Salary Overview for Vermont
The median individual income in Vermont is $37,430 per year, while the mean (average) individual income is $46,150. The median household income is $71,084.
Cost of Living Adjusted Salary
Vermont's cost of living index is 115 (national average = 100). This means the median salary of $37,430 in Vermont has the purchasing power of approximately $32,548 at the national average cost of living. The higher cost of living in Vermont means you need to earn more to maintain the same standard of living.
Minimum Wage in Vermont
The current minimum wage in Vermont is $14.15/hour, which equals approximately $29,432 per year for a full-time worker (40 hours/week, 52 weeks). See our complete Vermont minimum wage guide for tipped wages, scheduled increases, and more.
Top Employers in Vermont
- University of Vermont Medical
- GlobalFoundries
- Dealer.com
Major Industries in Vermont
- Healthcare
- Manufacturing
- Tourism
Tax Rates in Vermont
See the full tax breakdown including income tax, sales tax, property tax, and more on our Vermont tax rates page.
Calculate Your Take-Home Pay
Use our Salary Calculator to convert between hourly, weekly, monthly, and annual pay, and estimate your take-home pay in Vermont after federal and state taxes.