Zip 05445 (Charlotte, VT) Economy


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Charlotte, Vermont (05445) is a quaint town nestled along Lake Champlain. The two bedroom rent in this area is quite high at $2,090 compared to the US average of $1,430. Grocery cost index here is 117 verses 100 in the US. Living here offers a quiet respite from city life with beautiful views and amazing amenities to explore. There are plenty of local companies to explore such as Fiddlehead Brewery, Schuylers Chocolates & Ice Cream Shoppe, and Charlotte VT Farm Store. Additionally, visitors can enjoy outdoor activities like hiking around Mount Philo or fishing at Weybridge Pond. Charlotte also has an incredible arts and culture scene with events like the annual Art on the Green Festival and many more throughout the year.

Charlotte (zip 05445) has an unemployment rate of 2.7%. The US average is 6.0%.

Charlotte (zip 05445) 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 Charlotte (zip 05445)
- The Sales Tax Rate for Charlotte (zip 05445) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Charlotte (zip 05445) 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 Charlotte (zip 05445)
- The average income of a Charlotte (zip 05445) resident is $66,005 a year. The US average is $28,555 a year.
- The Median household income of a Charlotte (zip 05445) resident is $111,535 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlotte, VermontUnited States
  2.76
  -7.0%-6.2%
  30.7%33.5%
  6.0%6.2%
  6.6%4.6%
  $60,302$37,638
  $111,535$69,021
  $133,026$85,028
  Population by Occupation
  5.5%1.2%
  0.0%0.5%
  14.9%6.8%
  9.9%10.0%
  2.6%2.5%
  9.8%11.0%
  1.7%4.8%
  0.0%0.8%
  2.4%1.9%
  3.5%4.7%
  0.8%1.9%
  11.0%7.6%
  0.0%0.1%
  1.4%4.2%
  10.4%9.3%
  14.5%14.0%
  0.2%2.1%
  2.2%7.0%
  4.6%4.8%
  4.7%4.7%
Health