Zip 05759 (North Clarendon, VT) Economy


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United States / Vermont / Rutland Metro Area / Rutland County / No City / North Clarendon (zip 05759)
05759 North Clarendon, VT is an affordable place to live. 2 Bedroom Rent in North Clarendon is $1,060 compared to the US average of $1,430. Grocery Cost Index in North Clarendon is 106 versus 100 in the US. This means that the area offers some of the lowest grocery costs around. There are many local companies to choose from such as Rutland Regional Medical Center, General Electric Aviation and Omya Inc., offering plenty of employment opportunities. Coupled with its affordability and abundance of jobs, North Clarendon is an ideal place to live for anyone looking for a change of scenery with low living expenses.

North Clarendon (zip 05759) has an unemployment rate of 3.9%. The US average is 6.0%.

North Clarendon (zip 05759) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.

Tax Rates for North Clarendon (zip 05759)
- The Sales Tax Rate for North Clarendon (zip 05759) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North Clarendon (zip 05759) 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 North Clarendon (zip 05759)
- The average income of a North Clarendon (zip 05759) resident is $28,454 a year. The US average is $28,555 a year.
- The Median household income of a North Clarendon (zip 05759) resident is $57,847 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Clarendon, VermontUnited States
  3.96
  -8.1%-6.2%
  26.4%33.5%
  6.0%6.2%
  6.6%4.6%
  $41,993$37,638
  $57,847$69,021
  $76,500$85,028
  Population by Occupation
  0.6%1.2%
  1.4%0.5%
  9.8%6.8%
  8.2%10.0%
  0.0%2.5%
  18.7%11.0%
  7.6%4.8%
  0.9%0.8%
  2.5%1.9%
  1.1%4.7%
  4.7%1.9%
  2.2%7.6%
  0.0%0.1%
  1.0%4.2%
  5.8%9.3%
  15.9%14.0%
  3.2%2.1%
  10.3%7.0%
  5.0%4.8%
  1.3%4.7%
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