Marshfield, VT is an ideal destination for anyone looking for a small-town atmosphere with big city amenities. Located on the west side of the state, it has the convenience of being close to larger cities while maintaining its rural charm. The average two bedroom rent in Marshfield is $1,260 which is below the US average of $1,430. Groceries are slightly more expensive however as the cost index in Marshfield is 106 compared to 100 across the country. There are many local companies and industries in the area that make up a big part of the local economy such as Eureka Pizza, C & L Farm Supply, Vermont Timber Works and Maple Hill Farm Creamery.
Marshfield has an unemployment rate of 3.2%. The US average is 6.0%.
Marshfield 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 Marshfield
- The Sales Tax Rate for Marshfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Marshfield 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 Marshfield
- The average income of a Marshfield resident is $22,574 a year. The US average is $28,555 a year.
- The Median household income of a Marshfield resident is $62,131 a year. The US average is $69,021 a year.