Wardsboro, VT is a small town located in the southern part of the state with a population of 1,541 people according to the 2017 US Census Bureau report. The cost of living is substantially lower than other parts of the US, with 2 bedroom rentals averaging $1,160 compared to $1,430 nationally. Grocery costs are also cheaper in Wardsboro, as indicated by a Grocery Cost Index of 103 against 100 nationwide.
The town is home to various local businesses such as Wardsboro Country Store which has been around since 1892 and offers local provisions and products for purchase. There is also the Wardsboro Public Library which has been serving residents since 1871 and provides library patrons with access to books, magazines and digital media. Additionally, there are several local churches that have been operating for some time in Wardsboro such as St Peter’s Episcopal Church and The United Church Of Christ.
Wardsboro has an unemployment rate of 2.3%. The US average is 6.0%.
Wardsboro has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Wardsboro
- The Sales Tax Rate for Wardsboro is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wardsboro 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 Wardsboro
- The average income of a Wardsboro resident is $21,441 a year. The US average is $28,555 a year.
- The Median household income of a Wardsboro resident is $78,500 a year. The US average is $69,021 a year.