Zip 05350 (Readsboro, VT) Economy


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United States / Vermont / Bennington Metro Area / Bennington County / No City / Readsboro (zip 05350)
Readsboro, VT 05350 is a small rural community of just over 600 people located in Bennington County. The area is known for its stunning natural beauty and offers plenty of outdoor recreational activities, such as hiking, fishing, snowmobiling and more. In terms of housing, 2 Bedroom rent in Readsboro is quite affordable at $1,150 per month - slightly less than the US average of $1,430 per month. Additionally, the Grocery Cost Index for Readsboro is 99 compared to 100 for the US as a whole.
Though Readsboro is not a large community, it has many local businesses that offer excellent products and services to residents. The Potter Brothers Sawmill operates out of town and supplies lumber for many building projects in the area. Other businesses include the D&D Market which provides quality foods and goods to residents at an affordable price; Poulin's Garage where you can find expert car mechanics; and GTL Design which offers website design services for local businesses. These businesses provide great products and services to Readsboro residents while also helping to maintain a stable local economy.

Readsboro (zip 05350) has an unemployment rate of 4.0%. The US average is 6.0%.

Readsboro (zip 05350) 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 Readsboro (zip 05350)
- The Sales Tax Rate for Readsboro (zip 05350) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Readsboro (zip 05350) 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 Readsboro (zip 05350)
- The average income of a Readsboro (zip 05350) resident is $27,225 a year. The US average is $28,555 a year.
- The Median household income of a Readsboro (zip 05350) resident is $65,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyReadsboro, VermontUnited States
  46
  -9.5%-6.2%
  26.1%33.5%
  6.0%6.2%
  6.6%4.6%
  $37,712$37,638
  $65,313$69,021
  $89,643$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  11.4%6.8%
  4.6%10.0%
  1.7%2.5%
  14.5%11.0%
  7.0%4.8%
  3.6%0.8%
  0.0%1.9%
  0.7%4.7%
  1.9%1.9%
  1.2%7.6%
  0.0%0.1%
  3.4%4.2%
  5.3%9.3%
  14.0%14.0%
  1.9%2.1%
  16.7%7.0%
  9.4%4.8%
  1.9%4.7%
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