Wealth Index
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 | Windsor County | Vermont Avg | US Average |
|---|---|---|---|
| Median Household Income | $75,331 | $78,253 | $78,145 |
| Median Personal Income | $63,449 | $62,394 | $61,726 |
| Average income growth | 4.6% | 4.8% | 5.1% |
| Six-Figure Earners | 12.8% | 11.6% | 13.2% |
The median household income in Windsor County is about 4% lower than in Vermont. Income has been growing slower in Windsor County (4.6%/yr) than in Vermont (4.8%/yr).
About 13% of adults in Windsor County earn six figures ($100,000 or more) a year, higher than the Vermont average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Windsor County, Vermont grew by 47.3% from 2009 to 2023, reaching $75,331 in 2023. That's an average of about 4.6% per year.
Economic Inequality in Windsor County | Gender Pay Gap | Gini Coefficient
| Metric | Windsor County | Vermont Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.508 | 0.519 | 0.570 |
| Male Median Income | $66,304 | $65,455 | $67,746 |
| Female Median Income | $60,629 | $58,889 | $54,793 |
| Gender Pay Gap | 8.6% | 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 Windsor County, it is 0.508, 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 9% more than women's income in Windsor County, Vermont. Over a 35-year career, a 9% wage gap accumulates to roughly $198,625 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Windsor County, Vermont has narrowed from about 25% to 9% in 2023. In dollar terms, the gap has narrowed by $5,542 since 2009.
Employment
| Metric | Windsor County | Vermont Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.8% | 3.6% | 5.2% |
| Working from Home | 15.3% | 15.0% | 13.4% |
| Commute time (minutes) | 21 | 20 | 22 |
Approximately 1,140 people are unemployed in Windsor County, Vermont.
The average commute time in Windsor County is 21 minutes, longer than the 20 minutes in Vermont.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Windsor County, Vermont has fallen from 6.4% to 3.8% in 2023.
Conclusion
Considering all these factors, Windsor 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 Windsor County, Vermont.
How Rich Is Windsor County, Vermont?
Windsor 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 $75,331, about 4% lower than the Vermont average of $78,253.
What is the current median household income in Windsor County, Vermont?
As of 2023, the median household income in Windsor County, Vermont is $75,331.
What was the median household income in Windsor County in 2023?
In 2023, the median household income in Windsor County, Vermont was $75,331.
What was the median household income in Windsor County in 2020?
In 2020, the median household income in Windsor County, Vermont was $61,466.
What is the Gini coefficient in Windsor County, Vermont?
The Gini coefficient in Windsor County is 0.508. 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 Windsor County, Vermont?
Since 2009, the income gap between men and women in Windsor County, Vermont has narrowed from about 25% to 9% in 2023. In dollar terms, the gap has narrowed by $5,542 since 2009.