Tunbridge, VT is a rural town located in central Vermont with plenty of natural beauty. There are many local businesses including Tunbridge General Store, The Tunbridge Barn Antiques, and The Tunbridge Country Store & Café. The cost of living in Tunbridge is lower than the US average. A two bedroom rental unit in Tunbridge will cost $1,140 a month whereas the US average for a two bedroom unit is $1,430 per month. Additionally the Grocery Cost Index for Tunbridge is 107 versus 100 in the US so groceries could be slightly more expensive in Tunbridge than other parts of the country.
Tunbridge has an unemployment rate of 3.3%. The US average is 6.0%.
Tunbridge has seen the job market decrease by -5.6% 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 Tunbridge
- The Sales Tax Rate for Tunbridge is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Tunbridge 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 Tunbridge
- The average income of a Tunbridge resident is $35,103 a year. The US average is $37,638 a year.
- The Median household income of a Tunbridge resident is $68,929 a year. The US average is $69,021 a year.