Zip 05765 (Proctor, VT) Economy


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United States / Vermont / Rutland Metro Area / Rutland County / No City / Proctor (zip 05765)
Proctor, Vermont is a small town located in Rutland County with a population of just over 1,500 people. The town has many attractions including the Proctor Farmers Market, where visitors can buy fresh produce and local products. There are also excellent restaurants in the area such as the Mexican-style El Toro Loco and the Italian spot Pizza by Angela. For outdoor activities, residents can enjoy hiking through nearby Bomoseen State Park or kayaking on Lake Bomoseen. Additionally, each year the town hosts its annual Proctor Maple Festival which celebrates all things maple syrup related with activities like a pancake eating contest and craft vendors. The median 2 bedroom rent in Proctor is $1,120 compared to the US median of $1,430 while grocery cost index in Proctor is 105 compared to 100 in the US.

Proctor (zip 05765) has an unemployment rate of 3.9%. The US average is 6.0%.

Proctor (zip 05765) 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 Proctor (zip 05765)
- The Sales Tax Rate for Proctor (zip 05765) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Proctor (zip 05765) 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 Proctor (zip 05765)
- The average income of a Proctor (zip 05765) resident is $29,063 a year. The US average is $28,555 a year.
- The Median household income of a Proctor (zip 05765) resident is $66,923 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyProctor, VermontUnited States
  3.96
  -8.1%-6.2%
  26.4%33.5%
  6.0%6.2%
  6.6%4.6%
  $29,267$37,638
  $66,923$69,021
  $77,250$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  8.9%6.8%
  9.8%10.0%
  6.5%2.5%
  10.0%11.0%
  2.8%4.8%
  3.8%0.8%
  0.4%1.9%
  2.7%4.7%
  0.3%1.9%
  6.2%7.6%
  0.0%0.1%
  2.0%4.2%
  6.9%9.3%
  20.9%14.0%
  1.4%2.1%
  8.8%7.0%
  5.5%4.8%
  2.5%4.7%
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