Westmore, VT is a small town located in Caledonia County with a population of around 500 people. The cost of living in Westmore is lower than average due to its affordable housing, with average two bedroom rent being $940 compared to the US average of $1,430. The grocery cost index in Westmore is also lower than the national average at 104 versus 100 in the US. Aspiring businesses are attracted to Westmore for its low cost of living and small-town charm. Notable local companies include the Green Mountain Market, Maple Hill Farm and Harvest Moon Gallery & Gifts.
Westmore has an unemployment rate of 4.0%. The US average is 6.0%.
Westmore 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 Westmore
- The Sales Tax Rate for Westmore is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Westmore 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 Westmore
- The average income of a Westmore resident is $31,952 a year. The US average is $28,555 a year.
- The Median household income of a Westmore resident is $70,333 a year. The US average is $69,021 a year.