Reading, VT is an idyllic town nestled in the hills near the Green Mountain National Forest. It's a rural community of about 900 people with the main employer being a local dairy farm. Residents enjoy easy access to outdoor activities such as hiking, fishing, and camping in nearby national parks. The cost of living is low with two bedroom rent costing $1,130 compared to the US average of $1,430. Additionally, grocery costs index in Reading are 109 versus 100 in the US. For those looking for an escape from city life there are plenty of local attractions including the Reading Rocks Climbing Gym and Shaw Pond for swimming and picnicking. Local businesses include Lakeland Bank for financial services and Guralnick Brothers Farm to pick up freshly harvested produce and meats.
Reading has an unemployment rate of 3.3%. The US average is 6.0%.
Reading has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Reading
- The Sales Tax Rate for Reading is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Reading 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 Reading
- The average income of a Reading resident is $28,571 a year. The US average is $28,555 a year.
- The Median household income of a Reading resident is $66,500 a year. The US average is $69,021 a year.