Hubbardton, VT Economy


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Hubbardton, VT is a small town located in the state of Vermont. It is known for its beautiful surroundings and lush forests. The cost of living in Hubbardton is relatively low, with two bedroom rent costing about $1,070 compared to the US average of $1,430. Additionally, the grocery cost index in Hubbardton is 106 versus 100 for the United States on average. This makes it an ideal place for families or individuals looking for a more affordable lifestyle.
The small town features several local businesses and amenities including Hubbardton General Store, River Bend Farmstand & Cafe, Wells National Forest Campground, and Crystalwood Lodge. These establishments provide locals with access to fresh produce and locally-sourced goods as well as service from knowledgeable staff. You can also find plenty of recreational activities to enjoy such as fishing, hunting, hiking trails or just taking some time to relax in the nearby woodlands or waterways. All these factors make Hubbardton an attractive destination for people looking for a more peaceful lifestyle away from the hustle and bustle of a city.

Hubbardton has an unemployment rate of 3.8%. The US average is 6.0%.

Hubbardton has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.

Tax Rates for Hubbardton
- The Sales Tax Rate for Hubbardton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hubbardton 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 Hubbardton
- The average income of a Hubbardton resident is $32,259 a year. The US average is $28,555 a year.
- The Median household income of a Hubbardton resident is $89,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHubbardton, VermontUnited States
  3.86
  -7.9%-6.2%
  26.4%33.5%
  6.0%6.2%
  6.6%4.6%
  $31,838$37,638
  $89,167$69,021
  $116,161$85,028
  Population by Occupation
  6.4%1.2%
  0.0%0.5%
  7.5%6.8%
  5.3%10.0%
  0.6%2.5%
  18.6%11.0%
  0.6%4.8%
  1.7%0.8%
  0.0%1.9%
  0.6%4.7%
  0.2%1.9%
  1.5%7.6%
  0.0%0.1%
  23.9%4.2%
  5.3%9.3%
  19.0%14.0%
  4.0%2.1%
  0.6%7.0%
  1.3%4.8%
  3.0%4.7%
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