Wolcott, VT (05680) is a small town located in Vermont's rural Lamoille Valley. The population of Wolcott is approximately 1,800 residents. Its close proximity to both Burlington and Stowe make it an ideal location for those who want to experience the outdoors or explore the nearby cities. For those looking for a place to rent, 2 bedroom apartments typically cost $1,190 per month – significantly lower than the national average of $1,430. Grocery costs are also much lower than average at 108 on the index versus 100 nationally. Local companies in Wolcott include A & L Builders and Kontent Real Estate Group as well as a few local supermarkets such as Price Chopper and Walmart Supercenter for grocery shopping.
Wolcott (zip 05680) has an unemployment rate of 4.0%. The US average is 6.0%.
Wolcott (zip 05680) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Wolcott (zip 05680)
- The Sales Tax Rate for Wolcott (zip 05680) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wolcott (zip 05680) 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 Wolcott (zip 05680)
- The average income of a Wolcott (zip 05680) resident is $24,276 a year. The US average is $28,555 a year.
- The Median household income of a Wolcott (zip 05680) resident is $65,481 a year. The US average is $69,021 a year.