Join us:
Screenings of the documentary "Just Getting By" and other events this fall at locations across the state.
See dates and times
See dates and times
The typical Vermont family saw modest income growth last year, but it was not enough to keep up with inflation. According to new data from the U.S. Census, Vermont median household income 1 rose to $73,991 in 2022. That was a 2.2 percent increase from 2021, the second smallest increase in the country. Only New Hampshire had a smaller increase.
The picture looks a little bleaker when inflation is taken into account. Vermont median household income actually fell last year, by 5.5 percent, after adjusting for inflation.
The 2022 change was something of a reversal for Vermont—and New Hampshire—from the previous year. The Census released no state income data for 2020, the first year of the Covid pandemic. But between 2019 and 2021, Vermont and New Hampshire were ranked 1st and 2nd in the growth of median household income. In 2022, they ranked 49th and 50th.