Westfield, VT, (05874) is a small town located in the state of Vermont. The cost of living here is quite affordable, with two-bedroom rentals coming in at just $980 per month. This is significantly lower than the US average for similar rentals which stands at $1,430. Additionally, the Grocery Cost Index in Westfield is 107 compared to 100 in the US as a whole.
The town offers many local amenities to its residents, such as the Mendon Mountainview Golf Course, Lareau Farm Inn and Restaurant, The Alchemist Brewery and Visitors Center, and the historic North Union Church. Westfield also boasts several locally owned businesses including High Country Logging & Tree Service and Lamy's Automotive Solutions. For those looking for outdoor recreation options there are plenty of hiking trails available near by as well as local lakes for fishing and swimming.
Westfield (zip 05874) has an unemployment rate of 4.5%. The US average is 6.0%.
Westfield (zip 05874) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Westfield (zip 05874)
- The Sales Tax Rate for Westfield (zip 05874) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Westfield (zip 05874) 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 Westfield (zip 05874)
- The average income of a Westfield (zip 05874) resident is $30,366 a year. The US average is $28,555 a year.
- The Median household income of a Westfield (zip 05874) resident is $56,125 a year. The US average is $69,021 a year.