Sheffield, Vermont (05866) is a great place to live and work if you're looking for a peaceful village atmosphere. With its quaint town center, gorgeous views of the Green Mountains, and ample outdoor activities, Sheffield offers a quality of life that's hard to match. Rent prices are also incredibly affordable; two-bedroom apartments cost an average of $960 per month in Sheffield, compared to the national average of $1,430. In addition to an affordable cost of living, groceries are also cheaper here than in other parts of the country; the grocery cost index in Sheffield is 104 versus100 nationwide.
The local economy is vibrant with plenty of businesses and opportunities for employment. Notable employers include Tupperware Brands Corporation which produces top kitchenware products and outdoor gear maker Mountain Safety Research (MSR). If you're looking for more traditional jobs, there's also The Northeastern Vermont Regional Hospital which serves as a major medical center for people in the area.
Sheffield (zip 05866) has an unemployment rate of 3.5%. The US average is 6.0%.
Sheffield (zip 05866) has seen the job market decrease by -5.3% 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 Sheffield (zip 05866)
- The Sales Tax Rate for Sheffield (zip 05866) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sheffield (zip 05866) is 6.8%. The US average is 4.6%.
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Income and Salaries for Sheffield (zip 05866)
- The average income of a Sheffield (zip 05866) resident is $36,063 a year. The US average is $37,638 a year.
- The Median household income of a Sheffield (zip 05866) resident is $71,563 a year. The US average is $69,021 a year.