Zip 05403 (South Burlington, VT) Economy


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South Burlington, VT (05403) is a unique town that is home to around 19,000 people. The median two-bedroom rent in South Burlington is $1,780 per month, which is significantly higher than the US median of $1,430 per month. Additionally, the Grocery Cost Index in South Burlington is substantially higher than the average of 100 for the entire United States at 110. As one of Vermont’s largest cities with a variety of local businesses including Gardener’s Supply Company and Big Picture Theater & Cafe, South Burlington offers a diverse array of choices for shopping and entertainment.

South Burlington (zip 05403) has an unemployment rate of 2.5%. The US average is 6.0%.

South Burlington (zip 05403) 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 33.0%, which is lower than the US average of 33.5%.

Tax Rates for South Burlington (zip 05403)
- The Sales Tax Rate for South Burlington (zip 05403) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for South Burlington (zip 05403) 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 South Burlington (zip 05403)
- The average income of a South Burlington (zip 05403) resident is $49,306 a year. The US average is $37,638 a year.
- The Median household income of a South Burlington (zip 05403) resident is $83,943 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Burlington, VermontUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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