The average Vermonter is taxed at a rate of 1.59% for property, a maximum of 8.95% for income and up to 6.00% for sales. Compared to the national averages Vermont earns a score of poor 👎 for property taxes, poor 👎 for income taxes and average for combined local and state sales tax. Quick links to regions of Vermont with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of Vermont
Vermont has approximately 623,354 residents. A common term for people in Vermont is "Vermonter". Within this population there are around 5,807 births and 5,497 deaths per year. Approximately 90.4% of this population speaks English exclusively. Conversely, 0.3% of this population has no verbal English skill. On average, real estate listings in Vermont are on the market for 95 days. The Market Health Index for Vermont is 0.39. Chittenden is the wealthiest of all counties in Vermont. The least wealthy of all counties in Vermont is Essex.
Daily state facts: Of all the United States, Vermont has the lowest measure of gross domestic product.
According to the Bureau of Labor Statistics, Vermont employment in July 2023 was 347,474, unemployment was 6,293 or 1.8% of total jobs.