North Troy, VT is a small community located in the Green Mountain State. It is known for its quaint atmosphere and natural beauty. The 2 bedroom rent in North Troy is $980, much lower than the US average of $1,430. This makes it an affordable place to live for families and those who wish to escape the hustle and bustle of city life. \nNorth Troy is home to a few local companies such as D&L Enterprises, Radio Shack Electronics, and Rivendell Books & Arts. There are also many local restaurants serving delicious food from around the world ranging from Mexican to Italian cuisine. The Grocery Cost Index in North Troy is 105 versus 100 in the US, making groceries more expensive than national averages but still within reasonable range. All in all, North Troy is an ideal location for anyone looking for low-cost living combined with ample job opportunities and great amenities.
North Troy has an unemployment rate of 4.5%. The US average is 6.0%.
North Troy has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for North Troy
- The Sales Tax Rate for North Troy is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North Troy 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 North Troy
- The average income of a North Troy resident is $18,815 a year. The US average is $28,555 a year.
- The Median household income of a North Troy resident is $55,486 a year. The US average is $69,021 a year.