Zip 05261 (Pownal, VT) Economy


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05261 Pownal, VT is a small town located in Bennington County. With a population of just over 5,000 people, it's among the smallest towns in the state. The average rent for a two-bedroom apartment in 05261 Pownal, VT is $1,140 per month which is significantly lower than the national average of $1,430. This makes living in 05261 Pownal an affordable option for many people looking to settle down or relocate. Groceries and other essential items are also relatively inexpensive due to the grocery cost index being 99 compared to 100 in the US.
When it comes to local businesses and amenities, 05261 Pownal has plenty to offer its residents. Popular restaurants such as The Whistle Stop Deli & Diner and The Red Clover Inn provide tasty options for those looking for a night out on the town. There’s also an abundance of recreational activities available at nearby facilities like Williamstown Lake State Park or Johnson Nature Center which make for great weekend getaways or summertime fun with family and friends. With its affordability and variety of services and attractions, 05261 Pownal is sure to remain an attractive location for many years to come!

Pownal (zip 05261) has an unemployment rate of 4.0%. The US average is 6.0%.

Pownal (zip 05261) 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 Pownal (zip 05261)
- The Sales Tax Rate for Pownal (zip 05261) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pownal (zip 05261) 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 Pownal (zip 05261)
- The average income of a Pownal (zip 05261) resident is $26,980 a year. The US average is $28,555 a year.
- The Median household income of a Pownal (zip 05261) resident is $65,595 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPownal, VermontUnited States
  46
  -9.5%-6.2%
  26.1%33.5%
  6.0%6.2%
  6.6%4.6%
  $32,161$37,638
  $65,595$69,021
  $85,690$85,028
  Population by Occupation
  8.1%1.2%
  0.0%0.5%
  16.1%6.8%
  12.7%10.0%
  0.0%2.5%
  7.7%11.0%
  0.0%4.8%
  0.0%0.8%
  1.2%1.9%
  1.8%4.7%
  4.0%1.9%
  3.2%7.6%
  0.0%0.1%
  6.0%4.2%
  7.4%9.3%
  20.5%14.0%
  2.2%2.1%
  5.3%7.0%
  1.1%4.8%
  2.7%4.7%
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