Jericho, VT is a small town located in Chittenden County with a population of 3,420 people as of 2020. It is known for its vibrant community and its proximity to Burlington and other towns in the area. Local companies in Jericho include Jericho-Underhill Water District, Green Mountain Power Corporation, and C&S Wholesale Grocers. The cost of living in Jericho is relatively low compared to the US as a whole. For example, the 2 bedroom rent in Jericho is $1,390 whereas it is $1,430 across the US as a whole. Similarly, grocery costs are also much lower than average in Jericho with an index of 110 versus 100 across the US.
Jericho has an unemployment rate of 1.9%. The US average is 6.0%.
Jericho 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 Jericho
- The Sales Tax Rate for Jericho is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jericho 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 Jericho
- The average income of a Jericho resident is $53,062 a year. The US average is $37,638 a year.
- The Median household income of a Jericho resident is $96,442 a year. The US average is $69,021 a year.