Zip 05478 (Saint Albans, VT) Economy


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05478 Saint Albans, VT is a great place to live and work. The 2 bedroom rent in the area is just $1,440 per month – significantly less than the US average of $1,430. This makes it a great option for young families looking to find affordable housing without sacrificing convenience. Grocery prices are also slightly higher than the national average but still affordable compared to other areas.
When living in 05478 Saint Albans, you will be well served with local businesses. Some favourites include Shaw's Supermarket for groceries, St Albans Cooperative Creamery for dairy products and Sweet Clover Market for unique food items from all over the world. You can also enjoy delicious homemade meals at restaurants like Waldo’s Tavern & Pub or Doc Ponds Stowe Kitchen & Bar.
There are plenty of attractions nearby too! Take a drive up Vermont’s highest peak Mount Mansfield or spend some time exploring Historic Downtown St Albans' shops and cafes. Other highlights in the area include Taylor Park Beach, Missisquoi National Wildlife Refuge and a variety of outdoor activities such as hiking, fishing and skiing at nearby Jay Peak Resort.

Saint Albans (zip 05478) has an unemployment rate of 3.2%. The US average is 6.0%.

Saint Albans (zip 05478) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Saint Albans (zip 05478)
- The Sales Tax Rate for Saint Albans (zip 05478) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Saint Albans (zip 05478) 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 Saint Albans (zip 05478)
- The average income of a Saint Albans (zip 05478) resident is $33,811 a year. The US average is $37,638 a year.
- The Median household income of a Saint Albans (zip 05478) resident is $63,525 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySaint Albans, VermontUnited States
  3.26
  -7.4%-6.2%
  29.1%33.5%
  6.0%6.2%
  6.6%4.6%
  $33,811$37,638
  $63,525$69,021
  $87,742$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  4.7%6.8%
  17.2%10.0%
  3.9%2.5%
  15.4%11.0%
  2.7%4.8%
  0.2%0.8%
  1.0%1.9%
  3.0%4.7%
  1.2%1.9%
  4.2%7.6%
  0.1%0.1%
  2.7%4.2%
  10.5%9.3%
  13.3%14.0%
  0.6%2.1%
  6.1%7.0%
  3.0%4.8%
  8.0%4.7%
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