ExecutivePulse
VT

Vermont

FIPS 50 · Population 647,106
6 Sources Updated June 22, 2026
647,106
Population
334,922,499 U.S.
$81,203
Median Income
$80,734 national
$46.3B
GDP
2.3%
Unemployment
4% national

County Map

Click a county to view its economic profile

Demographics & Population

Census Bureau American Community Survey 2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
Median Household
$81,203
Per Capita
$46,500
Mean Household
$107,852
Poverty Rate
10.1%

Age & Race / Ethnicity

Source: Census Bureau ACS 2024 · Tables B01001, B02001, B03003
65+: 21.4% (138,679 residents) 55-64: 14.5% (94,067 residents) 35-54: 24.3% (156,963 residents) 18-34: 21.9% (141,411 residents) Under 18: 17.9% (115,986 residents) 43 Median Age
Cohorts
Under 18 · 17.9%
18-34 · 21.9%
35-54 · 24.3%
55-64 · 14.5%
65+ · 21.4%
Race & Ethnicity
White90.7%
Black or African American1.1%
Asian1.8%
Hispanic or Latino(any race)2.6%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2024 · Table B15003 · Population 25+
94.9%
High School+
National: 89.6%
▲ +5.3 pts
43.8%
Bachelor's+
National: 35.7%
▲ +8.1 pts
18.6%
Graduate+
National: 14.1%
▲ +4.5 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
647,106
Population
353,087
Labor Force
Employed
339,613
Unemployment Rate BLS LAUS 2024 annual
2.3%
Mean Commute 3 min below national avg
23.5 min
Work From Home vs 15.1% national
16.9%
Vermont's median household income sits 1% above the national median. At 10.1%, its poverty rate runs 2.4 pts below the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 43.8% exceeds the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
  • Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 8.1 pts, supports knowledge-economy positioning.
  • Aging population: Median age of 43 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$46.3B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · SAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
IndustryEmployment% of Top SectorsAvg Wage
1Health Care and Social Assistance
52,309 31.5%
$66,889
2Retail Trade
35,327 21.2%
$43,376
3Manufacturing
27,346 16.4%
$77,194
4Professional, Scientific, and Technical Services
16,700 10.0%
$123,677
5Administrative and Support and Waste Management
13,350 8.0%
$67,395
6Educational Services
10,858 6.5%
$52,519
7Wholesale Trade
8,458 5.1%
$91,179
8Management of Companies and Enterprises
1,924 1.2%
$139,275
Track industry shifts with AI

ExecutivePulse monitors WARN notices, BLS changes, and SEC filings for your top employers.

Learn More
Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 52,309 workers (31.5% of the tracked sectors), at an average wage of $66,889.
  • Economic scale: State GDP of $46.3B (2024).
Source: BLS QCEW + BEA Regional GDP.

Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces specialization the supersector view masks.
Animal Production and Aquaculture
3.40x
1,815
Apparel Manufacturing
3.17x
494
Gasoline Stations and Fuel Dealers
2.23x
4,612
Beverage and Tobacco Product Manufacturing
2.01x
1,303
Computer and Electronic Product Manufacturing
1.82x
3,588
Nonmetallic Mineral Product Manufacturing
1.76x
1,441
Educational Services
1.69x
10,858
Furniture and Related Product Manufacturing
1.59x
1,046
Wood Product Manufacturing
1.53x
1,219
Food Manufacturing
1.52x
5,346

Attraction Opportunities - Below-Average Industries

LQ < 0.5, below-average employment, potential attraction targets. Source: BLS QCEW · 3-digit NAICS sub-sector
0.08x
Air Transportation
96 employed
0.28x
Warehousing and Storage
1,057 employed
0.30x
Petroleum and Coal Products Manufacturing
64 employed
0.35x
Support Activities for Agriculture and Forestry
262 employed
0.37x
Management of Companies and Enterprises
1,924 employed
0.38x
Support Activities for Transportation
621 employed
0.48x
Securities, Commodity Contracts, Investments
1,047 employed
Key Takeaways
  • Top specialization: Animal Production and Aquaculture concentrates at 3.40x the national norm, strong concentration that anchors the local economy.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
  • Attraction whitespace: 7 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.
Source: BLS QCEW sub-sector Location Quotients.
Industry Employment Composition
Vermont's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of the top private supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$316,600
Median Home Value vs 2019
$1,234
Rent/Mo
73.2%
Owner-Occ
19.4%
Vacancy
3.9x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents (Statewide)

Renter-household-weighted average across 256 Fair Market Rent areas · Source: HUD · Fair Market Rents FY2026
Studio
$1,243/mo$780 to $1,497
1 Bedroom
$1,331/mo$919 to $1,651
2 Bedroom
$1,684/mo$1,007 to $2,140
3 Bedroom
$2,156/mo$1,400 to $2,745
4 Bedroom
$2,313/mo$1,640 to $2,833
30% of monthly median household income (~$2,030/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.9x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 73.2% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 19.4% vacancy rate; potential redevelopment opportunity.
Source: Census ACS housing tables.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2024 · Tables B01001, B23025, B08303, B08301
392,441
Working Age (18-64) vs 2019
Labor force participation rate: 66.5% of working-age population (18-64) 66% Participation
▼ vs 2019
Mean Commute
23.5 min
Work From Home
16.9%

Education & Talent Pipeline

Source: Census ACS 2024 · Table B15003 · College Scorecard
Bachelor's+
43.8%
HS Diploma+
94.9%
Top Institutions
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
University of Vermont 3,329/yr
Champlain College 1,515/yr
Norwich University 1,120/yr
Middlebury College 978/yr
Community College of Vermont 571/yr
Vermont State University 558/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
24%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2024 · Table C24010 · Civilian employed population 16+
Management / Professional
46.7%
Service
15.2%
Sales & Office
17.4%
Construction / Maint.
10%
Production / Transport
10.6%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 339,613 employed workers.
Key Takeaways
  • Succession risk is real: 24% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
Source: ACS workforce data.

County Profiles

14 counties in Vermont

Addison County FIPS 50001 Bennington County FIPS 50003 Caledonia County FIPS 50005 Chittenden County FIPS 50007 Essex County FIPS 50009 Franklin County FIPS 50011 Grand Isle County FIPS 50013 Lamoille County FIPS 50015 Orange County FIPS 50017 Orleans County FIPS 50019 Rutland County FIPS 50021 Washington County FIPS 50023 Windham County FIPS 50025 Windsor County FIPS 50027

AI Insights

AI-assisted analysis, drawn from 6 federal data sources

Sample AI Insight

Vermont shows meaningful potential for animal production and aquaculture attraction, with a 3.40x concentration and 1,815 jobs in this sub-sector. Near-term succession risk is elevated, with 24% of the working-age population within 10 years of retirement age.

Cluster depth across animal production and aquaculture, apparel manufacturing, and gasoline stations and fuel dealers creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

Take it further

AI Insights: Built into ExecutivePulse. Continuous analysis tied to your own pipeline: industry-shift signals, prospect matches, retention prompts.

Managed Services: Prefer to hand it off? Our team delivers the analysis and consulting for you.

Schedule a Demo
Available as premium offerings.

Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
USAspending.govFY2026

Frequently Asked Questions

Key economic and demographic figures for Vermont, from federal data sources.

What is the population of Vermont?

647,106 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Vermont?

$81,203 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Vermont?

2.3% (2024 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Vermont?

$46.3B (BEA SAGDP (state GDP)).