South Shaftsbury, VT is a small town located in the southern region of the state. It has a population of just under 5,000 people and is known for its affordable housing and cost of living. The average rent for a two bedroom apartment is $1,140 which is significantly lower than the national average of $1,430. Additionally, grocery costs in South Shaftsbury are 3% higher than the US average.
The town of South Shaftsbury is home to many local companies such as South Shaftsbury Groceries, Satterlee & Sons Hardware Store, and Joe's Cafe. There are also several attractions in the town to explore such as Emerald Lake State Park where visitors can enjoy swimming, hiking, and picnicking; The Robert Frost Farm which was a former homestead of the famous poet; and Mount Anthony Country Club which offers stunning views of Bennington County from its golf course.
South Shaftsbury has an unemployment rate of 4.0%. The US average is 6.0%.
South Shaftsbury has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.
Tax Rates for South Shaftsbury
- The Sales Tax Rate for South Shaftsbury is 6.0%. The US average is 7.3%.
- The Income Tax Rate for South Shaftsbury 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 South Shaftsbury
- The average income of a South Shaftsbury resident is $32,254 a year. The US average is $37,638 a year.
- The Median household income of a South Shaftsbury resident is $61,488 a year. The US average is $69,021 a year.