Hyde Park, VT Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Vermont / No Metro Area / Lamoille County / Hyde Park / Zip Codes
Hyde Park, VT is an idyllic small town located in the heart of the Green Mountains. It's a great place to live for those who seek a peaceful life outside of the hustle and bustle of the city. Home to some great local companies such as Hyde Park Lumber and Supplies, Hyde Park Hardware Store, and The North Branch Bakery, there's plenty to keep you busy. For outdoor enthusiasts, nearby attractions like Lake Elmore State park provide endless opportunities for hiking and swimming. With 2 bedroom rent in Hyde Park being only $1,170 compared to the US average of $1,430 and grocery costs at 107 compared to 100 in the US it's easy to see why many choose this beautiful area as their home.

Hyde Park has an unemployment rate of 4.6%. The US average is 6.0%.

Hyde Park has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Hyde Park
- The Sales Tax Rate for Hyde Park is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hyde Park 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 Hyde Park
- The average income of a Hyde Park resident is $24,175 a year. The US average is $28,555 a year.
- The Median household income of a Hyde Park resident is $69,323 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHyde Park, VermontUnited States
  4.66
  -9.6%-6.2%
  33.8%33.5%
  6.0%6.2%
  6.6%4.6%
  $45,801$37,638
  $69,323$69,021
  $76,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  14.9%6.8%
  6.8%10.0%
  0.4%2.5%
  15.1%11.0%
  2.5%4.8%
  0.5%0.8%
  1.5%1.9%
  2.9%4.7%
  1.2%1.9%
  2.7%7.6%
  0.0%0.1%
  1.1%4.2%
  13.4%9.3%
  15.7%14.0%
  6.3%2.1%
  2.4%7.0%
  10.0%4.8%
  2.5%4.7%
Health
Compare Hyde Park, VT
cost of living
Compare food, housing, utilities, and more in Hyde Park, Vermont to any other city in the US.