Sheldon, VT Economy


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Sheldon, VT is a small town located in the northwest corner of the state. It's a peaceful and beautiful area, perfect for those who want to get away from the hustle and bustle of city life. The 2 bedroom rent is relatively low compared to the rest of the US at $1,500 while the grocery cost index is high at 106 versus 100 in the US. The area also has many local amenities such as Sheldon Community Library, Sheldon Corners Store & Post Office, Countryside Collision and Repair, Foundry & Gardens Nursery & Landscaping and Adams Hardware Store. With all these features and more, it's no wonder why so many people are choosing to make Sheldon their home.

Sheldon has an unemployment rate of 4.1%. The US average is 6.0%.

Sheldon has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Sheldon
- The Sales Tax Rate for Sheldon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sheldon 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 Sheldon
- The average income of a Sheldon resident is $24,952 a year. The US average is $28,555 a year.
- The Median household income of a Sheldon resident is $64,602 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySheldon, VermontUnited States
  4.16
  -8.2%-6.2%
  29.1%33.5%
  6.0%6.2%
  6.6%4.6%
  $34,718$37,638
  $64,602$69,021
  $96,719$85,028
  Population by Occupation
  9.8%1.2%
  2.1%0.5%
  4.9%6.8%
  19.8%10.0%
  3.1%2.5%
  8.7%11.0%
  2.8%4.8%
  2.2%0.8%
  2.5%1.9%
  2.1%4.7%
  1.7%1.9%
  1.4%7.6%
  0.0%0.1%
  5.9%4.2%
  6.6%9.3%
  7.4%14.0%
  0.3%2.1%
  7.4%7.0%
  2.3%4.8%
  9.0%4.7%
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