Hartford, VT is a small rural town located in the northern part of the state. It is known for its beautiful landscapes, outdoor activities, and family-oriented atmosphere. Local companies include Green Mountain Coffee Roasters, Mascoma Bank, Vermont Farm Table and Justin’s Nut Butter. The cost of living in Hartford is generally lower than the national average. According to a recent survey, median rent for a two bedroom apartment was $1,130 compared to $1,430 across the United States. Additionally, the Grocery Cost Index was 108 versus 100 in the US; meaning groceries were 8% higher than other parts of America.
Hartford has an unemployment rate of 3.4%. The US average is 6.0%.
Hartford has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Hartford
- The Sales Tax Rate for Hartford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hartford 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 Hartford
- The average income of a Hartford resident is $34,111 a year. The US average is $28,555 a year.
- The Median household income of a Hartford resident is $61,678 a year. The US average is $69,021 a year.