East Montpelier, VT Economy


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East Montpelier, VT is an idyllic and picturesque small town located in the Green Mountain State. With its lush forests and rolling hills, East Montpelier offers a great escape from the hustle and bustle of city life. Rent for a two-bedroom apartment in East Montpelier is $1,240 while the US 2 Bedroom Rent is $1,430. The cost of groceries is also lower in East Montpelier with a Grocery Cost Index of 110 versus 100 in the US.
Families who choose to make East Montpelier their home will find plenty here to explore and experience. Local companies including Green Mountain Sugar House offer delicious maple syrup made right in town while Cold Hollow Cider Mill has been pressing delicious cider since 1974. Popular attractions include Cabot Creamery Visitor Center, Dog Mountain and Morse Farm Maple Sugarworks which allows visitors to learn about the traditional craft of sugaring during their annual Maple Open House.

East Montpelier has an unemployment rate of 2.0%. The US average is 6.0%.

East Montpelier has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.

Tax Rates for East Montpelier
- The Sales Tax Rate for East Montpelier is 6.0%. The US average is 7.3%.
- The Income Tax Rate for East Montpelier 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 East Montpelier
- The average income of a East Montpelier resident is $34,715 a year. The US average is $28,555 a year.
- The Median household income of a East Montpelier resident is $70,119 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Montpelier, VermontUnited States
  26
  -6.5%-6.2%
  31.5%33.5%
  6.0%6.2%
  6.6%4.6%
  $39,293$37,638
  $70,119$69,021
  $103,359$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  6.0%6.8%
  6.1%10.0%
  1.0%2.5%
  18.9%11.0%
  3.7%4.8%
  0.8%0.8%
  1.0%1.9%
  6.2%4.7%
  0.0%1.9%
  4.7%7.6%
  0.0%0.1%
  1.5%4.2%
  13.8%9.3%
  15.6%14.0%
  0.2%2.1%
  2.9%7.0%
  6.4%4.8%
  10.3%4.7%
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