Addison County, Vermont Income Statistics
Addison County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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B
Addison County Around averageAmong the top 5 wealthiest counties in Vermont
Source: Map AI Methodology
Income Statistics Overview
| Metric | Addison County | Vermont Avg | US Average |
|---|---|---|---|
| Median Household Income | $87,779 | $81,508 | $80,455 |
| Median Personal Income | $61,881 | $60,855 | $60,758 |
| Average Yearly Income Growth | 4.7% | 4.7% | 4.8% |
| Six-Figure Earners | 11.9% | 12.4% | 13.9% |
| $200k+ Households | 11.6% | 11.1% | 13.2% |
The median household income in Addison County is about 8% higher than in Vermont. Income has been growing slower in Addison County (4.7%/yr) than in Vermont (4.7%/yr).
About 12% of adults in Addison County earn six figures ($100,000 or more) a year, lower than the Vermont average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Addison County, Vermont grew by 57.6% from 2009 to 2024, reaching $87,779 in 2024. That's an average of about 4.7% per year.
Income Inequality and the Gender Pay Gap in Addison County
| Metric | Addison County | Vermont Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.518 | 0.506 | 0.552 |
| Male Median Income | $68,548 | $68,197 | $69,667 |
| Female Median Income | $60,512 | $61,033 | $56,850 |
| Gender Pay Gap | 11.7% | 10.5% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Addison County, it is 0.518, higher than Vermont's 0.506, so income is less evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 13% more than women's income in Addison County, Vermont. Over a 35-year career, a 13% wage gap accumulates to roughly $281,260 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Addison County, Vermont has narrowed from about 22% to 12% in 2024. Over that period the gap was widest at 23% in 2011, and was narrowest at 10% in 2019. In dollar terms, the gap has narrowed by $1,965 since 2009.
Employment
| Metric | Addison County | Vermont Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.8% | 3.5% | 5.2% |
| Working from Home | 17.4% | 16.9% | 15.0% |
| Commute time (minutes) | 20 | 20 | 22 |
Approximately 782 people are unemployed in Addison County, Vermont.
The average commute time in Addison County is 20 minutes, about the same as in Vermont.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Addison County, Vermont has fallen from 6.2% to 3.8% in 2024. Over that period the rate peaked at 7.3% in 2013.
Addison County, VT Wealth Compared With Nearby Counties
Addison County, VT is the 5th largest of the 6 counties compared here, 37,599 residents against a local median of 60,005. Addison County, VT sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is median household income, 11% above the local median at $87,779 against $78,922. Addison County, VT has the 2nd highest median household income of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Addison County, VT | 37,599 | $87,779 #2/6 | 4.7%/yr #3/6 | 3.8% #3/6 | 0.518 #6/6 |
| Chittenden County, VT | 169,680 | $96,978 | 4.8%/yr | 3.2% | 0.513 |
| Rutland County, VT | 60,423 | $68,353 | 4.0%/yr | 4.1% | 0.506 |
| Washington County, VT | 60,005 | $84,383 | 4.8%/yr | 2.7% | 0.481 |
| Essex County, NY | 36,973 | $72,203 | 3.8%/yr | 4.0% | 0.513 |
| Windsor County, VT | 57,919 | $78,922 | 4.6%/yr | 4.4% | 0.508 |
Conclusion
Considering all these factors, Addison County, Vermont has an overall wealth index grade of B, making it somewhat better than Vermont, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Addison County, Vermont.
How Wealthy Is Addison County, Vermont?
Addison County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $87,779, about 8% higher than the Vermont average of $81,508.
How has median household income changed in Addison County, Vermont?
Between 2009 and 2024, the median household income in Addison County, Vermont rose 58%, from $55,686 to $87,779. Over the same years, income here kept pace with Vermont as a whole: +58% against +58%.
What was the median household income in Addison County in 2023?
In 2023, the median household income in Addison County, Vermont was $86,753, up 3% from $84,152 in 2022. The Vermont median that year was $78,241.
What was the median household income in Addison County in 2020?
In 2020, the median household income in Addison County, Vermont was $71,117. By 2024 it had risen 23% to $87,779.
What is the Gini coefficient in Addison County, Vermont?
The Gini coefficient in Addison County is 0.518. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Addison County, Vermont?
Since 2009, the income gap between men and women in Addison County, Vermont has narrowed from about 22% to 12% in 2024. Over that period the gap was widest at 23% in 2011, and was narrowest at 10% in 2019. In dollar terms, the gap has narrowed by $1,965 since 2009.
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