Proctor, VT is a small town located in the Green Mountains of northern Vermont. It has a population of just over 1,000 people and offers a quiet and tranquil lifestyle. The town is home to several local companies such as Lamoille Valley Ford, Proctor Free Library, and Proctor Farmers Market which provide employment opportunities for local residents. The cost of living in the area is affordable with two bedroom rent averaging $1,090 compared to the US average of $1,430. The Grocery Cost Index in Proctor is also higher than the national average at 105 versus 100 in the US making it an attractive option for those looking to save money on everyday expenses. All these factors make Proctor an attractive location for those seeking a peaceful rural living experience with access to city amenities and great outdoor activities like hiking and skiing nearby.
Proctor has an unemployment rate of 3.7%. The US average is 6.0%.
Proctor has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Proctor
- The Sales Tax Rate for Proctor is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Proctor 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 Proctor
- The average income of a Proctor resident is $28,021 a year. The US average is $28,555 a year.
- The Median household income of a Proctor resident is $66,635 a year. The US average is $69,021 a year.