Plainfield, VT is a small town located in Central Vermont with an estimated population of 1,561. It has a thriving economy with local businesses such as Best of Both Worlds Real Estate, Plainfield Country Store & Deli, and SB Equine Services. Plainfield is a great place to call home because it offers affordable living compared to the US average. For example, the average rent for a two bedroom apartment in Plainfield is $1,270 per month versus $1,430 per month nationally. Additionally, the Grocery Cost Index in Plainfield is 107 compared to 100 in the US which means groceries are slightly more expensive than the national average but still very affordable.
Plainfield has an unemployment rate of 3.1%. The US average is 6.0%.
Plainfield 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 Plainfield
- The Sales Tax Rate for Plainfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Plainfield 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 Plainfield
- The average income of a Plainfield resident is $27,120 a year. The US average is $28,555 a year.
- The Median household income of a Plainfield resident is $47,500 a year. The US average is $69,021 a year.