Zip 05446 (Colchester, VT) Economy


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Colchester, VT 05446 is a small town located in Chittenden County. This town is home to several local businesses such as Hillside Bulk Food Store and Colchester Gift Shop. There are also plenty of delicious restaurants such as Al's French Frys and China Inn for anyone looking for a bite to eat. For entertainment the town offers the Champlain Valley Expositions Fairgrounds, Green Mountain Rock Climbing Center, and the Magic Hat Brewery. The 2 bedroom rent in Colchester is $1,520, which is higher than the US average of $1,430. Additionally, the Grocery Cost Index in Colchester is 110 versus 100 in the US making groceries slightly more expensive here compared to elsewhere.

Colchester (zip 05446) has an unemployment rate of 2.6%. The US average is 6.0%.

Colchester (zip 05446) 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 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Colchester (zip 05446)
- The Sales Tax Rate for Colchester (zip 05446) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Colchester (zip 05446) 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 Colchester (zip 05446)
- The average income of a Colchester (zip 05446) resident is $33,442 a year. The US average is $28,555 a year.
- The Median household income of a Colchester (zip 05446) resident is $84,111 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColchester, VermontUnited States
  2.66
  -7.0%-6.2%
  29.7%33.5%
  7.0%6.2%
  6.6%4.6%
  $42,179$37,638
  $84,111$69,021
  $98,605$85,028
  Population by Occupation
  1.1%1.2%
  0.4%0.5%
  5.9%6.8%
  12.7%10.0%
  2.6%2.5%
  9.9%11.0%
  4.7%4.8%
  1.2%0.8%
  1.4%1.9%
  3.6%4.7%
  1.6%1.9%
  7.1%7.6%
  0.0%0.1%
  4.3%4.2%
  9.4%9.3%
  14.2%14.0%
  3.5%2.1%
  3.5%7.0%
  5.8%4.8%
  7.0%4.7%
Health