Bridgewater, VT is a small town with a population of 1,639 people located in Windsor Country. It offers many amenities to its residents, including affordable rental prices of $1,170 for two-bedroom apartments. In comparison to the US average rent of $1,430 for two-bedrooms, Bridgewater provides a more economical rental option. The cost of living in Bridgewater is slightly higher than the US average with the Grocery Cost Index being 110 versus 100 in the US. There are multiple local businesses and amenities available in Bridgewater that make it an ideal place to live. Businesses such as Second Chance Power Sports, Bridgewater Service Center & Tire, and Integrate Inc offer employment opportunities to residents. Additionally, outdoor recreation activities such as hiking and biking trails are plentiful in the area. Bridgewater also has a local museum which showcases historical artifacts related to its history. With so much to offer from a cost perspective and variety of local attractions, it’s no wonder why so many people choose to call Bridgewater home.
Bridgewater has an unemployment rate of 4.3%. The US average is 6.0%.
Bridgewater has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Bridgewater
- The Sales Tax Rate for Bridgewater is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bridgewater 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 Bridgewater
- The average income of a Bridgewater resident is $44,099 a year. The US average is $28,555 a year.
- The Median household income of a Bridgewater resident is $60,218 a year. The US average is $69,021 a year.