Newport Center, VT 05857 is a small village located in the northern part of Vermont. This rural area offers affordable living with an average two bedroom rent of $960, which is significantly less expensive than the national US average of $1,430. The cost of goods in Newport Center is slightly higher than the US average at 106 on the Grocery Cost Index versus 100 for the entire United States.
In Newport Center, there are a range of local businesses and services available to residents and visitors. Examples include Northeastern Auto Glass (auto parts & services), Great North Maps (maps & navigation equipment), Doody's Superette (grocery store), Oakes Groceria (cafe & deli) and Bean's Family Restaurant (restaurant).
Newport Center (zip 05857) has an unemployment rate of 4.5%. The US average is 6.0%.
Newport Center (zip 05857) 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 Newport Center (zip 05857)
- The Sales Tax Rate for Newport Center (zip 05857) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newport Center (zip 05857) 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 Newport Center (zip 05857)
- The average income of a Newport Center (zip 05857) resident is $22,823 a year. The US average is $28,555 a year.
- The Median household income of a Newport Center (zip 05857) resident is $68,750 a year. The US average is $69,021 a year.