Addison, VT is a small rural village that offers its residents a peaceful and secluded lifestyle. It is known for its lush green valleys, mountains, and peaceful atmosphere. The village is populated by around 1,250 people who have access to quality services such as medical facilities, education, shopping and recreation facilities. There are several local companies in Addison such as the Crickles Restaurant & Bakery and Addison Country Store. These businesses give locals employment opportunities while providing goods and services to families in the area. The cost of living in the area is relatively low with 2 bedroom rent at $1,170 compared to the US average of $1,430. Grocery costs are also lower than the US average with an index score of 108 compared to 100 nationally.
Addison has an unemployment rate of 2.2%. The US average is 6.0%.
Addison has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Addison
- The Sales Tax Rate for Addison is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Addison 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 Addison
- The average income of a Addison resident is $36,934 a year. The US average is $37,638 a year.
- The Median household income of a Addison resident is $93,438 a year. The US average is $69,021 a year.