Burke, VT is a quaint town located in northern Vermont. It is home to a variety of local businesses, such as Burke Mountain Resort, Burke Family Farm, and First National Bank of Vermont. The cost of living in Burke is quite affordable; 2 bedroom rent is about $1,060 per month on average compared to the US rental rate of $1,430. Furthermore, groceries are even more affordable with the grocery cost index being 106 versus 100 in the US. All this makes for an enjoyable quality of life in Burke.
Burke has an unemployment rate of 2.0%. The US average is 6.0%.
Burke has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Burke
- The Sales Tax Rate for Burke is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Burke 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 Burke
- The average income of a Burke resident is $24,551 a year. The US average is $28,555 a year.
- The Median household income of a Burke resident is $62,857 a year. The US average is $69,021 a year.