Ripton, VT Economy


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United States / Vermont / No Metro Area / Addison County / Ripton / Zip Codes
Ripton, VT is a small town located in Vermont. It is known for its scenic mountain views, friendly people, and its reasonable cost of living. On average, two bedroom rents come in at $1,190 per month compared to the US average of $1,430. Groceries are also relatively inexpensive with a grocery cost index of 108 versus 100 in the US.
The town is home to numerous local businesses including Romm's Bakery, a family-owned bakery that serves freshly-baked goods daily; Ripton Auto Repair, where you can get your car serviced or repaired and McHenry's Home and Garden Center which offers all the tools and supplies you need to make your home beautiful.
Overall Ripton is an amazing place to live. With its affordable prices and wonderful scenery it makes for the perfect place to settle down in. There are plenty of outdoor activities like hiking, skiing and snowboarding available nearby as well as numerous stores and restaurants for you to explore.

Ripton has an unemployment rate of 2.0%. The US average is 6.0%.

Ripton has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Ripton
- The Sales Tax Rate for Ripton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ripton 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 Ripton
- The average income of a Ripton resident is $28,752 a year. The US average is $28,555 a year.
- The Median household income of a Ripton resident is $88,393 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRipton, VermontUnited States
  26
  -5.8%-6.2%
  29.9%33.5%
  6.0%6.2%
  6.6%4.6%
  $63,139$37,638
  $88,393$69,021
  $96,250$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  18.4%6.8%
  3.0%10.0%
  0.0%2.5%
  7.2%11.0%
  2.3%4.8%
  0.0%0.8%
  2.3%1.9%
  0.0%4.7%
  4.9%1.9%
  0.0%7.6%
  0.0%0.1%
  5.6%4.2%
  17.7%9.3%
  14.1%14.0%
  2.3%2.1%
  6.2%7.0%
  10.2%4.8%
  4.9%4.7%
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