Waitsfield, VT is a small village in the beautiful Green Mountains of Vermont. It has a population of 1,874 people according to the 2020 US Census. It is known for its great skiing, biking and hiking trails along with its close proximity to Sugarbush and Mad River Glen ski resorts. The cost of living in Waitsfield is slightly higher than the national average as rent for a two-bedroom apartment comes to around $1,470 whereas the national average is $1,430. Grocery Cost Index also has Waitsfield at 112 compared to 100 nationally. There are many local businesses such as The Bridge Restaurant & Pub, Worthy Kitchen and von Trapp Farmstead Cheese that make up the local culture. All in all Waitsfield provides an excellent quality of life for those looking for an escape from busy city life while still being connected to civilization.
Waitsfield has an unemployment rate of 1.8%. The US average is 6.0%.
Waitsfield has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Waitsfield
- The Sales Tax Rate for Waitsfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Waitsfield 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 Waitsfield
- The average income of a Waitsfield resident is $39,611 a year. The US average is $28,555 a year.
- The Median household income of a Waitsfield resident is $72,692 a year. The US average is $69,021 a year.