Rochester, Vermont is a beautiful and quaint town located in the heart of the Green Mountains. With a population of just over 4,000 residents, it is a great place to settle down. The cost of living in Rochester is quite reasonable; for example, the average rent for two bedrooms is only $1,110 compared to the national average of $1,430. Additionally, the grocery cost index in Rochester (106) is even lower than the US average (100).
The city is home to many local businesses and institutions such as Rochester Town Hall, Valley Emergency Communications Center (VECC911), J&D’s Country Store & Deli, and Eli’s Barbershop. These organizations provide essential services and amenities to their community.
Rochester has an unemployment rate of 3.1%. The US average is 6.0%.
Rochester has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Rochester
- The Sales Tax Rate for Rochester is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rochester 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 Rochester
- The average income of a Rochester resident is $28,004 a year. The US average is $28,555 a year.
- The Median household income of a Rochester resident is $62,941 a year. The US average is $69,021 a year.