Shaftsbury, VT Economy


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Shaftsbury, VT is a small town located in the beautiful state of Vermont. Despite its size, Shaftsbury offers numerous attractions and businesses that provide excellent services to both residents and visitors alike. Popular attractions include the Bennington Battle Monument, Merck Forest and Farmland Center, Mount Equinox Skyline Drive, and Prospect Rock. Companies such as Jandali Sand & Gravel Co Inc., D.J. Martin Excavating LLC, Shaftsbury Fuel Oil Company Inc., and Willey Electric are all well-known business located in the area. 2 bedroom rent in Shaftsbury is lower than the US average at $1,140 compared to $1,430 which also makes it an attractive place to live or visit. Further more grocery costs are said to be slightly lower in comparison with the US with a cost index of 102 versus 100 in the US making it a great destination for those seeking affordable accommodations without sacrificing quality experiences.

Shaftsbury has an unemployment rate of 2.8%. The US average is 6.0%.

Shaftsbury 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 Shaftsbury
- The Sales Tax Rate for Shaftsbury is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shaftsbury 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 Shaftsbury
- The average income of a Shaftsbury resident is $34,556 a year. The US average is $28,555 a year.
- The Median household income of a Shaftsbury resident is $91,198 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShaftsbury, VermontUnited States
  2.86
  -8.8%-6.2%
  26.1%33.5%
  6.0%6.2%
  6.6%4.6%
  $40,827$37,638
  $91,198$69,021
  $99,015$85,028
  Population by Occupation
  3.3%1.2%
  0.0%0.5%
  4.4%6.8%
  15.8%10.0%
  1.8%2.5%
  15.6%11.0%
  0.0%4.8%
  0.0%0.8%
  3.3%1.9%
  2.8%4.7%
  0.9%1.9%
  5.1%7.6%
  0.0%0.1%
  4.6%4.2%
  8.9%9.3%
  19.5%14.0%
  4.7%2.1%
  8.6%7.0%
  0.0%4.8%
  0.8%4.7%
Reviews for Shaftsbury
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Over 15 years ago

I lived in Shaftsbury from late summer of 1994 'til July of 2002. We took our two children who were then almost 6 and 3 out of a very high crime city where we didn't  More

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