Rochester, Vermont (05767) is a small and scenic community located in Windsor County. With a low population of just over 600 people, it is known for its tranquil atmosphere and scenic beauty. The median two bedroom rent in Rochester is $1,110 which is significantly lower than the national average of $1,430. This makes it a very attractive option for those looking to move to an affordable area. The cost of groceries in Rochester falls slightly below the national average, with a grocery cost index of 106 compared to 100 nationally.
The economy of Rochester is supported by small businesses such as Prince Valley Farm Stand and Gallery which sells locally produced goods; Cloudland Farms which produces maple syrup; and Longmeadow Nursery which specializes in evergreen trees and shrubs. These local businesses help to create jobs for locals while providing unique products that are highly sought after from visitors. Overall, Rochester provides an ideal combination of affordability and natural beauty that helps make it an attractive destination for those looking to escape their busy lives for a quiet place to live.
Rochester (zip 05767) has an unemployment rate of 3.3%. The US average is 6.0%.
Rochester (zip 05767) has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Rochester (zip 05767)
- The Sales Tax Rate for Rochester (zip 05767) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rochester (zip 05767) is 6.8%. The US average is 4.6%.
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Income and Salaries for Rochester (zip 05767)
- The average income of a Rochester (zip 05767) resident is $47,532 a year. The US average is $37,638 a year.
- The Median household income of a Rochester (zip 05767) resident is $62,941 a year. The US average is $69,021 a year.