Peacham, VT is a small town located in Caledonia County. Home to under 600 people, Peacham is a quiet and peaceful place with views of rolling hills and meadows. The cost of living in Peacham is much lower than the US average, making it an ideal destination for those looking for affordable rent and groceries. 2 bedroom rent in Peacham costs only $950 compared to the US average of $1,430 making it a great option for those looking to save on rent or buy their first home. Similarly, grocery costs are 8% lower than the national average at 108 versus 100 in the US.
Local businesses include Gifford's Store & Deli, which offers fresh produce and many other groceries as well as Roots Cafe which serves up delicious breakfast and lunch items. Other amenities such as a library, post office, community center, fire station and several churches are all located within the town boundaries. For activities outside of town there are trails for hiking and fishing spots along the Lamoille River nearby.
Peacham has an unemployment rate of 2.5%. The US average is 6.0%.
Peacham has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Peacham
- The Sales Tax Rate for Peacham is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Peacham 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 Peacham
- The average income of a Peacham resident is $49,349 a year. The US average is $37,638 a year.
- The Median household income of a Peacham resident is $68,571 a year. The US average is $69,021 a year.