Fayston, VT is a small town located in the Mad River Valley in Central Vermont. It has a population of around 700 people and is known for its quiet atmosphere and beautiful scenery. This makes it an ideal location for those who are looking for a peaceful place to live. In terms of renting, the 2 bedroom rent in Fayston is slightly higher than the national average at $1,480 compared to $1,430 in the US. Additionally, local grocery costs are higher than average with an index of 111 compared to 100 in the US. When it comes to local businesses, some popular places include Lareau Farm Inn & Restaurant, The Mad Taco Restaurant & Bar, and Sugarbush Resort Ski Area. All of these establishments make Fayston an attractive location for those wanting to live close to nature while still having access to amenities like restaurants and sports facilities.
Fayston has an unemployment rate of 3.8%. The US average is 6.0%.
Fayston 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 Fayston
- The Sales Tax Rate for Fayston is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fayston 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 Fayston
- The average income of a Fayston resident is $41,317 a year. The US average is $28,555 a year.
- The Median household income of a Fayston resident is $109,432 a year. The US average is $69,021 a year.