Zip 05845 (Irasburg, VT) Economy


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United States / Vermont / No Metro Area / Orleans County / No City / Irasburg (zip 05845)
The small town of Irasburg, Vermont (05845) is a great place to live. With a population of less than 800 people, it's an ideal spot for those looking for a peaceful, rural atmosphere. The two bedroom rent in the area is $930—significantly lower than the national average of $1,430. Grocery costs are also moderate here; the index in Irasburg is 105 compared to 100 nationally.
Irasburg offers plenty for its residents to do and see, such as the nearby Lowell Lake State Park and Craftsbury Outdoor Center. There are several local companies operating in the area including Bixby’s Old West Store and Bessette’s Country Store located downtown. A short drive outside of town will lead visitors past Green Mountain Orchards in Wolcott and Brightwood Stables Horseback Riding in Coventry. All of these places can be found within 10 miles of Irasburg, making them great day trips or weekend getaways!

Irasburg (zip 05845) has an unemployment rate of 4.5%. The US average is 6.0%.

Irasburg (zip 05845) 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 Irasburg (zip 05845)
- The Sales Tax Rate for Irasburg (zip 05845) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Irasburg (zip 05845) 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 Irasburg (zip 05845)
- The average income of a Irasburg (zip 05845) resident is $23,173 a year. The US average is $28,555 a year.
- The Median household income of a Irasburg (zip 05845) resident is $60,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIrasburg, VermontUnited States
  4.56
  -8.5%-6.2%
  27.0%33.5%
  6.0%6.2%
  6.6%4.6%
  $25,656$37,638
  $60,000$69,021
  $65,781$85,028
  Population by Occupation
  7.1%1.2%
  0.0%0.5%
  9.1%6.8%
  4.1%10.0%
  0.4%2.5%
  5.8%11.0%
  1.1%4.8%
  0.3%0.8%
  0.1%1.9%
  1.1%4.7%
  0.0%1.9%
  3.6%7.6%
  0.0%0.1%
  2.0%4.2%
  11.5%9.3%
  17.9%14.0%
  0.0%2.1%
  6.8%7.0%
  20.2%4.8%
  8.7%4.7%
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