Troy, VT is a great place to call home. It offers much lower rental prices than many other parts of the U.S., with two bedroom rentals averaging just $980. Local grocery costs are also quite low, with a cost index at 105 versus the national average of 100. The area is known for its natural beauty and outdoor activities, such as skiing at nearby Sugarbush Resort, hiking along the Appalachian Trail, and fishing on Lake Vanare. Troy is home to several local businesses as well, such as Ski-Rack Sports and Barstow's Dairy Store and Bakery. There are many attractions in the area that draw visitors from all over the region, including Bennington Battle Monument and Vermont Institute of Natural Science.
Troy has an unemployment rate of 5.6%. The US average is 6.0%.
Troy has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Troy
- The Sales Tax Rate for Troy is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Troy 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 Troy
- The average income of a Troy resident is $22,072 a year. The US average is $28,555 a year.
- The Median household income of a Troy resident is $78,490 a year. The US average is $69,021 a year.