Sudbury, VT is a small town located near the border of Massachusetts and New Hampshire. It is known for its rural beauty and outdoor activities such as skiing, snowboarding, fishing, and camping. The cost of living in Sudbury is relatively affordable compared to other places in the US with an average 2 bedroom rent of $1120. This is significantly lower than the US average of $1430 for 2 bedroom apartments. Additionally, the Grocery Cost Index in Sudbury is 106 versus 100 in the US – showing that groceries here are slightly more expensive but still within a reasonable price range.
Some of the local companies in Sudbury include Maple Valley Ranch, A-1 Roofing & Restoration, Ledgeview Log Homes, and HealthQuest Medical Consultants. These businesses offer many services for locals and visitors alike including construction work, natural food products, custom log homes built to order, and medical advice/support.
Sudbury has an unemployment rate of 1.5%. The US average is 6.0%.
Sudbury 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 Sudbury
- The Sales Tax Rate for Sudbury is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sudbury 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 Sudbury
- The average income of a Sudbury resident is $33,356 a year. The US average is $28,555 a year.
- The Median household income of a Sudbury resident is $72,375 a year. The US average is $69,021 a year.