Zip 05491 (Vergennes, VT) Economy


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United States / Vermont / No Metro Area / Addison County / Vergennes / Vergennes (zip 05491)
05491 Vergennes, VT is a small town located in the Champlain Valley, just north of Burlington. It's known for its picturesque wooded hills and its historic downtown lined with one-of-a-kind shops and restaurants. The average two bedroom rent is $1,190, which is more affordable than the US average of $1,430. In addition, the Grocery Cost Index in 05491 Vergennes, VT is 108 versus 100 in the US; yet another reason why this town is attractive to potential residents.
One of the most iconic local companies in 05491 Vergennes, VT is Woodard Farm Inc., an award-winning dairy farm that produces delicious cheese products made from their own cows’ milk. Also located in town are Fiddlehead Brewery and Otter Creek Brewing Company; both well liked craft beer breweries with delicious food offerings as well. Popular attractions in 05491 Vergennes, VT include Button Bay State Park located on Lake Champlain and Basin Harbor Club & Resort which offer great swimming and boating activities throughout the summer season.

Vergennes (zip 05491) has an unemployment rate of 2.7%. The US average is 6.0%.

Vergennes (zip 05491) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Vergennes (zip 05491)
- The Sales Tax Rate for Vergennes (zip 05491) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Vergennes (zip 05491) 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 Vergennes (zip 05491)
- The average income of a Vergennes (zip 05491) resident is $28,627 a year. The US average is $28,555 a year.
- The Median household income of a Vergennes (zip 05491) resident is $79,153 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVergennes, VermontUnited States
  2.76
  -6.2%-6.2%
  29.9%33.5%
  6.0%6.2%
  6.6%4.6%
  $36,670$37,638
  $79,153$69,021
  $90,237$85,028
  Population by Occupation
  4.8%1.2%
  0.0%0.5%
  10.2%6.8%
  12.3%10.0%
  0.8%2.5%
  12.6%11.0%
  2.3%4.8%
  0.6%0.8%
  1.1%1.9%
  2.9%4.7%
  2.0%1.9%
  6.6%7.6%
  0.0%0.1%
  2.8%4.2%
  10.8%9.3%
  14.2%14.0%
  2.9%2.1%
  4.8%7.0%
  5.6%4.8%
  2.4%4.7%
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