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Montpelier, VT&

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Population
7,662
0.65% decline
Median Age
43.2
Median Household Income
$60,347
2.02% decline
Poverty Rate
11.4%
Number of Employees
4,084
2.13% growth
Median Property Value
$237,300
3.31% growth

Economy

The economy of Montpelier, VT employs 4,084 people. The economy of Montpelier, VT is specialized in Public Admin.; Educational Services; and Professional, Scientific, Tech Services, which employ respectively 2.15; 1.89; and 1.58 times more people than what would be expected in a location of this size. The largest industries in Montpelier, VT are Educational Services (721), Healthcare & Social Assistance (648), and Professional, Scientific, Tech Services (459), and the highest paying industries are Finance & Insurance ($65,139), Utilities ($56,979), and Professional, Scientific, Tech Services ($55,882).

Median household income in Montpelier, VT is $60,347. Males in Montpelier, VT have an average income that is 1.06 times higher than the average income of females, which is $45,576. The income inequality of Montpelier, VT (measured using the Gini index) is 0.406 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Montpelier, VT. In Washington County, VT the age groups most likely to have health care coverage are 55-64 and 55-64, men and women, respectively. The location has a 1 to 103 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $7,512. Windham County, VT has the highest prevalence of homicides of any county in Vermont.

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Clinician to Patient Rates

The closest comparable data for the census place of Montpelier, VT is from the county of Washington County, VT.

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Diversity

Montpelier, VT is home to a population of 7,662 people, from which 98.7% are citizens. The ethnic composition of the population of Montpelier, VT is composed of 7,045 White residents (91.9%), 211 Two+ residents (2.75%), 172 Hispanic residents (2.24%), 146 Black residents (1.91%), and 88 Asian residents (1.15%). The most common foreign languages in Montpelier, VT are Serbo-Croatian (133 speakers), French (68 speakers), and Spanish (38 speakers), but compared to other places, Montpelier, VT has a relative high number of Serbo-Croatian (133 speakers), Scandinavian (26 speakers), and French (68 speakers).

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Education

In 2015 universities in Montpelier, VT awarded 309 degrees. The student population of Montpelier, VT is skewed towards females, with 125 male students and 184 female students. Most students in Montpelier, VT are White (186 and 60.2%), followed by Unknown (70 and 22.7%), Hispanic or Latino (17 and 5.5%), and Asian (11 and 3.56%). The largest universities in Montpelier, VT by number of graduates are New England Culinary Institute (156 and 50.5%), Vermont College of Fine Arts (153 and 49.5%), and N/A (N/A and N/A). The most popular majors in Montpelier, VT are Creative Writing (95 and 30.7%), General Fine Studio Arts (29 and 9.4%), and Graphic Design (18 and 5.83%). The median tuition costs in Montpelier, VT are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Montpelier, VT is $237,300, which is 1.16 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $229,700 to $237,300, a 3.31% increase. The homeownership rate of Montpelier, VT is 53.3%, which is lower than the national average of 63.6%. People in Montpelier, VT have an average commute time of 15.7 minutes, and they commute by Drove Alone. Car ownership in Montpelier, VT is approximately the same as the national average, with an average of 2 cars per household.

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Keep Exploring

United States
nation
Vermont
state
Washington County
county
Barre, VT
metropolitan statistical area
Washington, Caledonia, Orleans, Lamoille & Essex Counties PUMA, VT
public use microdata area
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