New Haven, VT Economy


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United States / Vermont / No Metro Area / Addison County / New Haven / Zip Codes
New Haven, VT is a beautiful small town with plenty to offer its residents. The average rent for a two bedroom apartment in New Haven is $1,220 which is significantly lower than the US average of $1,430. The grocery cost index in New Haven also offers substantial savings when compared to the rest of the country at 110 versus 100. There are many wonderful local businesses and attractions to enjoy in New Haven. Notable businesses include the New Haven Diner and Starry Night Cafe. If you’re looking for something fun to do, don't miss out on the Lake Dunmore Marina and Fernwood Cove.

New Haven has an unemployment rate of 2.8%. The US average is 6.0%.

New Haven has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for New Haven
- The Sales Tax Rate for New Haven is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Haven 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 New Haven
- The average income of a New Haven resident is $32,074 a year. The US average is $28,555 a year.
- The Median household income of a New Haven resident is $84,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Haven, VermontUnited States
  2.86
  -5.8%-6.2%
  29.9%33.5%
  6.0%6.2%
  6.6%4.6%
  $42,669$37,638
  $84,375$69,021
  $93,750$85,028
  Population by Occupation
  4.7%1.2%
  0.0%0.5%
  13.8%6.8%
  11.7%10.0%
  0.8%2.5%
  16.5%11.0%
  2.6%4.8%
  0.0%0.8%
  0.4%1.9%
  4.5%4.7%
  0.1%1.9%
  3.6%7.6%
  0.0%0.1%
  2.0%4.2%
  12.0%9.3%
  13.7%14.0%
  1.0%2.1%
  3.4%7.0%
  6.1%4.8%
  3.1%4.7%
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