Bakersfield, VT is a small town located in the state of Vermont. It has an estimated population of around 2,000 people and is known for its quaint charm and friendly atmosphere. The cost of living in Bakersfield is relatively low with two bedroom rent averaging $1,350 compared to the US average of $1,430. Additionally, the grocery cost index in Bakersfield is 107 compared to the US average of 100.
The area offers many recreational activities including hiking trails and skiing opportunities at nearby resorts such as Stratton Mountain and Mount Snow. There are also numerous local businesses including Margie’s Restaurant for home-style cooking, the Bakersfield General Store for groceries and other necessities, Marlowe's Bar & Grill for drinks and entertainment, and more. With so much to offer, it's no wonder that Bakersfield is becoming increasingly popular with tourists and locals alike!
Bakersfield has an unemployment rate of 3.4%. The US average is 6.0%.
Bakersfield has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Bakersfield
- The Sales Tax Rate for Bakersfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bakersfield 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 Bakersfield
- The average income of a Bakersfield resident is $22,609 a year. The US average is $28,555 a year.
- The Median household income of a Bakersfield resident is $80,223 a year. The US average is $69,021 a year.