Wealth Index
Among the 3 least wealthy counties in Vermont
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.
Income Statistics Overview
| Metric | Orleans County | Vermont Avg | US Average |
|---|---|---|---|
| Median Household Income | $66,393 | $78,253 | $78,145 |
| Median Personal Income | $54,315 | $62,394 | $61,726 |
| Average income growth | 6.1% | 4.8% | 5.1% |
| Six-Figure Earners | 8.1% | 11.6% | 13.2% |
The median household income in Orleans County is about 15% lower than in Vermont. Income has been growing faster in Orleans County (6.1%/yr) than in Vermont (4.8%/yr).
About 8% of adults in Orleans County earn six figures ($100,000 or more) a year, lower than the Vermont average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Orleans County, Vermont grew by 63.2% from 2009 to 2023, reaching $66,393 in 2023. That's an average of about 6.1% per year.
Economic Inequality in Orleans County | Gender Pay Gap | Gini Coefficient
| Metric | Orleans County | Vermont Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.510 | 0.519 | 0.570 |
| Male Median Income | $59,535 | $65,455 | $67,746 |
| Female Median Income | $48,184 | $58,889 | $54,793 |
| Gender Pay Gap | 19.1% | 10.0% | 19.1% |
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 Orleans County, it is 0.510, lower than Vermont's 0.519, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 24% more than women's income in Orleans County, Vermont. Over a 35-year career, a 24% wage gap accumulates to roughly $397,285 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Orleans County, Vermont has widened from about 16% to 19% in 2023. In dollar terms, the gap has widened by $5,945 since 2009.
Employment
| Metric | Orleans County | Vermont Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.2% | 3.6% | 5.2% |
| Working from Home | 10.9% | 15.0% | 13.4% |
| Commute time (minutes) | 20 | 20 | 22 |
Approximately 734 people are unemployed in Orleans County, Vermont.
The average commute time in Orleans County is 20 minutes, about the same as in Vermont.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Orleans County, Vermont has fallen from 7.6% to 5.2% in 2023.
Conclusion
Considering all these factors, Orleans County, Vermont has an overall wealth index grade of C, making it about on par with Vermont, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Orleans County, Vermont.
How Wealthy Is Orleans County, Vermont?
Orleans County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $66,393, about 15% lower than the Vermont average of $78,253.
What is the current median household income in Orleans County, Vermont?
As of 2023, the median household income in Orleans County, Vermont is $66,393.
What was the median household income in Orleans County in 2023?
In 2023, the median household income in Orleans County, Vermont was $66,393.
What was the median household income in Orleans County in 2020?
In 2020, the median household income in Orleans County, Vermont was $54,155.
What is the Gini coefficient in Orleans County, Vermont?
The Gini coefficient in Orleans County is 0.510. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Orleans County, Vermont?
Since 2009, the income gap between men and women in Orleans County, Vermont has widened from about 16% to 19% in 2023. In dollar terms, the gap has widened by $5,945 since 2009.