The town of Londonderry, 05148 is a great place to live with an affordable cost of living. The average 2 bedroom rent in the area is $1,180 per month, while the US 2 bedroom rent is $1,430. Additionally, the grocery cost index for Londonderry is 104 compared to 100 in the US. This makes it an attractive option for those looking for a cost-effective hometown.
Londonderry also boasts a vibrant and diverse economy with many local businesses that contribute significantly to its growth. Among them are luxury golf resorts such as Magic Mountain Ski Resort and Stratton Mountain Resort where tourists from all over come to enjoy outdoor activities. There is also a variety of restaurants and cafes offering delicious food options like Diamonds Edge Restaurant & Pub and Great American BBQ & Grill. In addition, there are shops such as Northern Hardware & Home Center and Crossroads Country Store and several manufacturing companies such as Green Mountain Paper Products Inc and Vermont Candy Shoppe Corp., that provide job opportunities for locals as well as generate revenue for the town. All this contributes to making 05148 Londonderry a thriving community with plenty of economic activity taking place all year round.
Londonderry (zip 05148) has an unemployment rate of 4.0%. The US average is 6.0%.
Londonderry (zip 05148) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Londonderry (zip 05148)
- The Sales Tax Rate for Londonderry (zip 05148) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Londonderry (zip 05148) 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 Londonderry (zip 05148)
- The average income of a Londonderry (zip 05148) resident is $33,973 a year. The US average is $28,555 a year.
- The Median household income of a Londonderry (zip 05148) resident is $65,625 a year. The US average is $69,021 a year.