05770 Shoreham, VT is a small town in the heart of Addison County in Vermont. The cost of living here is quite affordable with 2 bedroom rent averaging at only $1,220 per month. This is significantly cheaper than the national average of $1,430 for 2 bedroom rent. Groceries are also much cheaper in 05770 Shoreham compared to the US, with an index score of 108 versus the US’s 100. Local companies like Green Circle Market offer fresh local produce at a great price while Chris' Marketplace offers a wide selection of natural and organic foods. Both supermarkets have competitive prices that make it easy for residents to save money on groceries.
Shoreham (zip 05770) has an unemployment rate of 2.7%. The US average is 6.0%.
Shoreham (zip 05770) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Shoreham (zip 05770)
- The Sales Tax Rate for Shoreham (zip 05770) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shoreham (zip 05770) 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 Shoreham (zip 05770)
- The average income of a Shoreham (zip 05770) resident is $32,754 a year. The US average is $28,555 a year.
- The Median household income of a Shoreham (zip 05770) resident is $75,000 a year. The US average is $69,021 a year.