Zip 05859 (North Troy, VT) Economy


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United States / Vermont / No Metro Area / Orleans County / No City / North Troy (zip 05859)
The small town of North Troy, VT (05859) is an idyllic place to live. With a population of less than 1500 people, the town is quaint and peaceful. Despite its size, North Troy offers more than enough essential services for everyday life. 2 bedroom rent in North Troy averages around $960 per month, significantly lower than the US average of $1,430. Additionally, grocery cost index is 105 as opposed to 100 in the US. The selection of local companies and services includes Rota-Rye market for groceries, Riverside Auto for mechanical needs, and Blynkin's Barbershop for haircuts. North Troy may be small but it provides many vital options for residents with a warm and welcoming atmosphere.

North Troy (zip 05859) has an unemployment rate of 4.5%. The US average is 6.0%.

North Troy (zip 05859) 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 North Troy (zip 05859)
- The Sales Tax Rate for North Troy (zip 05859) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North Troy (zip 05859) 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 Troy (zip 05859)
- The average income of a North Troy (zip 05859) resident is $19,357 a year. The US average is $28,555 a year.
- The Median household income of a North Troy (zip 05859) resident is $65,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Troy, VermontUnited States
  4.56
  -8.5%-6.2%
  27.0%33.5%
  6.0%6.2%
  6.6%4.6%
  $32,814$37,638
  $65,792$69,021
  $79,457$85,028
  Population by Occupation
  9.4%1.2%
  0.0%0.5%
  9.4%6.8%
  8.2%10.0%
  0.8%2.5%
  9.7%11.0%
  3.6%4.8%
  0.1%0.8%
  0.3%1.9%
  1.5%4.7%
  0.0%1.9%
  2.2%7.6%
  0.0%0.1%
  1.7%4.2%
  6.1%9.3%
  14.7%14.0%
  6.5%2.1%
  8.0%7.0%
  5.7%4.8%
  12.1%4.7%
Health