Highgate, Vermont is a small town in Franklin County with a population of around 3,000 people. It is known for its rolling hills and breathtaking views of Lake Champlain. The cost of living in Highgate is relatively low when compared to the U.S., with two bedroom rents averaging $1,400 versus $1,430 nationally and a grocery cost index of 107 versus 100 in the US.
Highgate has many great local companies such as Blouin Lumber Co Inc, Surprenant & Beneski Insurance Agency Inc, and Gagne Heating & Cooling Inc. Popular attractions include Highgate Farmers Market held every Saturday morning on Main Street as well as Echo Lake Park which features stunning picnic spots, playgrounds and trails for hiking.
Highgate has an unemployment rate of 2.8%. The US average is 6.0%.
Highgate has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Highgate
- The Sales Tax Rate for Highgate is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Highgate 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 Highgate
- The average income of a Highgate resident is $29,263 a year. The US average is $37,638 a year.
- The Median household income of a Highgate resident is $64,974 a year. The US average is $69,021 a year.