Lyndon, VT is a small town located in Caledonia County that has a lot to offer. Not only does it have a lower 2 bedroom rent of $970 compared to the US average of $1,430, but it also has a Grocery Cost Index of 105 compared to the US index of 100. Local businesses include King Arthur Flour, The Catamount Arts Center, and Passumpsic Savings Bank. There are other smaller establishments such as restaurants like Phoenix Café and Times Have Changed Tavern. All these businesses provide Lyndon with job opportunities and resources for the local community.
Lyndon has an unemployment rate of 3.7%. The US average is 6.0%.
Lyndon has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Lyndon
- The Sales Tax Rate for Lyndon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lyndon 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 Lyndon
- The average income of a Lyndon resident is $18,892 a year. The US average is $28,555 a year.
- The Median household income of a Lyndon resident is $53,536 a year. The US average is $69,021 a year.