Zip 05473 (North Ferrisburgh, VT) Economy


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United States / Vermont / No Metro Area / Addison County / No City / North Ferrisburgh (zip 05473)
05473 North Ferrisburgh, VT is a small town located off the shores of Lake Champlain. It's known for its quiet and peaceful atmosphere, with plenty of outdoor activities that make it a popular spot for vacationers and locals alike. The average two-bedroom rent in North Ferrisburgh is only $760 per month, which is significantly lower than the US average of $1,430. The grocery cost index in North Ferrisburgh is also lower than the US average at 111 versus 100.
The town has plenty to offer both residents and visitors alike. Local businesses such as Bigwood Breads bakery, Yesterdays Restaurant & Pub, and Joshua's Firewood provide quality goods and services for the community. Every summer the North Ferrisburgh Community Center holds an annual fair celebrating local culture with lots of games, food vendors, live music performances and more. All year round people can enjoy nearby walking trails at Kingsland Bay State Park or take a ride on the Shelburne Museum’s steamboat Spirit of Ethan Allen III on Lake Champlain. No matter what time of year it is there's always something to do in North Ferrisburgh!

North Ferrisburgh (zip 05473) has an unemployment rate of 2.7%. The US average is 6.0%.

North Ferrisburgh (zip 05473) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for North Ferrisburgh (zip 05473)
- The Sales Tax Rate for North Ferrisburgh (zip 05473) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North Ferrisburgh (zip 05473) 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 Ferrisburgh (zip 05473)
- The average income of a North Ferrisburgh (zip 05473) resident is $37,350 a year. The US average is $28,555 a year.
- The Median household income of a North Ferrisburgh (zip 05473) resident is $99,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Ferrisburgh, VermontUnited States
  2.76
  -6.2%-6.2%
  29.9%33.5%
  6.0%6.2%
  6.6%4.6%
  $49,798$37,638
  $99,000$69,021
  $109,531$85,028
  Population by Occupation
  4.3%1.2%
  0.0%0.5%
  13.6%6.8%
  8.6%10.0%
  0.9%2.5%
  16.8%11.0%
  2.6%4.8%
  1.5%0.8%
  0.4%1.9%
  2.0%4.7%
  1.3%1.9%
  11.0%7.6%
  0.0%0.1%
  3.6%4.2%
  5.6%9.3%
  13.7%14.0%
  0.2%2.1%
  4.9%7.0%
  5.5%4.8%
  3.4%4.7%
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