Springfield, VT (zip code 05156) is a charming town located in the heart of the Green Mountains. With its close proximity to many outdoor activities such as skiing, hiking, and mountain biking, Springfield provides a unique opportunity to experience nature on a daily basis. The median rent for a two bedroom apartment in this area is $1,130 - significantly lower than the national average of $1,430. Additionally, residents here enjoy lower costs of living with its Grocery Cost Index being 104 versus 100 nationwide.
The local economy is bolstered by companies like Springfield Machine Co., American Precision Museum, and Vermont Castings foundry. For recreational activities there are several golf courses including Poultney Country Club and Springfield Country Club; as well as natural attractions such as Quechee Gorge State Park and Lake Bomoseen State Park nearby. All in all, Springfield is an affordable place to live with many opportunities for entertainment and exploration of the outdoors.
Springfield (zip 05156) has an unemployment rate of 3.3%. The US average is 6.0%.
Springfield (zip 05156) 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 Springfield (zip 05156)
- The Sales Tax Rate for Springfield (zip 05156) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Springfield (zip 05156) 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 Springfield (zip 05156)
- The average income of a Springfield (zip 05156) resident is $24,574 a year. The US average is $28,555 a year.
- The Median household income of a Springfield (zip 05156) resident is $57,147 a year. The US average is $69,021 a year.