The town of 05748 Hancock, VT is a great place to live with an affordable 2 bedroom rent of $1,190, which is lower than the national average of $1,430. The Grocery Cost Index in Hancock is also 105 versus 100 in the US, meaning grocery costs are relatively low. In terms of amenities and entertainment options, Hancock offers local companies such as Pasco's Restaurant & Pub for delicious meals and sandwiches, Vinsign Productions for film and photography services, and Fieldstone Farm for family fun activities like horseback riding. All these businesses contribute to making Hancock a great place to live.
Hancock (zip 05748) has an unemployment rate of 2.7%. The US average is 6.0%.
Hancock (zip 05748) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Hancock (zip 05748)
- The Sales Tax Rate for Hancock (zip 05748) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hancock (zip 05748) 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 Hancock (zip 05748)
- The average income of a Hancock (zip 05748) resident is $20,664 a year. The US average is $28,555 a year.
- The Median household income of a Hancock (zip 05748) resident is $64,449 a year. The US average is $69,021 a year.