. Despite these increases, groceries and utilities remain fairly close to the national average, with indices at 105 and 95, respectively. The overall cost of living in Waterford, thus, reflects a nuanced balance, where specific categories like housing and healthcare lean slightly higher, while others remain comparable to the national standard.
Cost of living comparison graph for Waterford, CT vs. Nationwide: housing 10% higher, groceries 5% higher, utilities 5% lower, transportation 0% lower, healthcare 10% higher, miscellaneous 2% higher.

Waterford, Connecticut, has a higher cost of living than the nationwide average. The housing index is 110, meaning housing costs about 10% more than average. People living in Waterford need to budget more for their homes compared to the rest of the country. The grocery index is 105, which represents a 5% increase over the national average. Shopping for food here is slightly more expensive.


Utilities in Waterford cost less than the national average, with an index of 95. This means utility bills are about 5% lower. People here save a bit on their bills for electricity, gas, and water. The transportation index is at 100, equal to the national average. This means costs for getting around in Waterford are the same as elsewhere in the country. The healthcare index is 110, indicating healthcare costs are about 10% higher than the average. This includes spending more on doctor visits, prescriptions, and health insurance. Miscellaneous costs are also slightly higher, at 102, which is about a 2% increase. These small differences add up, making the overall cost of living in Waterford, CT, a bit higher than average.

There are 186 job openings in Waterford, CT, today!

Take a deeper dive into the job market in Waterford, CT

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City
Overview
Waterford, CT
186 Job Openings