Thetford, VT is a small town near the Connecticut River. It has a population of around 1,800 people and offers many quaint shops and restaurants for residents to enjoy. The cost of living is lower than the national average with two bedroom rentals averaging $1,140 - $1,430 lower than the US average. Grocery costs are also competitive with an index of 108 compared to 100 across the US. Local businesses include Fiddlehead Farms, Vivaldi's Pizza and Thetford Hill Country Store. With its close proximity to nature trails, rivers and creeks, it’s no surprise that Thetford also offers many outdoor recreational activities such as fishing, kayaking and hiking. For those looking for a quiet community with access to local amenities, Thetford could be a great fit.
Thetford has an unemployment rate of 2.0%. The US average is 6.0%.
Thetford 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 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Thetford
- The Sales Tax Rate for Thetford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Thetford 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 Thetford
- The average income of a Thetford resident is $36,925 a year. The US average is $28,555 a year.
- The Median household income of a Thetford resident is $81,750 a year. The US average is $69,021 a year.