The town of 05454 Fairfax, VT is an area with a lower cost of living than most other places in the United States. The average two-bedroom rent is $1,710 as opposed to the US average of $1,430. Additionally, the grocery cost index in 05454 Fairfax is 109 compared to the national index of 100.
05454 Fairfax has several local businesses and amenities to serve its residents and visitors. Examples include Atkins Market which offers fresh produce and meats and Gagnon's Apparel which provides clothing for all occasions. Food lovers can also enjoy dining at La Cigale which serves French cuisine and at The Pitstop Cafe & Creamery which specializes in burgers and ice cream.
Fairfax (zip 05454) has an unemployment rate of 2.7%. The US average is 6.0%.
Fairfax (zip 05454) 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 Fairfax (zip 05454)
- The Sales Tax Rate for Fairfax (zip 05454) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fairfax (zip 05454) 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 Fairfax (zip 05454)
- The average income of a Fairfax (zip 05454) resident is $36,056 a year. The US average is $37,638 a year.
- The Median household income of a Fairfax (zip 05454) resident is $91,583 a year. The US average is $69,021 a year.