Zip 05354 (Vernon, VT) Economy


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United States / Vermont / No Metro Area / Windham County / No City / Vernon (zip 05354)
Vernon, Vermont (05354) is a small town located in Windham County. It has a population of just 837 people, according to the 2019 US census, and is known for its picturesque rural landscape. The average rent for a two-bedroom apartment in Vernon is $1,160 – significantly lower than the national average of $1,430. Living costs in Vernon are also cheaper than the national average, with the Grocery Cost Index standing at 105 compared to 100 across the US.
The area is home to several businesses including Ethan Allen Manufacturing (a furniture factory), All Souls School (a private primary school), and Countryside Veterinary Clinic (an animal hospital). There are also plenty of outdoor activities available nearby such as skiing, camping and fishing that attract visitors from around the country. All in all Vernon is an attractive and affordable place to live for those looking for a small-town lifestyle.

Vernon (zip 05354) has an unemployment rate of 4.0%. The US average is 6.0%.

Vernon (zip 05354) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.

Tax Rates for Vernon (zip 05354)
- The Sales Tax Rate for Vernon (zip 05354) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Vernon (zip 05354) 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 Vernon (zip 05354)
- The average income of a Vernon (zip 05354) resident is $31,694 a year. The US average is $28,555 a year.
- The Median household income of a Vernon (zip 05354) resident is $78,393 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVernon, VermontUnited States
  46
  -8.5%-6.2%
  22.2%33.5%
  6.0%6.2%
  6.6%4.6%
  $38,632$37,638
  $78,393$69,021
  $93,750$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  14.9%6.8%
  16.8%10.0%
  1.8%2.5%
  8.2%11.0%
  1.2%4.8%
  0.8%0.8%
  1.6%1.9%
  1.5%4.7%
  1.4%1.9%
  3.9%7.6%
  0.0%0.1%
  1.4%4.2%
  6.4%9.3%
  15.2%14.0%
  0.8%2.1%
  12.4%7.0%
  6.5%4.8%
  2.6%4.7%
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