Westford, VT Economy


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Westford, VT is a small town with a population of around 3,000 people. It is known for being a great place to raise a family. Rent for two bedroom units in Westford is slightly higher than the national average, coming in at $1,450 versus $1,430 respectively. The grocery cost index in Westford is also higher than the national average, standing at 110 as compared to 100 nationally. Local companies in Westford include Prospect Automotive, Templeton Construction and A&E Environmental Services.

Westford has an unemployment rate of 1.6%. The US average is 6.0%.

Westford has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Westford
- The Sales Tax Rate for Westford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Westford 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 Westford
- The average income of a Westford resident is $39,965 a year. The US average is $28,555 a year.
- The Median household income of a Westford resident is $99,464 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestford, VermontUnited States
  1.66
  -7.0%-6.2%
  30.7%33.5%
  6.0%6.2%
  6.6%4.6%
  $41,993$37,638
  $99,464$69,021
  $102,212$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  9.3%6.8%
  16.8%10.0%
  1.3%2.5%
  7.9%11.0%
  0.4%4.8%
  1.1%0.8%
  0.6%1.9%
  2.7%4.7%
  1.4%1.9%
  6.8%7.6%
  0.5%0.1%
  3.3%4.2%
  10.6%9.3%
  18.6%14.0%
  1.3%2.1%
  3.0%7.0%
  4.0%4.8%
  8.4%4.7%
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