A recent article in the Burlington Free Press highlights Vermont’s stagnating household incomes, raising concerns over the strength of its economy and the ability of its residents to afford housing.
UVM economics professor Art Woolf writes that according to the 2017 estimates recently released by the U.S. Census Bureau, Vermont’s median household income is $57,513, ranking it 27th in the country. However, the Vermont household median income actually decreased by 2.4 percent from 2016, just as the national median household income increased by 2.5 percent.