Zip 05842 (Greensboro Bend, VT) Economy


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United States / Vermont / No Metro Area / Orleans County / No City / Greensboro Bend (zip 05842)
Greensboro Bend, VT 05842 is a rural and serene town located in Northern Vermont. It has a small population of only 549 people. The 2 bedroom rent in Greensboro Bend is $930, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Greensboro Bend is 104 versus 100 in the US.
Greensboro Bend is home to several local businesses such as Greensboro General Store and The Farmhouse Tap and Grill. Other local companies include Shine Salon & Boutique, Valley Glass & Mirror, Benton's Maple Syrup, and C&S Paving & Excavation. These businesses provide jobs and economic growth to the town while also providing locals with essential services like food and everyday items at an affordable price.

Greensboro Bend (zip 05842) has an unemployment rate of 4.5%. The US average is 6.0%.

Greensboro Bend (zip 05842) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.

Tax Rates for Greensboro Bend (zip 05842)
- The Sales Tax Rate for Greensboro Bend (zip 05842) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Greensboro Bend (zip 05842) 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 Greensboro Bend (zip 05842)
- The average income of a Greensboro Bend (zip 05842) resident is $18,204 a year. The US average is $28,555 a year.
- The Median household income of a Greensboro Bend (zip 05842) resident is $61,615 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreensboro Bend, VermontUnited States
  4.56
  -8.5%-6.2%
  27.0%33.5%
  6.0%6.2%
  6.6%4.6%
  $29,446$37,638
  $61,615$69,021
  $68,750$85,028
  Population by Occupation
  5.7%1.2%
  0.0%0.5%
  10.1%6.8%
  7.1%10.0%
  5.4%2.5%
  13.5%11.0%
  4.7%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.7%1.9%
  2.4%7.6%
  0.0%0.1%
  4.7%4.2%
  13.8%9.3%
  15.2%14.0%
  4.0%2.1%
  6.4%7.0%
  5.4%4.8%
  1.0%4.7%
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