Derby Center, VT is a small town located in Orleans County. It offers residents a quiet lifestyle and is close to many outdoor activities. The monthly rent for a two bedroom apartment in Derby Center is $960, which is significantly less than the US average of $1430. Additionally, the grocery cost index in Derby Center is 105 versus 100 in the US. This means that groceries are slightly more expensive here than elsewhere in the country. Derby Center also has several local businesses such as Derby Line Village Store, Passumpsic Bank, and Ti-Rene's Bait & Tackle Shop. All of these make it easy for residents to find their necessities with a low cost of living.
Derby Center has an unemployment rate of 4.5%. The US average is 6.0%.
Derby Center has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Derby Center
- The Sales Tax Rate for Derby Center is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Derby Center 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 Derby Center
- The average income of a Derby Center resident is $20,141 a year. The US average is $28,555 a year.
- The Median household income of a Derby Center resident is $41,083 a year. The US average is $69,021 a year.