Zip 05251 (Dorset, VT) Economy


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Dorset, VT is a small town located in 05251. With only 1,200 residents, it’s known for its rural setting and tight-knit community. The median 2 bedroom rent in Dorset is $1,630, which is slightly higher than the US median of $1,430. Grocery Cost Index records Dorset at 107 versus the US at 100.
Living in Dorset offers all the perks of a small town but with access to big city amenities. There are several local companies such as Taconic Artisans that offer handmade furniture from local Vermont wood. The Farm Table Inn provides delicious cuisine using locally sourced ingredients and products from area farmers. There are also many outdoor activities to enjoy like fishing and boating on Lake St Catherine or hiking in nearby Bomoseen State Park.
The lifestyle in Dorset is all about enjoying the simple pleasures of life like family time, fresh air, and exploring nature. People here are friendly and welcoming and take great pride in their community. It's a great place to raise a family or just relax and enjoy the beauty of Vermont.

Dorset (zip 05251) has an unemployment rate of 4.0%. The US average is 6.0%.

Dorset (zip 05251) has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.

Tax Rates for Dorset (zip 05251)
- The Sales Tax Rate for Dorset (zip 05251) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dorset (zip 05251) 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 Dorset (zip 05251)
- The average income of a Dorset (zip 05251) resident is $46,138 a year. The US average is $37,638 a year.
- The Median household income of a Dorset (zip 05251) resident is $86,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDorset, VermontUnited States
  46
  -9.5%-6.2%
  26.1%33.5%
  6.0%6.2%
  6.6%4.6%
  $46,138$37,638
  $86,000$69,021
  $130,085$85,028
  Population by Occupation
  4.3%1.2%
  0.0%0.5%
  4.1%6.8%
  10.4%10.0%
  2.8%2.5%
  17.2%11.0%
  0.0%4.8%
  3.3%0.8%
  0.9%1.9%
  7.4%4.7%
  2.2%1.9%
  10.0%7.6%
  0.0%0.1%
  0.0%4.2%
  6.1%9.3%
  15.7%14.0%
  5.5%2.1%
  1.9%7.0%
  4.8%4.8%
  3.5%4.7%
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