In recent years, most of the affordability indicators have shown modest improvement as a percentage of “average household income” in Vermont prior to the onset of the COVD pandemic in early 2020.  With the onset of the pandemic, all of the expenditure burden and the household income indicators (with the exception of 2020 when some expenditure indicators were not published) were impacted by the federal and state public health and other fiscal measures that were taken to address it.  Since the economy has re-opened, household income growth has resumed with median household income reaching $81,211 during calendar year 2023 which is an over the year rate of change of 9.8% which exceeded the prior year's rate of growth (2.2%).  While prospects for near-term economic growth in Vermont remain uncertain as the effects of the pandemic recede, most of the State’s near-term economic performance is a reflection of factors that are beyond our control, and the expenditure levels for many expenditure indicators reflect actions and other factors that can be influenced by the state policymakers over time.  

This data comes from the American Community Survey using 1-year estimates. Data is not available for non-Chittenden counties.