Waterbury, VT is a beautiful town located in the Northern parts of Vermont. It has a small population, and is well known for its’ winter activities such as skiing and snowboarding. The two bedroom rent in Waterbury is slightly more affordable than the US average. With a Grocery Cost Index of 110 compared to 100 in the US, living costs are slightly higher. For those looking to work in Waterbury, there are many local companies such as Green Mountain Coffee Roasters and Ben & Jerry’s Ice Cream makers that offer employment opportunities. One interesting fact about Waterbury is that it was originally home to the Abenaki tribe before European settlers arrived.
Waterbury has an unemployment rate of 3.1%. The US average is 6.0%.
Waterbury 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 Waterbury
- The Sales Tax Rate for Waterbury is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Waterbury 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 Waterbury
- The average income of a Waterbury resident is $34,298 a year. The US average is $28,555 a year.
- The Median household income of a Waterbury resident is $92,231 a year. The US average is $69,021 a year.