Putney, VT is a quaint small town situated in the beautiful Connecticut River Valley with a population of 1,856 according to 2019 United States Census estimates. The town is a hub for local business, many of which are family-owned such as Putney General Store and Putney Pharmacy. There are also several unique and independent restaurants, bars, and cafes for those looking to explore the area’s charming downtown. The cost of living in Putney is slightly lower than the US average, with two bedroom rent at $1,150 versus $1,430 on average nationally and grocery costs indexing at 105 compared to 100 in the US. All in all, Putney is an excellent place to call home!
Putney has an unemployment rate of 3.6%. The US average is 6.0%.
Putney has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Putney
- The Sales Tax Rate for Putney is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Putney 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 Putney
- The average income of a Putney resident is $25,823 a year. The US average is $28,555 a year.
- The Median household income of a Putney resident is $57,500 a year. The US average is $69,021 a year.