Clarendon, VT Economy


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Clarendon, VT is a small picturesque town located in Rutland County. With an area of only 13.5 square miles, Clarendon is the perfect place to settle down if you’re looking for a quiet and safe community away from the hustle and bustle of city life. It offers much at a lower cost than many other places in the US; 2 bedroom rent is $1,080 compared to $1,430 nationally while grocery cost index stands at 106 in comparison to 100 across the country. The employment situation in Clarendon is also quite inviting with several local companies like Oak Hill Lumber Company, Threshold Performance Consulting Group and Witherell Tree Farm offering jobs to locals. Apart from that, there are plenty of attractions for visitors such as Green Mountain National Forest and Killington Ski Resort, where one can engage in a variety of outdoor activities throughout the year.

Clarendon has an unemployment rate of 3.6%. The US average is 6.0%.

Clarendon 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 Clarendon
- The Sales Tax Rate for Clarendon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clarendon 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 Clarendon
- The average income of a Clarendon resident is $26,258 a year. The US average is $28,555 a year.
- The Median household income of a Clarendon resident is $61,974 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClarendon, VermontUnited States
  3.66
  -8.0%-6.2%
  26.4%33.5%
  6.0%6.2%
  6.6%4.6%
  $33,302$37,638
  $61,974$69,021
  $76,500$85,028
  Population by Occupation
  0.5%1.2%
  1.9%0.5%
  10.4%6.8%
  9.2%10.0%
  0.0%2.5%
  15.6%11.0%
  5.7%4.8%
  1.8%0.8%
  4.0%1.9%
  0.8%4.7%
  3.5%1.9%
  2.6%7.6%
  0.0%0.1%
  3.2%4.2%
  7.5%9.3%
  16.1%14.0%
  2.8%2.1%
  9.3%7.0%
  3.6%4.8%
  1.5%4.7%
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