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

Is Montpelier, Vermont a good place to live?
Montpelier is a city in Vermont state in USA with a population of 7434 residents.. The poverty rate of Montpelier is 4%, which is 71% lower than national average. The typical household in Montpelier earns $65668 a year, compared to the national median of $67,500. Nearly 36.7% 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 Montpelier, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Montpelier remained 2.8%, which is 40% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Montpelier, only 62% of adults have a bachelor's degree and 19% have some college but no degree.

Cost of living in Montpelier is 113, which is 13% higher than national average. Median home value in Montpelier is $257300 , which is 12% higher than national average. While median income in Montpelier remained $65668, which is 3% lower than national average.
Population
7434
Unemployment
2.8%
40% NAT AVG.
Poverty
4%
71% NAT AVG.
Overall Score
8.5
Median Home Cost
$257300
12% NAT AVG.
Median Income
$65668
3% NAT AVG.
Median Rent
$1060
9% NAT AVG.
Cost Of Living
113
13% NAT AVG.
People Living BPL
1 in 25
Unemployed People
1 in 36
People Earning < $10,000
1 in 67
People Earning < $50,000
36.7%
People with <= High School
1 in 5.3
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs85%

Housing85%

Affordability60%

Safety60%

Amenities70%

Diversity50%

Education100%

Commute85%