Granby, VT is an inviting and affordable town located in central Vermont. The town has a population of just over 2,000 people and offers an array of amenities for its residents. Renting a two bedroom apartment in Granby is significantly cheaper than the national average at $850 compared to the US average of $1,430. Groceries are also more affordable with a grocery cost index of 103 compared to the US baseline of 100.
Granby has several notable local businesses including Second Wind Country Crafts, offering handmade products like quilts and woodworking items; Mayhew’s Store, which serves as a general store; and L&R Electric Inc., providing residential electric services. Residents can enjoy outdoor activities such as canoeing on the Black River or hiking through Gifford Woods State Park. Other amenities include several eateries like The Carriage House Restaurant & Pub or Mary Lou’s Café, as well as a public library for further education opportunities.
Granby has an unemployment rate of 9.1%. The US average is 6.0%.
Granby has seen the job market decrease by -6.1% 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 Granby
- The Sales Tax Rate for Granby is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Granby 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 Granby
- The average income of a Granby resident is $39,082 a year. The US average is $37,638 a year.
- The Median household income of a Granby resident is $0 a year. The US average is $69,021 a year.