These Are The 10 Richest Cities In Vermont

We analyzed over 12 places in Vermont to determine where the 1% live.

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South Burlington, Essex Junction, Montpelier: These cities aren’t just some of the best places to live in Vermont. They are also home to some of the richest people in the Green Mountain State.

South Burlington in particular houses the richest residents in the state thanks, in part, to a median household income of $67,396 and a ridiculously low poverty rate of 6.2%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Vermont share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

After analyzing Census data from the 2010-2014 American Community Survey for the 12 places in Vermont with more than 5,000 people, we were left with this set of the ten richest places in the Green Mountain State:

  1. South Burlington (Photos)
  2. Essex Junction (Photos)
  3. Montpelier (Photos)
  4. Middlebury
  5. St. Albans (Photos)
  6. Brattleboro
  7. Barre (Photos)
  8. Winooski (Photos)
  9. Rutland (Photos)
  10. Burlington (Photos)

For more on how we calculated the top ten, read on or skip to the end for the full list. Oh, and the poorest place in Vermont? That would be Bennington.

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How We Determined The Richest Places In Vermont

The first thing that comes to most people’s minds when they think about determining the richest places is simply how much people earn. After all, rich people have really high salaries.

However, we don’t think that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the 2010-2014 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 12 places with more than 5,000 people in Vermont, we ranked each place from 1 to 12 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, South Burlington, crowned the “Richest Place In Vermont”.

You can learn more about the top ten below or skip to the end to see the rankings for all 12 places.

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1. South Burlington

South Burlington, Vermont

Source: Wikipedia

Population: 18,378
Median Income: $67,396
Poverty Level: 6.2%
Unemployment Rate: 4.7%

2. Essex Junction

Essex Junction, Vermont

Source: Wikipedia

Population: 9,552
Median Income: $53,954
Poverty Level: 6.8%
Unemployment Rate: 6.6%

3. Montpelier

Montpelier, Vermont

Source: Three Penny Taproom Montpelier Vt

Population: 7,760
Median Income: $60,676
Poverty Level: 11.2%
Unemployment Rate: 7.0%

4. Middlebury

Middlebury, Vermont

Source: Two Brothers Tavern Middlebury Vt

Population: 6,713
Median Income: $49,632
Poverty Level: 15.7%
Unemployment Rate: 6.1%

5. St. Albans

St. Albans, Vermont

Source: Flickr

Population: 6,889
Median Income: $44,657
Poverty Level: 15.6%
Unemployment Rate: 6.7%

6. Brattleboro

Brattleboro, Vermont

Source: Wikipedia

Population: 7,132
Median Income: $49,431
Poverty Level: 18.8%
Unemployment Rate: 10.1%

7. Barre

Barre, Vermont

Source: Gustoӓ Barre Vt

Population: 8,955
Median Income: $40,679
Poverty Level: 19.6%
Unemployment Rate: 7.4%

8. Winooski

Winooski, Vermont

Source: C & K Sports Bar Winooski Vt

Population: 7,250
Median Income: $44,828
Poverty Level: 23.4%
Unemployment Rate: 8.1%

9. Rutland

Rutland, Vermont

Source: Wikipedia

Population: 16,217
Median Income: $38,558
Poverty Level: 18.3%
Unemployment Rate: 8.9%

10. Burlington

Burlington, Vermont

Source: The Gang At Zen Lounge Burlington Vt. From The Facebook Page

Population: 42,342
Median Income: $42,745
Poverty Level: 27.8%
Unemployment Rate: 8.8%

There You Have It – The Richest Places In Vermont

Like we said earlier, when we set out to identify the richest places in Vermont, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Vermont. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in VT, according to data:

Poorest: Bennington
2nd Poorest: St. Johnsbury
3rd Poorest: Burlington
For more Vermont reading , check out:

Detailed List Of Richest Places In Vermont

City Rank Population Median Income Poverty Level Unemployment Rate
South Burlington 1 18,378 $67,396 6.2% 4.7%
Essex Junction 2 9,552 $53,954 6.8% 6.6%
Montpelier 3 7,760 $60,676 11.2% 7.0%
Middlebury 4 6,713 $49,632 15.7% 6.1%
St. Albans 5 6,889 $44,657 15.6% 6.7%
Brattleboro 6 7,132 $49,431 18.8% 10.1%
Barre 7 8,955 $40,679 19.6% 7.4%
Winooski 8 7,250 $44,828 23.4% 8.1%
Rutland 9 16,217 $38,558 18.3% 8.9%
Burlington 10 42,342 $42,745 27.8% 8.8%
St. Johnsbury 11 5,922 $34,441 18.7% 11.7%
Bennington 12 8,933 $34,599 23.2% 12.3%

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