North Bennington, VT Economy


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North Bennington, VT is a small town located in the state of Vermont. It has a population of approximately 2,200 people, making it a great place to live if you're looking for some peace and quiet. The two bedroom rent in North Bennington is about $1,130 which is lower compared to the US average two bedroom rent of $1,430. Grocery costs in North Bennington are also lower than the US with an index of 101 versus 100 across the country. Living costs in North Bennington are low compared to other cities making it an affordable place to call home.
The town is home to several local businesses such as the Oldcastle Theatre Company which offers plays and performances year-round as well as various festivals throughout the year. There’s also The Alchemist Brewery & Visitor Center which offers tours and tastings of their craft beer selection. Additionally, there’s The Shires Marketplace where you can find locally made goods from area farmers and artisans on Sundays during the summer months. With its small-town atmosphere and lower cost of living, North Bennington is a great place to live for those looking for an escape from bigger cities and towns.

North Bennington has an unemployment rate of 4.0%. The US average is 6.0%.

North Bennington has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.

Tax Rates for North Bennington
- The Sales Tax Rate for North Bennington is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North Bennington 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 North Bennington
- The average income of a North Bennington resident is $22,675 a year. The US average is $28,555 a year.
- The Median household income of a North Bennington resident is $46,513 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Bennington, VermontUnited States
  46
  -9.5%-6.2%
  26.1%33.5%
  6.0%6.2%
  6.6%4.6%
  $21,353$37,638
  $46,513$69,021
  $64,875$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  2.5%6.8%
  5.4%10.0%
  6.3%2.5%
  9.2%11.0%
  0.6%4.8%
  0.0%0.8%
  4.7%1.9%
  0.4%4.7%
  0.0%1.9%
  6.0%7.6%
  0.0%0.1%
  2.3%4.2%
  35.0%9.3%
  3.6%14.0%
  3.1%2.1%
  11.4%7.0%
  4.5%4.8%
  3.4%4.7%
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