Hinesburg, Vermont (05461) is a small town with an affordable rent. The average two bedroom rent in Hinesburg is $1,520 compared to the national average of $1,430. Additionally, groceries here have a Grocery Cost Index of 112 compared to the US index of 100. With such cost savings, it's no wonder people are moving into the area.
The local economy in Hinesburg is thriving due to the presence of numerous businesses and industries. Notable companies in the area include Vermont Bean Crafters, which produces scrumptious vegan items; Blue Spruce Construction & Design, a home improvement company; and the award-winning Village Grocery Deli & Bakery, which offers freshly baked breads and tasty sandwiches. Other businesses such as auto shops, pet stores, hair salons and more can also be found in Hinesburg. All of these businesses contribute to the vibrant atmosphere of the town making it an ideal place to live and work.
Hinesburg (zip 05461) has an unemployment rate of 2.7%. The US average is 6.0%.
Hinesburg (zip 05461) 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 Hinesburg (zip 05461)
- The Sales Tax Rate for Hinesburg (zip 05461) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hinesburg (zip 05461) 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 Hinesburg (zip 05461)
- The average income of a Hinesburg (zip 05461) resident is $32,336 a year. The US average is $28,555 a year.
- The Median household income of a Hinesburg (zip 05461) resident is $104,631 a year. The US average is $69,021 a year.