Wilmington, VT is an idyllic town located in the heart of Vermont. It is a charming destination with plenty of outdoor activities such as hiking, skiing, camping, fishing, and more. Wilmington has a thriving business community with local companies like Long Trail Brewing Company, King Arthur Flour, and Cabot Creamery. The 2 bedroom rent in Wilmington is $1,130 which is slightly lower than the US average at $1,430 per month. Grocery costs are also lower than the national average as measured by a cost index of 105 compared to 100 for the US. In summary, Wilmington offers an appealing combination of outdoor activities and a more affordable cost of living compared to other areas.
Wilmington has an unemployment rate of 3.9%. The US average is 6.0%.
Wilmington has seen the job market decrease by -8.4% 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 Wilmington
- The Sales Tax Rate for Wilmington is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmington 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 Wilmington
- The average income of a Wilmington resident is $37,008 a year. The US average is $37,638 a year.
- The Median household income of a Wilmington resident is $59,821 a year. The US average is $69,021 a year.