Zip 05847 (Lowell, VT) Economy


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United States / Vermont / No Metro Area / Orleans County / No City / Lowell (zip 05847)
Lowell, VT 05847 is a small but vibrant community located in Orleans County. It has a population of only 767 people and an area of 7.1 square miles. Rent for a two bedroom apartment in the area is quite affordable at $940, and grocery cost index is slightly higher than the US average at 105, making it possible to find quality items here at a reasonable price. The town has several great local restaurants and companies worth visiting. Wilder Pub serves delicious burgers, sandwiches, pizzas and salads; while also offering outdoor seating during the summer months. Fox Hill Cheese Factory offers unique gourmet cheese products made right in Lowell with milk from nearby farms, which can be sampled and purchased onsite or online. Brewster River Pub & Brewery offers beer brewed in-house as well as pub food classics with specials often served on weekends. K&K Electric provides residential and commercial electrical services throughout the area and All Season's Landscaping is perfect for those who want to spruce up their yards with beautiful lawns, gardens and patios.

Lowell (zip 05847) has an unemployment rate of 4.5%. The US average is 6.0%.

Lowell (zip 05847) 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 Lowell (zip 05847)
- The Sales Tax Rate for Lowell (zip 05847) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lowell (zip 05847) 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 Lowell (zip 05847)
- The average income of a Lowell (zip 05847) resident is $21,073 a year. The US average is $28,555 a year.
- The Median household income of a Lowell (zip 05847) resident is $42,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLowell, VermontUnited States
  4.56
  -8.5%-6.2%
  27.0%33.5%
  6.0%6.2%
  6.6%4.6%
  $21,848$37,638
  $42,000$69,021
  $43,125$85,028
  Population by Occupation
  8.0%1.2%
  0.0%0.5%
  18.7%6.8%
  16.3%10.0%
  0.0%2.5%
  14.9%11.0%
  3.7%4.8%
  0.0%0.8%
  1.9%1.9%
  0.0%4.7%
  0.8%1.9%
  1.9%7.6%
  0.0%0.1%
  3.5%4.2%
  11.2%9.3%
  7.2%14.0%
  0.5%2.1%
  5.3%7.0%
  2.1%4.8%
  4.0%4.7%
Health