South Royalton, VT (05068) is a quaint small town located in the beautiful state of Vermont. The median 2 bedroom rent for this area is $1,130 which is significantly less than the national average of $1,430. The grocery cost index for South Royalton is 107 versus 100 in the US - meaning food here costs slightly more than the national average. This may be accounted for by the fact that there are few large grocery stores in this rural community, with most residents opting to shop at smaller local markets such as Douglass and Valley Market, both situated in the heart of South Royalton.
Local factors that make South Royalton a desirable place to live include its proximity to White River Junction, which has a variety of cultural attractions and entertainment venues; its close proximity to ski resorts; and its many outdoor recreational activities such as fishing, hiking and camping. In terms of employment opportunities, some companies with offices in South Royalton include Pizzagalli Construction Company, Union Mutual Insurance Company and Plastiplast Corp.
South Royalton (zip 05068) has an unemployment rate of 3.3%. The US average is 6.0%.
South Royalton (zip 05068) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for South Royalton (zip 05068)
- The Sales Tax Rate for South Royalton (zip 05068) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for South Royalton (zip 05068) 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 Royalton (zip 05068)
- The average income of a South Royalton (zip 05068) resident is $39,064 a year. The US average is $37,638 a year.
- The Median household income of a South Royalton (zip 05068) resident is $66,450 a year. The US average is $69,021 a year.