Economy in Zip 05873 (West Danville, VT)

The small town of 05873 West Danville, VT offers a relatively affordable cost of living with the average 2 bedroom rent coming in at $960 compared to the US average of $1,430. Grocery costs are slightly higher with an index score of 106 compared to 100 in the US. To protect their rental residence from any unforeseen circumstances, it is wise for residents to look into local companies that offer renters insurance such as Allstate Insurance Company or State Farm Mutual Automobile Insurance Company. For instance, most renters policies cover your belongings against theft or damage caused by fire and smoke. Additionally, some policies may also provide coverage when you're away from home against theft or damage due to vandalism or windstorms.

West Danville (zip 05873) has an unemployment rate of 3.5%. The US average is 6.0%.

West Danville (zip 05873) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for West Danville (zip 05873)
- The Sales Tax Rate for West Danville (zip 05873) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for West Danville (zip 05873) 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 West Danville (zip 05873)
- The average income of a West Danville (zip 05873) resident is $27,494 a year. The US average is $28,555 a year.
- The Median household income of a West Danville (zip 05873) resident is $79,063 a year. The US average is $69,021 a year.