Danby, VT is a small town located in Rutland County. It is known for its rich history and outdoor activities. The median rent for a two bedroom apartment in Danby is $1,090 which is much lower than the US average of $1,430. Similarly, grocery costs are also about 6% lower than the US average. This makes it an attractive place to live for those looking for an affordable cost of living while still having access to local amenities.
The town of Danby has several businesses that offer goods and services. These include the Danby Country Store, Northwood Dairy Farms Inc., Stewart's Shops, and Long Trail Brewery. All of these businesses contribute to the vibrant community and make it a great place to visit or call home.
Danby has an unemployment rate of 4.3%. The US average is 6.0%.
Danby 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 Danby
- The Sales Tax Rate for Danby is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Danby 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 Danby
- The average income of a Danby resident is $28,197 a year. The US average is $28,555 a year.
- The Median household income of a Danby resident is $60,739 a year. The US average is $69,021 a year.