Zip 05762 (Pittsfield, VT) Economy


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United States / Vermont / Rutland Metro Area / Rutland County / No City / Pittsfield (zip 05762)
Pittsfield, VT is a small town located in rural Vermont with a population of just 804 people. It is known for its outdoor activities such as skiing, ice skating, snowmobiling and hiking at nearby Mount Prospect ski area. The median two bedroom rent cost in Pittsfield is $1,070 which is substantially lower than the US median of $1,430. The Grocery Cost Index in Pittsfield is 106 versus the US index of 100 indicating that basic items such as food and beverages are slightly more expensive here than elsewhere.
Pittsfield has several local companies that provide goods and services to the community including Four Seasons Market which offers fresh produce and Delish Bakery which specializes in cakes and pastries. Popular attractions in the area include Mascara Lakeside Weddings & Events where one can enjoy breathtaking views of Mascara Lake from their outdoor event space or take part in their summer wedding packages. There are also numerous museums including the Black River Academy Museum featuring artifacts from the 1800s to present day.

Pittsfield (zip 05762) has an unemployment rate of 3.9%. The US average is 6.0%.

Pittsfield (zip 05762) 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 Pittsfield (zip 05762)
- The Sales Tax Rate for Pittsfield (zip 05762) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pittsfield (zip 05762) 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 Pittsfield (zip 05762)
- The average income of a Pittsfield (zip 05762) resident is $26,672 a year. The US average is $28,555 a year.
- The Median household income of a Pittsfield (zip 05762) resident is $58,162 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPittsfield, VermontUnited States
  3.96
  -8.1%-6.2%
  26.4%33.5%
  6.0%6.2%
  6.6%4.6%
  $38,102$37,638
  $58,162$69,021
  $85,139$85,028
  Population by Occupation
  9.6%1.2%
  0.0%0.5%
  15.5%6.8%
  0.9%10.0%
  0.0%2.5%
  6.8%11.0%
  5.9%4.8%
  0.0%0.8%
  4.1%1.9%
  4.6%4.7%
  8.2%1.9%
  6.4%7.6%
  0.0%0.1%
  0.9%4.2%
  6.4%9.3%
  5.9%14.0%
  17.8%2.1%
  2.7%7.0%
  0.0%4.8%
  4.1%4.7%
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