Swanton, VT Economy


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Swanton, VT is a small town in Northwestern Vermont known for its natural beauty and friendly atmosphere. The 2 bedroom rent in Swanton is slightly lower than the US average of $1,430 at $1,390. Grocery costs here are also slightly lower than the national average with an index of 107 compared to 100 in the US. Popular local companies include Swanton Lumber Company and Greenshields Used Auto Parts. There are also plenty of attractions to explore such as Miner Farm Nature Preserve and Bellows Free Academy Museum, both of which provide educational outdoor experiences for locals and visitors alike.

Swanton has an unemployment rate of 3.4%. The US average is 6.0%.

Swanton 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 Swanton
- The Sales Tax Rate for Swanton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Swanton 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 Swanton
- The average income of a Swanton resident is $32,007 a year. The US average is $37,638 a year.
- The Median household income of a Swanton resident is $68,294 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySwanton, VermontUnited States
  3.46
  -7.0%-6.2%
  29.1%33.5%
  6.0%6.2%
  6.6%4.6%
  $32,007$37,638
  $68,294$69,021
  $74,375$85,028
  Population by Occupation
  2.5%1.2%
  1.1%0.5%
  6.3%6.8%
  20.2%10.0%
  2.1%2.5%
  12.9%11.0%
  2.2%4.8%
  2.5%0.8%
  1.0%1.9%
  1.2%4.7%
  3.3%1.9%
  5.1%7.6%
  0.0%0.1%
  3.7%4.2%
  8.9%9.3%
  10.0%14.0%
  0.3%2.1%
  3.7%7.0%
  6.2%4.8%
  6.9%4.7%
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