Concord, VT is a small town located in the Northeastern region of the United States. It is known for its rural landscapes and peaceful atmosphere. Renting a two-bedroom apartment in Concord, VT costs $850 on average, significantly lower than the US average of $1,430. Additionally, groceries and other goods are relatively inexpensive compared to the rest of the country; Concord's grocery cost index is 105 versus 100 in the US. \nAccording to The Vermont Agency of Commerce & Community Development, some popular companies located in Concord include Sweet Pea's Cafe & Bakery, The UPS Store, and Wilder Automotive. These businesses provide locals with essential services like food establishments, postal services, and automotive repairs.
Concord has an unemployment rate of 4.6%. The US average is 6.0%.
Concord has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Concord
- The Sales Tax Rate for Concord is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Concord 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 Concord
- The average income of a Concord resident is $26,320 a year. The US average is $37,638 a year.
- The Median household income of a Concord resident is $41,667 a year. The US average is $69,021 a year.