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Population
626,042
-0.08% decline
Median Age
43.1
Median Household Income
$56,990
5.21% growth
Poverty Rate
10.2%
Number of Employees
306,462
2.09% growth
Median Property Value
$223,700
4.24% growth

Economy

The economy of Vermont employs 306,462 people. The economy of Vermont is specialized in Dairy product manufacturing; Fuel dealers; and Veneer, plywood, & engineered wood products , which employ respectively 7.16; 5.52; and 5.03 times more people than what would be expected in a location of this size. The largest industries in Vermont are Elementary & secondary schools (24,550), Construction (18,485), and Hospitals (17,727), and the highest paying industries are Electronic auctions ($176,677), Paper & paper products merchant wholesalers ($173,790), and Railroad rolling stock manufacturing ($153,782).

Median household income in Vermont is $56,990. Males in Vermont have an average income that is 1.27 times higher than the average income of females, which is $45,623. The income inequality of Vermont (measured using the Gini index) is 0.459 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 Vermont. In Vermont 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 112 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $7,656. Windham County, VT has the highest prevalence of homicides of any county in Vermont.

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Insurance Coverage by Age and Gender

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Diversity

Vermont is home to a population of 626,042 people, from which 98% are citizens. The ethnic composition of the population of Vermont is composed of 584,851 White residents (93.4%), 10,939 Two+ residents (1.75%), 10,422 Hispanic residents (1.66%), 8,627 Asian residents (1.38%), and 7,694 Black residents (1.23%). The most common foreign languages in Vermont are French (8,855 speakers), Spanish (6,378 speakers), and German (2,278 speakers), but compared to other places, Vermont has a relative high number of French (8,855 speakers), Serbo-Croatian (1,340 speakers), and Scandinavian (398 speakers).

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Veterans

Education

In 2015 universities in Vermont awarded 11,206 degrees. The student population of Vermont is skewed towards females, with 4,964 male students and 6,242 female students. Most students in Vermont are White (8,823 and 78.7%), followed by Unknown (782 and 6.98%), Hispanic or Latino (421 and 3.76%), and Asian (267 and 2.38%). The largest universities in Vermont by number of graduates are University of Vermont (3,113 and 27.8%), Norwich University (1,165 and 10.4%), and Middlebury College (1,012 and 9%). The most popular majors in Vermont are General Business Administration & Management (455 and 4.06%), General Psychology (370 and 3.3%), and Environmental Studies (235 and 2.1%). The median tuition costs in Vermont are $38,320 for private four year colleges, and $12,456 and $25,656 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 Vermont is $223,700, which is 1.15 times larger than the national average of $194,500. Between 2014 and 2015 the median property value increased from $214,600 to $223,700, a 4.24% increase. The homeownership rate of Vermont is 70.7%, which is higher than the national average of 63%. People in Vermont have an average commute time of 21.6 minutes, and they commute by Drove Alone. Car ownership in Vermont is approximately the same as the national average, with an average of 2 cars per household.

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