Chelsea, VT (05038) is a small town located in central Vermont. It has a population of around 1,500 according to the most recent census count. The town has a low cost of living, with two bedroom rent averaging $1,130 per month compared to the US average of $1,430. Grocery costs are also cheaper here with an index of 105 versus 100 in the US.
Chelsea is home to many local businesses such as Chelsea Market Place and Country Store which offers groceries and other goods; Riverside Farm which sells fresh vegetables; and Plumley's Sawmill & Woodshop which provides quality wood products. Residents looking for continuing education opportunities can access Green Mountain College or Johnson State College both of which are located nearby. With its rural setting, charming villages, and low-cost living Chelsea, VT (05038) offers a peaceful lifestyle that is hard to find elsewhere.
Chelsea (zip 05038) has an unemployment rate of 3.1%. The US average is 6.0%.
Chelsea (zip 05038) has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Chelsea (zip 05038)
- The Sales Tax Rate for Chelsea (zip 05038) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chelsea (zip 05038) 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 Chelsea (zip 05038)
- The average income of a Chelsea (zip 05038) resident is $27,958 a year. The US average is $37,638 a year.
- The Median household income of a Chelsea (zip 05038) resident is $58,869 a year. The US average is $69,021 a year.