West Rutland, VT is an affordable area to live in and a great place to call home. With 2 bedroom rent averaging around $1,110 compared to the US average of $1,430, West Rutland offers excellent value for those looking for a new place to live. The cost of groceries is also relatively low with the Grocery Cost Index being at 105 versus 100 in the US. There are many great companies and attractions located throughout West Rutland, such as the West Rutland Marble Museum which celebrates and preserves the town’s history as a major Vermont marble industry center. Other local businesses include Legacy Cider Mill, Valley Stove & Cycle Inc., and Black Diamond Logging LLC. All these businesses contribute to the vibrant culture of West Rutland, VT and make it an enjoyable place to live.
West Rutland has an unemployment rate of 5.0%. The US average is 6.0%.
West Rutland 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 West Rutland
- The Sales Tax Rate for West Rutland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for West Rutland 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 West Rutland
- The average income of a West Rutland resident is $24,081 a year. The US average is $28,555 a year.
- The Median household income of a West Rutland resident is $50,909 a year. The US average is $69,021 a year.