West Fairlee, VT Economy


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United States / Vermont / No Metro Area / Orange County / West Fairlee / Zip Codes
West Fairlee, VT is a small town located in Orange County. It has a population of just over 500 people, making it one of the smallest communities in the area. This small community offers affordable housing with two bedroom rent averaging at $1,080 per month. The cost of living is also low here compared to other areas with a grocery cost index at 106 versus 100 in the US. Despite its size, there are many local businesses and amenities in West Fairlee that include a gas station, library, post office, bank, restaurants, and numerous shops. The area also offers plenty of outdoor recreation opportunities for residents such as biking and hiking trails and fishing spots on Lake Fairlee.

West Fairlee has an unemployment rate of 2.9%. The US average is 6.0%.

West Fairlee has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for West Fairlee
- The Sales Tax Rate for West Fairlee is 6.0%. The US average is 7.3%.
- The Income Tax Rate for West Fairlee 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 Fairlee
- The average income of a West Fairlee resident is $26,090 a year. The US average is $28,555 a year.
- The Median household income of a West Fairlee resident is $69,821 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Fairlee, VermontUnited States
  2.96
  -5.6%-6.2%
  29.6%33.5%
  6.0%6.2%
  6.6%4.6%
  $31,658$37,638
  $69,821$69,021
  $86,250$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  9.8%6.8%
  4.5%10.0%
  1.9%2.5%
  23.6%11.0%
  4.0%4.8%
  0.0%0.8%
  1.3%1.9%
  0.0%4.7%
  3.7%1.9%
  1.9%7.6%
  0.0%0.1%
  1.9%4.2%
  13.3%9.3%
  25.5%14.0%
  0.0%2.1%
  5.3%7.0%
  2.7%4.8%
  0.0%4.7%
Health
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