Jay, VT is a small town located in the northeast corner of Vermont. It has a population of just over 6,000 people and a low cost of living. The average rent for a two bedroom apartment is $980 and the grocery cost index is 105 versus 100 in the US. Jay is home to several local businesses such as the Jay Peak Ski Resort, Darling's Store & Deli, Alpine Insulation, and Lewis Concrete Products. There are also many small shops and restaurants that offer delicious meals and unique items for visitors to enjoy. With its low cost of living and beautiful mountain views, Jay is an ideal destination for people looking to move to Vermont or even visit for a few days.
Jay has an unemployment rate of 3.7%. The US average is 6.0%.
Jay has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Jay
- The Sales Tax Rate for Jay is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jay 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 Jay
- The average income of a Jay resident is $17,302 a year. The US average is $28,555 a year.
- The Median household income of a Jay resident is $48,750 a year. The US average is $69,021 a year.