Wallingford, VT is a small city with a population of about 1,000 people. The city is best known for its local companies such as Wallingford Garage Doors and Follensby Hardware Co., which have been in business in the area since the 1930s. The cost of living in Wallingford, VT is lower than that of the US overall. For example, two bedroom rent in Wallingford, VT is $1,080 while two bedroom rent in the US is $1,430. Additionally, grocery cost index in Wallingford, VT is 106 versus 100 in the US indicating that goods are cheaper here than elsewhere in America. Therefore, those who choose to live and work in Wallingford can save money due to its lower cost of living compared to many other cities across the nation.
Wallingford has an unemployment rate of 3.9%. The US average is 6.0%.
Wallingford has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Wallingford
- The Sales Tax Rate for Wallingford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wallingford 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 Wallingford
- The average income of a Wallingford resident is $24,587 a year. The US average is $28,555 a year.
- The Median household income of a Wallingford resident is $72,689 a year. The US average is $69,021 a year.