Old Bennington, VT is a small town located in the southwestern part of the state. It offers a charming atmosphere with historic buildings, delicious local restaurants, independent shops and galleries, and beautiful rolling hills. The cost of living is relatively low compared to other places in Vermont. The average two-bedroom rent is $1,120 which is significantly lower than the national average of $1,430. Additionally, grocery costs are also lower with an index of 99 versus 100 in the US. Many companies call Old Bennington home such as Sweet Pea Café & Bakery, Oak Meadow Farm Store & Deli, and Fiddlehead Brewery. There are many great outdoor activities available including hiking trails at Pine Cobble or skiing at Prospect Mountain. Whether you’re looking for a relaxing getaway or an exciting adventure, Old Bennington has something for everyone!
Old Bennington has an unemployment rate of 4.0%. The US average is 6.0%.
Old Bennington has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.
Tax Rates for Old Bennington
- The Sales Tax Rate for Old Bennington is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Old Bennington 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 Old Bennington
- The average income of a Old Bennington resident is $41,959 a year. The US average is $28,555 a year.
- The Median household income of a Old Bennington resident is $156,250 a year. The US average is $69,021 a year.