Graniteville, VT is a small town nestled in rural Vermont with a population of just over 2,000 people. Known for its picturesque rolling hills and quiet residential streets, Graniteville has become an increasingly popular destination for those looking to escape city life. Many local companies make their home in Graniteville such as the Liberty Steel Mill, Graniteville Concrete Company, and Mathews Painting Contractors. Living expenses in Graniteville are quite affordable - the average two bedroom rental property costs $1,250 compared to the US average of $1,430. Additionally, the grocery cost index in Graniteville is 104 versus 100 in the US which makes it slightly more expensive than other places but still very reasonable overall.
Graniteville has an unemployment rate of 2.7%. The US average is 6.0%.
Graniteville has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Graniteville
- The Sales Tax Rate for Graniteville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Graniteville 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 Graniteville
- The average income of a Graniteville resident is $28,052 a year. The US average is $28,555 a year.
- The Median household income of a Graniteville resident is $32,525 a year. The US average is $69,021 a year.