Vermont Data

Vermont Data post thumbnail image

How does Vermont rank among the 50 states?

  • Median Age: 3rd Most-Aged (42.8 years old)1
  • Home Ownership Rate: 3rd Highest State (73.3% of homes are occupied by owners)2
  • Education Spending per Pupil (2023): 3rd Highest State ($24,608)3
  • Property Tax Rates: 6th Highest State (before 2024 increase)4
  • Median Household Income (2022): 32th Highest State ($72,190)5

Narrative Analysis

Vermont residents are serious about home ownership and the aging generation has a preference to retire and remain here. Education is a top priority with spending per pupil nearly double the national average K-12 private school tuition of $12,3506. With property taxes ranking high and household income ranking on the lower half the national list, most Vermonters are not relatively high earners and Vermont homeowners have a burdensome tax-to-income ratio. With pay increasing on average 4% for Vermonters from the past year7, the tax-to-income ratio is likely to get worse.

  1. Source: World Population Review ↩︎
  2. Source: Newsweek ↩︎
  3. Source: US Census ↩︎
  4. Source: Motley Fool ↩︎
  5. Source: Federal Reserve Bank ↩︎
  6. Source: EducationData.org ↩︎
  7. Source: Bureau of Economic Analysis ↩︎