Vermont Economy


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Vermont State is an attractive destination for many seeking a quiet, natural atmosphere. With two bedroom rent costing only $1,290 compared to the US average of $1,430, it's no surprise that many flock to the state for its affordability. Additionally, local grocery costs are also lower than the national average given an index of 107 compared to 100 in the US. Vermont State offers an array of companies and activities to explore including Ben & Jerry's, which has become a staple in the area for its delicious ice cream flavors. In addition to tasty treats, outdoor recreation abounds with skiing and snowmobiling being popular wintertime activities. There are also plenty of options for those looking for a more relaxing experience such as hiking in the Green Mountains or taking a tour of one of Vermont's art galleries. No matter what you choose to do, there are plenty of ways to enjoy Vermont State.

Vermont has an unemployment rate of 3.3%. The US average is 6.0%.

Vermont has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Vermont
- The Sales Tax Rate for Vermont is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Vermont 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 Vermont
- The average income of a Vermont resident is $37,903 a year. The US average is $37,638 a year.
- The Median household income of a Vermont resident is $67,674 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVermont, VermontUnited States
  3.36
  -7.4%-6.2%
  28.8%33.5%
  6.0%6.2%
  6.6%4.6%
  $37,903$37,638
  $67,674$69,021
  $88,607$85,028
  Population by Occupation
  2.5%1.2%
  0.2%0.5%
  7.4%6.8%
  10.2%10.0%
  1.8%2.5%
  11.6%11.0%
  2.4%4.8%
  0.7%0.8%
  1.7%1.9%
  3.0%4.7%
  1.6%1.9%
  6.2%7.6%
  0.0%0.1%
  2.9%4.2%
  13.3%9.3%
  15.5%14.0%
  2.8%2.1%
  6.8%7.0%
  4.6%4.8%
  4.9%4.7%
Reviews for Vermont
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Over 9 years ago

Hi, I'm looking for beauty, good hiking trails, and some light sight seeing. I have a couple of friends who have been to Vermont and loved it. They say that Vermont  More

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Over 9 years ago

Burlington is a safe and lively place to live; including the metro area the population is medium sized. Employment is only mediocre and the winters are long and cold.  More

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Over 10 years ago

Spent 48 years on the NY / Vermont border living and working in both states. The reason we moved to Florida three years ago was because of taxes, politics, taxes, cold  More

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