Waterville, VT is an ideal small town for those who are looking for an affordable place to live. The two bedroom rent in Waterville is approximately $270 cheaper than the US average, making it an attractive option for those looking to save money. Additionally, the grocery cost index in Waterville is higher than the national average at 106 versus the 100 mark set by the US.
Waterville is a great community with many local companies and attractions. For example, there are several restaurants such as Stowe’s Best Pizza and The Warfside Bar & Restaurant that serve delicious food. Additionally, some of the popular attractions include Lake Iroquois Beach, where visitors can enjoy swimming and boating activities or take a walk along the picturesque walking trails of Pierce Park. Furthermore, Waterville also hosts many cultural events throughout the year including its annual Summer Faire which celebrates local farmers and artisans. With all these amenities and activities available Waterville is an excellent place to live or visit.
Waterville has an unemployment rate of 4.1%. The US average is 6.0%.
Waterville has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Waterville
- The Sales Tax Rate for Waterville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Waterville 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 Waterville
- The average income of a Waterville resident is $24,334 a year. The US average is $28,555 a year.
- The Median household income of a Waterville resident is $61,250 a year. The US average is $69,021 a year.