Orwell, VT is a small town with a friendly and welcoming atmosphere. It is known for its scenic beauty, outdoor recreation opportunities, and small-town charm. The cost of living in this area is quite low compared to the national average, with two bedroom rent averaging at $1,160 per month versus the US average of $1,430. Everyday items like groceries are relatively cheaper too due to an index score of 107 compared to 100 in the US. Notable local businesses include Orwell Convenience Store, Orwell Hardware & Mercantile Co., and Orwell Country Store. All in all, Orwell offers a quality lifestyle that is both inexpensive and desirable for those looking for a close-knit community feel.
Orwell has an unemployment rate of 2.3%. The US average is 6.0%.
Orwell has seen the job market decrease by -5.7% 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 Orwell
- The Sales Tax Rate for Orwell is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Orwell 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 Orwell
- The average income of a Orwell resident is $33,697 a year. The US average is $37,638 a year.
- The Median household income of a Orwell resident is $63,333 a year. The US average is $69,021 a year.