Castleton, Vermont is a small town located in Rutland County. It is surrounded by a beautiful landscape with rolling hills and valleys. The town is home to many local businesses including Castleton University, Castleton Town Hall, and local cafes and eateries. The cost of living in Castleton is slightly lower than the national average when it comes to housing costs. According to recent figures, the median 2 bedroom rental rate in Castleton is $1,060 per month while the US average is $1,430 per month. Grocery prices are also slightly lower in Castleton with an index score of 106 compared to the US average 100. Despite its low costs of living, Castleton has plenty of amenities and activities for its residents to enjoy.
Castleton has an unemployment rate of 3.2%. The US average is 6.0%.
Castleton has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Castleton
- The Sales Tax Rate for Castleton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Castleton 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 Castleton
- The average income of a Castleton resident is $22,820 a year. The US average is $28,555 a year.
- The Median household income of a Castleton resident is $43,257 a year. The US average is $69,021 a year.