Randolph, VT is a small town located in the Green Mountains with a population of 4,895. It has a low cost of living compared to the US as 2 bedroom rent is $1,130 whereas it costs $1,430 in the US. Grocery cost index is 106 compared to 100 in the US. The median household income in Randolph is $43,571, lower than the state's median at $58,156 and much lower than the national median at $61,937. Some notable local businesses are C&S Wholesale Grocers Inc., Ernie’s Automotive Repair & Service LLC., Marlboro Music School and RK Miles Inc..
Randolph has an unemployment rate of 3.6%. The US average is 6.0%.
Randolph has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Randolph
- The Sales Tax Rate for Randolph is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Randolph 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 Randolph
- The average income of a Randolph resident is $32,245 a year. The US average is $37,638 a year.
- The Median household income of a Randolph resident is $70,000 a year. The US average is $69,021 a year.