Charlotte, VT Economy


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Charlotte, VT is an ideal place to live with a wide range of amenities and attractions. The average rent for a two-bedroom apartment in Charlotte is $2,080, which is significantly higher than the national average of $1,430. Additionally, the grocery cost index in Charlotte is 117 compared to 100 in the US. Local companies such as Maple Leaf Farm provide quality meats and dairy products while other businesses such as Charlotte Hardware offer hardware supplies and outdoor furniture. There are also a variety of restaurants in town that serve up delicious local fare from places like Farmhouse Tap & Grill or Kismet.

Charlotte has an unemployment rate of 2.4%. The US average is 6.0%.

Charlotte 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 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Charlotte
- The Sales Tax Rate for Charlotte is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Charlotte 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 Charlotte
- The average income of a Charlotte resident is $66,005 a year. The US average is $28,555 a year.
- The Median household income of a Charlotte resident is $111,535 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlotte, VermontUnited States
  2.46
  -6.9%-6.2%
  30.7%33.5%
  6.0%6.2%
  6.6%4.6%
  $60,302$37,638
  $111,535$69,021
  $133,026$85,028
  Population by Occupation
  5.5%1.2%
  0.0%0.5%
  14.9%6.8%
  9.9%10.0%
  2.6%2.5%
  9.8%11.0%
  1.7%4.8%
  0.0%0.8%
  2.4%1.9%
  3.5%4.7%
  0.8%1.9%
  11.0%7.6%
  0.0%0.1%
  1.4%4.2%
  10.4%9.3%
  14.5%14.0%
  0.2%2.1%
  2.2%7.0%
  4.6%4.8%
  4.7%4.7%
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