Richmond, Vermont (05477) is a town nestled in the rolling hills of the Mt. Mansfield State Forest. It has a population of about 4,100 people and offers beautiful views of the surrounding mountains and valleys. Richmond also offers an affordable cost of living with two bedroom rent averaging $1,400, which is only slightly higher than the national average of $1,430. The Grocery Cost Index is also relatively low at 112 compared to 100 nationally. Local businesses include Richmond Market & Deli where you can find all your grocery needs as well as hot food and snacks on-the-go. If you need hardware or home supplies then Goss Lumber Co Inc has it all. For something special try Mountain View Farm LLC which provides locally grown produce and homemade maple syrup products as well as offering educational farm tours for visitors. All in all Richmond is a great place full of friendly people and wonderful local businesses worth exploring!
Richmond (zip 05477) has an unemployment rate of 2.7%. The US average is 6.0%.
Richmond (zip 05477) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Richmond (zip 05477)
- The Sales Tax Rate for Richmond (zip 05477) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Richmond (zip 05477) 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 Richmond (zip 05477)
- The average income of a Richmond (zip 05477) resident is $49,976 a year. The US average is $37,638 a year.
- The Median household income of a Richmond (zip 05477) resident is $105,428 a year. The US average is $69,021 a year.