Zip 05777 (West Rutland, VT) Economy


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United States / Vermont / Rutland Metro Area / Rutland County / No City / West Rutland (zip 05777)
05777 West Rutland, VT is a small town located in the northwest corner of Vermont, about 25 miles east of the New York border and 75 miles south of Montreal. The quaint downtown area is home to a variety of local shops and businesses, including Brookview Veterinary Hospital, Hartshorn Farm Market, Horner Automotive Repair, and Vintech Instruments. The cost of living here is quite low when compared with the rest of the US; rent for 2 bedroom houses in this area is approximately $1,080 per month while the national average for such homes is $1,430. In addition to affordable rental prices, food costs are also lower with the grocery cost index being 105 compared to 100 in America at large. West Rutland offers a quiet atmosphere surrounded by lush green forests and rolling hills - a perfect place for those looking for an escape from the hustle and bustle of city life.

West Rutland (zip 05777) has an unemployment rate of 3.9%. The US average is 6.0%.

West Rutland (zip 05777) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.

Tax Rates for West Rutland (zip 05777)
- The Sales Tax Rate for West Rutland (zip 05777) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for West Rutland (zip 05777) 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 West Rutland (zip 05777)
- The average income of a West Rutland (zip 05777) resident is $25,494 a year. The US average is $28,555 a year.
- The Median household income of a West Rutland (zip 05777) resident is $54,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Rutland, VermontUnited States
  3.96
  -8.1%-6.2%
  26.4%33.5%
  6.0%6.2%
  6.6%4.6%
  $31,171$37,638
  $54,125$69,021
  $69,545$85,028
  Population by Occupation
  1.2%1.2%
  1.8%0.5%
  10.0%6.8%
  6.1%10.0%
  0.9%2.5%
  11.3%11.0%
  4.2%4.8%
  1.8%0.8%
  2.1%1.9%
  2.1%4.7%
  0.2%1.9%
  4.6%7.6%
  0.0%0.1%
  5.6%4.2%
  11.4%9.3%
  17.5%14.0%
  5.3%2.1%
  3.1%7.0%
  6.4%4.8%
  4.3%4.7%
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