Goshen, VT Economy


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United States / Vermont / No Metro Area / Addison County / Goshen / Zip Codes
Goshen, Vermont is a small town with many local businesses. Popular companies in the area include the Goshen General Store, Apple Tree Nursery & Landscaping, and River Valley Campground. Despite its small size, Goshen offers residents a high standard of living with a lower than average cost of living compared to other areas. The two bedroom rent in Goshen is $1,100 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Goshen is 106 while it's just 100 across the US. All things considered, Goshen offers an affordable and comfortable place for people to live and work.

Goshen has an unemployment rate of 3.1%. The US average is 6.0%.

Goshen has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Goshen
- The Sales Tax Rate for Goshen is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Goshen 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 Goshen
- The average income of a Goshen resident is $32,112 a year. The US average is $28,555 a year.
- The Median household income of a Goshen resident is $75,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGoshen, VermontUnited States
  3.16
  -5.1%-6.2%
  29.9%33.5%
  6.0%6.2%
  6.6%4.6%
  $36,640$37,638
  $75,750$69,021
  $88,750$85,028
  Population by Occupation
  3.3%1.2%
  0.0%0.5%
  7.7%6.8%
  4.4%10.0%
  0.0%2.5%
  7.7%11.0%
  5.5%4.8%
  4.4%0.8%
  0.0%1.9%
  9.9%4.7%
  0.0%1.9%
  7.7%7.6%
  0.0%0.1%
  7.7%4.2%
  7.7%9.3%
  6.6%14.0%
  6.6%2.1%
  13.2%7.0%
  0.0%4.8%
  7.7%4.7%
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