Essex, VT is a small town in Vermont located close to Burlington. It is known for its great community, outdoor activities, and local businesses. The cost of rent for a two-bedroom home in Essex is slightly higher than the national average at $1,680 compared to $1,430 in the US. Grocery costs in Essex are also higher than average with an index of 110 versus 100 nationally.
Essex is home to several local companies and services including Driscoll Landscaping & Garden Center, Redstone American Grill & Bar, the Essex Cinemas, and Strafford Plumbing & Heating. With over 200 acres of park land and trails running through the area, there are plenty of recreational opportunities for families and individuals alike. Additionally, Essex has several local schools such as Union Memorial School and Essex High School that offer quality education for students from kindergarten through twelfth grade.
Essex has an unemployment rate of 2.4%. The US average is 6.0%.
Essex has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Essex
- The Sales Tax Rate for Essex is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Essex is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Essex
- The average income of a Essex resident is $34,851 a year. The US average is $28,555 a year.
- The Median household income of a Essex resident is $88,136 a year. The US average is $69,021 a year.