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Located on five miles of shoreline, Fairfield is home to two universities (Sacred Heart and Fairfield University), as well as many marinas and parks. Though General Electric's headquarters are here, most residents work an hour away in New York City, making Fairfield's metro station the second-biggest commuter stop on the line. Families love the highly rated school system, but access comes at a cost: The median home price is almost $620,000. --D.M.
Due to an error by our data provider, an earlier version listed incorrect stats for this city's number of colleges.
(I) Income tax notes:
For joint returns, taxes are twice the tax on half the couple’s income. Connecticut’s personal exemption incorporates a standard deduction. An additional tax credit is allowed ranging from 75% to 0% based on state adjusted gross income. Exemption amounts are phased out for higher income taxpayers until they are eliminated for households earning over $71,000.
Using statistics from data services company Onboard Informatics, we crunched the numbers in order to zero in on America's best small cities for families. (Last year, we looked at small towns, with populations between 8,500 and 50,000.)
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