Vermont - Income

According to the Bureau of Economic Analysis, in 2001, Vermont had a per capita personal income (PCPI) of $28,756 which ranked 25th in the United States (including the District of Columbia) and was 95% of the national average, $30,413. The 2001 PCPI reflected an increase of 4.7% from 2000 compared to the national change of 2.2%. In 2001, Vermont had a total personal income (TPI) of $17,626,599,000 which ranked 49th in the United States and accounted for 0.2% of the national total. The 2001 TPI reflected an increase of 5.2% from 2000 compared to the national change of 3.3%.

Earnings of persons employed in Vermont increased from $11,467,531,000 in 2000 to $12,018,771,000 in 2001, an increase of 4.8%. The largest industries in 2001 were services, 29.7% of earnings; durable goods manufacturing, 14.4%; and state and local government, 12.6%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was durable goods manufacturing, which increased 3.5%; the fastest was state and local government, which increased 8.6%.

According to data released by the US Census Bureau, in 2000, the median household income was $38,150 compared to the national average of $42,148. In 2001, the median income for a family of four was $62,938 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 9.8% which placed it 19th among the 50 states and the District of Columbia ranked lowest to highest.