Manchester, VT (05254) is a great place to live with a reasonable cost of living. The average 2 bedroom rent in this area is $1,330, which is lower than the US average of $1,430. Additionally, the Grocery Cost Index in Manchester, VT is 108 versus 100 in the US. This means that groceries are more expensive than the national average but still affordable. There are many local companies located in Manchester and nearby towns such as Equinox Village Retirement Home, Northshire Bookstore, and Bromley Mountain Ski Resort that offer excellent services to the community.
Manchester (zip 05254) has an unemployment rate of 4.0%. The US average is 6.0%.
Manchester (zip 05254) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.
Tax Rates for Manchester (zip 05254)
- The Sales Tax Rate for Manchester (zip 05254) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Manchester (zip 05254) 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 Manchester (zip 05254)
- The average income of a Manchester (zip 05254) resident is $50,521 a year. The US average is $28,555 a year.
- The Median household income of a Manchester (zip 05254) resident is $81,339 a year. The US average is $69,021 a year.