Zip 05732 (Bomoseen, VT) Economy


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United States / Vermont / Rutland Metro Area / Rutland County / No City / Bomoseen (zip 05732)
Bomoseen, VT (05732) offers affordable living for residents looking to live in the area. The average 2 Bedroom rental rate is $1,090, which is significantly lower than the national US average of $1,430. Grocery Cost Index is also low in this area at 106 compared to the 100 in the US. This makes Bomoseen an ideal place to live for those on a budget. Local businesses such as D&D Automotive and Bomoseen Lodge & Restaurant have enhanced this small community, providing services for locals and visitors alike. These local companies are essential to keeping Bomoseen vibrant and growing as they provide employment opportunities and much-needed goods and services within the town.

Bomoseen (zip 05732) has an unemployment rate of 3.9%. The US average is 6.0%.

Bomoseen (zip 05732) 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 Bomoseen (zip 05732)
- The Sales Tax Rate for Bomoseen (zip 05732) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bomoseen (zip 05732) 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 Bomoseen (zip 05732)
- The average income of a Bomoseen (zip 05732) resident is $22,345 a year. The US average is $28,555 a year.
- The Median household income of a Bomoseen (zip 05732) resident is $39,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBomoseen, VermontUnited States
  3.96
  -8.1%-6.2%
  26.4%33.5%
  6.0%6.2%
  6.6%4.6%
  $30,103$37,638
  $39,792$69,021
Family Median Income 85028
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