Zip 05359 (West Townshend, VT) Economy


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United States / Vermont / No Metro Area / Windham County / No City / West Townshend (zip 05359)
05359 West Townshend, VT is a small town located in the beautiful Green Mountains. The area boasts breathtaking views of the surrounding countryside and great access to outdoor activities like skiing, hiking, fishing, and more. The cost of living is reasonable in comparison to other areas; specifically, 2 bedroom rent averages $1,140 versus the US average of $1,430. Additionally, grocery costs are slightly higher than the national average with an index of 104 versus 100 for the US.
West Townshend is home to many small businesses such as the local post office, general store, library, fire department and a historical museum. The area also boasts several restaurants and cafes such as Verma's Grill & Tavern and West Townshend Country Store & Cafe. Other nearby amenities include skiing at Ascutney Mountain or Bromley Mountain Ski Resort, golfing at Hidden Valley Golf Course or fishing along Black River or White River.

West Townshend (zip 05359) has an unemployment rate of 4.0%. The US average is 6.0%.

West Townshend (zip 05359) 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 West Townshend (zip 05359)
- The Sales Tax Rate for West Townshend (zip 05359) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for West Townshend (zip 05359) 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 Townshend (zip 05359)
- The average income of a West Townshend (zip 05359) resident is $32,608 a year. The US average is $28,555 a year.
- The Median household income of a West Townshend (zip 05359) resident is $65,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Townshend, VermontUnited States
  46
  -8.5%-6.2%
  22.2%33.5%
  6.0%6.2%
  6.6%4.6%
  $28,258$37,638
  $65,000$69,021
  $80,882$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  21.0%6.8%
  12.5%10.0%
  1.0%2.5%
  7.5%11.0%
  4.4%4.8%
  0.0%0.8%
  0.0%1.9%
  1.4%4.7%
  1.7%1.9%
  0.7%7.6%
  0.0%0.1%
  1.7%4.2%
  4.4%9.3%
  22.7%14.0%
  5.8%2.1%
  3.1%7.0%
  4.7%4.8%
  3.7%4.7%
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