Is Barre, Vermont a Good Place To Live? - Living In Barre, VT

Is Barre, Vermont a good place to live?
Barre is a city in Vermont state in USA with a population of 8590 residents.. The poverty rate of Barre is 22.7%, which is 62% higher than national average. The typical household in Barre earns $42958 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 14 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 53.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Barre, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Barre remained 6.2%, which is 32% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Barre, only 28% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Barre is 101, which is 1% higher than national average. Median home value in Barre is $149200 , which is 35% lower than national average. While median income in Barre remained $42958, which is 36% lower than national average.
Population
8590
Unemployment
6.2%
32% NAT AVG.
Poverty
22.7%
62% NAT AVG.
Overall Score
6
Median Home Cost
$149200
35% NAT AVG.
Median Income
$42958
36% NAT AVG.
Median Rent
$775
33% NAT AVG.
Cost Of Living
101
1% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 16
People Earning < $10,000
1 in 14
People Earning < $50,000
53.8%
People with <= High School
1 in 2.3
People With Any Degree
1 in 3
Pros & Cons Overview

Jobs50%

Housing60%

Affordability60%

Safety40%

Amenities85%

Diversity50%

Education70%

Commute80%