Cabot, Vermont (05647) is a small rural town located in the heart of the state. The population is around 1,000 people. The 2 bedroom rent in the area is $1,250 which is slightly less than the US average of $1,430. Grocery costs here are slightly more expensive with an index of 107 compared to 100 in the US. There are many local businesses operating in Cabot such as Cabot Creamery, Cider Hill Farm and Hole Hop Farm & Greenhouse. These all provide unique services to locals and tourists alike, making the area an attractive destination for those looking for a relaxing getaway away from it all.
Cabot (zip 05647) has an unemployment rate of 2.7%. The US average is 6.0%.
Cabot (zip 05647) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Cabot (zip 05647)
- The Sales Tax Rate for Cabot (zip 05647) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cabot (zip 05647) 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 Cabot (zip 05647)
- The average income of a Cabot (zip 05647) resident is $27,229 a year. The US average is $28,555 a year.
- The Median household income of a Cabot (zip 05647) resident is $63,525 a year. The US average is $69,021 a year.