Derby, VT is a quaint town with small-town charm and lots of natural beauty. Local companies include the Derby Line Village Store for groceries, Fat Moose Farm for fresh produce, North Country Motorsports for recreational vehicles, and the Little League Baseball Field. The average two bedroom rent in Derby is $950 per month compared to the national average of $1,430. Additionally, Derby has a higher Grocery Cost Index than the US as a whole at 105 versus 100. All this makes living in Derby an affordable option for those looking to stay close to the great outdoors.
Derby has an unemployment rate of 4.4%. The US average is 6.0%.
Derby has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Derby
- The Sales Tax Rate for Derby is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Derby 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 Derby
- The average income of a Derby resident is $27,535 a year. The US average is $28,555 a year.
- The Median household income of a Derby resident is $64,096 a year. The US average is $69,021 a year.