Cambridge, VT (05444) is a small town located in Lamoille County. The median 2 Bedroom rent in Cambridge is $1,360 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Cambridge is 108 versus 100 nationally. These factors make Cambridge an attractive area for those hoping to live comfortably while keeping costs low.
Cambridge has a few local businesses that offer services and products to its community. These include Pristine Hospitality Café and Pub, a popular restaurant and bar; Mother Myrick’s Confectionery, where customers can purchase homemade sweets and treats; and the Den of Cambridge, a retail store with a variety of gifts items and souvenirs. There are also several small businesses offering services such as landscaping or pet grooming in the area.
Cambridge (zip 05444) has an unemployment rate of 2.7%. The US average is 6.0%.
Cambridge (zip 05444) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Cambridge (zip 05444)
- The Sales Tax Rate for Cambridge (zip 05444) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cambridge (zip 05444) 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 Cambridge (zip 05444)
- The average income of a Cambridge (zip 05444) resident is $31,775 a year. The US average is $28,555 a year.
- The Median household income of a Cambridge (zip 05444) resident is $67,292 a year. The US average is $69,021 a year.