Elmore, VT is a great place to live for those on a budget. The average rent for a two bedroom apartment in Elmore is $1,180, which is more than $250 less than the US average. Groceries are also more affordable in Elmore with its Cost Index of 108 being 8% higher than the national average. There are plenty of local businesses to explore as well; some notable ones include Elmore Valley Farm, Shires Public House and Artisan Restaurant, and the Elmore Town Library. You can also find plenty of outdoor activities to enjoy such as skiing at Sugarbush Resort or hiking in nearby Green Mountain National Forest. All of this combines to make Elmore an ideal place for someone looking for a budget-friendly home with many exciting attractions nearby.
Elmore has an unemployment rate of 2.7%. The US average is 6.0%.
Elmore has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Elmore
- The Sales Tax Rate for Elmore is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elmore 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 Elmore
- The average income of a Elmore resident is $36,066 a year. The US average is $28,555 a year.
- The Median household income of a Elmore resident is $96,364 a year. The US average is $69,021 a year.