Vermonters’ incomes have grown
Vermont’s median household income passed $70,000 last year, for the first time ever. This means half of Vermont households took in more than $70,000, and half got less.
Household income rose by about $5,700 between 2019 and 2021, after adjusting for inflation, according to U.S. Census Bureau numbers released last week. That was the largest two-year increase since 2000. The Census skipped reporting state-level median income in 2020, when the pandemic interrupted data collection.
Remote workers
COVID-19 forced many people to work remotely, and new Census data show that many continued to do so in 2021. One in five—or more than 64,000—Vermonters worked from home in 2021, compared with about 22,800 in 2019.
THIS MONTH
Since the start of the year, Vermont has seen job gains for two or three months, each time followed by losses. Overall, Vermont has gained 3,500 jobs in 2022, totaling 301,300 by the end of August. This is still 14,500 jobs short of where the state was in January 2020.
