Zip 05442 (Belvidere Center, VT) Economy


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United States / Vermont / No Metro Area / Lamoille County / No City / Belvidere Center (zip 05442)
05442 Belvidere Center, VT is an attractive area for renters looking for reasonable housing costs. The average two bedroom rental in the area is $1,140 per month, which is significantly cheaper than the national average of $1,430. Additionally, the grocery cost index in 05442 Belvidere Center, VT is 105 compared to 100 nationally. This makes it a great place for those who are on a budget but still want to take advantage of all that Vermont has to offer.
The area also provides access to great local companies such as The Corner Store & Deli, Lakeshore Trading Company and Belvidere Meats and Cheese. All three businesses provide quality products and services at competitive prices that help residents of the area get what they need without breaking the bank.

Belvidere Center (zip 05442) has an unemployment rate of 4.0%. The US average is 6.0%.

Belvidere Center (zip 05442) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Belvidere Center (zip 05442)
- The Sales Tax Rate for Belvidere Center (zip 05442) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Belvidere Center (zip 05442) 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 Belvidere Center (zip 05442)
- The average income of a Belvidere Center (zip 05442) resident is $20,242 a year. The US average is $28,555 a year.
- The Median household income of a Belvidere Center (zip 05442) resident is $80,547 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBelvidere Center, VermontUnited States
  46
  -9.2%-6.2%
  33.8%33.5%
  6.0%6.2%
  6.6%4.6%
  $36,833$37,638
  $80,547$69,021
  $81,953$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  19.7%6.8%
  7.7%10.0%
  0.0%2.5%
  19.7%11.0%
  1.7%4.8%
  3.0%0.8%
  2.1%1.9%
  2.6%4.7%
  0.0%1.9%
  8.2%7.6%
  0.0%0.1%
  0.9%4.2%
  6.0%9.3%
  3.0%14.0%
  3.4%2.1%
  9.9%7.0%
  4.7%4.8%
  5.2%4.7%
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