Middlebury, VT is a vibrant town that offers a range of services and amenities for residents. With a 2 bedroom rent of $1,220, it is slightly cheaper than the US average of $1,430. The grocery cost index in Middlebury is 109 versus the US average of 100, making groceries more affordable here. The city hosts a number of businesses, including local restaurants like Hen of the Wood and 3 Squares Café; retail stores like Middlebury Consignment Clothing Company; recreation spots such as Rikert Nordic Center and Snow Bowl Resort; and leisure activities at places like Otter Creek Brewing Co. With its thriving economy and quality of life, Middlebury has something to offer everyone.
Middlebury has an unemployment rate of 2.6%. The US average is 6.0%.
Middlebury has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Middlebury
- The Sales Tax Rate for Middlebury is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Middlebury 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 Middlebury
- The average income of a Middlebury resident is $27,361 a year. The US average is $28,555 a year.
- The Median household income of a Middlebury resident is $68,239 a year. The US average is $69,021 a year.