Lunenburg, VT Economy


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Lunenburg, VT is a small rural town located in the heart of Vermont. It is known for its picturesque scenery and inviting atmosphere. The cost of living in Lunenburg, VT is relatively affordable with 2 bedroom rent averaging at $860 compared to the US average of $1,430. The Grocery Cost Index in Lunenburg is 103, which is higher than the national index of 100. Popular businesses located in Lunenburg include Central Vermont Community Action Council (CVCAC) which provides social services such as food pantry outreach and emergency shelters; Millstone Hill Inn, a popular restaurant known for their homemade pizzas and burgers; and South Bay Farmstand & Nursery, an agricultural center that offers locally grown fruits and vegetables as well as nursery facilities. For those looking for a more urban setting, nearby Burlington has plenty of cultural attractions and diverse industries to explore.

Lunenburg has an unemployment rate of 5.9%. The US average is 6.0%.

Lunenburg 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 Lunenburg
- The Sales Tax Rate for Lunenburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lunenburg 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 Lunenburg
- The average income of a Lunenburg resident is $18,287 a year. The US average is $28,555 a year.
- The Median household income of a Lunenburg resident is $45,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLunenburg, VermontUnited States
  5.96
  -8.2%-6.2%
  21.1%33.5%
  6.0%6.2%
  6.6%4.6%
  $21,971$37,638
  $45,792$69,021
  $48,750$85,028
  Population by Occupation
  5.5%1.2%
  0.0%0.5%
  8.8%6.8%
  13.4%10.0%
  4.8%2.5%
  13.8%11.0%
  2.1%4.8%
  0.0%0.8%
  0.6%1.9%
  5.0%4.7%
  1.3%1.9%
  1.7%7.6%
  0.0%0.1%
  4.2%4.2%
  4.6%9.3%
  13.4%14.0%
  0.6%2.1%
  5.0%7.0%
  7.1%4.8%
  8.0%4.7%
Reviews for Lunenburg
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Over 15 years ago

small unfriendly town which doesn't take kindly to  More

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