Corinth, VT is a small town located in the northeast region of the United States. It is known for its picturesque scenery and outdoor activities that attract visitors from around the country. The cost of living in Corinth is relatively low compared to the rest of the country. Rent for a two-bedroom apartment is only $1,110 compared to an average of $1430 throughout the US. Additionally, grocery costs measure at 105 index versus 100 in the US.
Businesses in Corinth cater to tourism as well as local needs. Notable companies include a local farm market, Lazy Acres Farm Market, and a historic inn called The Whitney House Inn which dates back to 1827. For those who enjoy outdoor activities, there are many places to explore such as Mt Tom State Park and Lake Fairlee Recreational Area. Each June, locals gather for an annual fishing derby at Lake Fairlee Recreational Area where fishermen compete for prizes while enjoying all that nature has to offer.
Corinth has an unemployment rate of 2.7%. The US average is 6.0%.
Corinth has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Corinth
- The Sales Tax Rate for Corinth is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Corinth 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 Corinth
- The average income of a Corinth resident is $30,400 a year. The US average is $28,555 a year.
- The Median household income of a Corinth resident is $67,434 a year. The US average is $69,021 a year.