Grand Isle, VT is a small town located on an island in the northwestern part of the state. It is known for its breathtaking views of Lake Champlain and its peaceful atmosphere. Grand Isle offers a variety of services from local businesses such as Grand Isle Electric, the Lake Champlain Transportation Company, and Grand Isle County Economic Development. The rent for a two-bedroom apartment here is quite reasonable at $1,390 per month compared to the US average of $1,430 per month. Additionally, there is an index measuring grocery cost that shows it to be higher than that of other parts of the country--110 compared to 100 in the US in general. Overall, Grand Isle provides a charming and tranquil lifestyle to residents looking for an escape from city life.
Grand Isle has an unemployment rate of 3.6%. The US average is 6.0%.
Grand Isle 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 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Grand Isle
- The Sales Tax Rate for Grand Isle is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Isle 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 Grand Isle
- The average income of a Grand Isle resident is $36,310 a year. The US average is $28,555 a year.
- The Median household income of a Grand Isle resident is $97,361 a year. The US average is $69,021 a year.