Wheelock, Vermont is a small town where the cost of living is quite low compared to other US cities. The average rent for a two bedroom apartment in Wheelock is only $960, while the national average 2 bedroom rent is $1,430. Additionally, the Grocery Cost Index in Wheelock is 105 versus 100 in the US; this means that grocery costs are slightly higher than the national average.
The town has various local businesses such as The Wheelock Store which offers a variety of items like clothing and groceries. Additionally, there is Tater's Pizza & Pasta which serves authentic Italian style pizza and pasta dishes.
Overall, Wheelock provides an affordable cost of living compared to other US cities as well as local businesses offering daily necessities and popular dining options.
Wheelock has an unemployment rate of 2.4%. The US average is 6.0%.
Wheelock has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Wheelock
- The Sales Tax Rate for Wheelock is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wheelock 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 Wheelock
- The average income of a Wheelock resident is $23,158 a year. The US average is $28,555 a year.
- The Median household income of a Wheelock resident is $62,308 a year. The US average is $69,021 a year.