Lemington, VT is a small town with a population of approximately 3,000 people. With its charming atmosphere and friendly people, it is no surprise that many choose to make Lemington their home. The average rent for a 2 bedroom apartment in Lemington is $850, which is much lower than the US average of $1,430. Additionally, the grocery cost index in Lemington is 104 versus 100 in the US showing that food costs are slightly higher but still affordable. There are several local businesses in Lemington including J & M Paint Supply Co., Jerry's Hardware Store, and A+ Auto Repair Depot. The cost of living in Lemington is more affordable when compared to other cities and towns across the country making it an attractive destination for those looking for an affordable place to live.
Lemington has an unemployment rate of 0.0%. The US average is 6.0%.
Lemington has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Lemington
- The Sales Tax Rate for Lemington is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lemington 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 Lemington
- The average income of a Lemington resident is $23,751 a year. The US average is $28,555 a year.
- The Median household income of a Lemington resident is $62,708 a year. The US average is $69,021 a year.