Zip 05483 (Sheldon, VT) Economy


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Sheldon, VT 05483 is a beautiful town located in northwest Vermont. It is known for its vibrant culture, rich history, and picturesque landscapes. The cost of living here is relatively low compared to other places in the United States; two bedroom rent averages at $1,570 which is lower than the national average of $1,430. The grocery cost index here is 107 versus 100 in the US, so groceries are slightly more expensive here than elsewhere.
There are plenty of local companies located in and around Sheldon that offer residents quality services and goods. Some examples include Vermont Technical College, URS Corporation, Green Mountain Power Corporation, City Market/Onion River Co-op, Wave Wireless LLC, and Charlotte Central School District. All of these companies provide valuable resources to locals and help make life easier for them.

Sheldon (zip 05483) has an unemployment rate of 3.2%. The US average is 6.0%.

Sheldon (zip 05483) 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 Sheldon (zip 05483)
- The Sales Tax Rate for Sheldon (zip 05483) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sheldon (zip 05483) 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 Sheldon (zip 05483)
- The average income of a Sheldon (zip 05483) resident is $25,862 a year. The US average is $28,555 a year.
- The Median household income of a Sheldon (zip 05483) resident is $61,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySheldon, VermontUnited States
  3.26
  -7.4%-6.2%
  29.1%33.5%
  6.0%6.2%
  6.6%4.6%
  $30,745$37,638
  $61,250$69,021
  $82,500$85,028
  Population by Occupation
  5.2%1.2%
  1.0%0.5%
  8.1%6.8%
  31.5%10.0%
  3.5%2.5%
  13.2%11.0%
  3.8%4.8%
  0.0%0.8%
  3.7%1.9%
  0.7%4.7%
  0.7%1.9%
  1.7%7.6%
  0.0%0.1%
  4.7%4.2%
  7.1%9.3%
  6.6%14.0%
  0.0%2.1%
  1.8%7.0%
  2.3%4.8%
  4.4%4.7%
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