Pros and Cons of Living In Montpelier, Vermont. Is Montpelier, VT a Nice Place To Live or Retire?

Montpelier, Vermont

Moving to Montpelier In Vermont ? Is Montpelier, VT a Nice Place To Live? Pros and Cons of Living in Montpelier, Vermont. Find out the best and worst about to live, raise a family or retire in Montpelier.

Montpelier ( mont-PEEL-yər) is the capital of the U.S. state of Vermont and the county seat of Washington County. The site of Vermont's state government, it is the least populated state capital in the United States. As of the 2020 census, the population was 8,074, with a daytime population growth of about 21,000 due to the large number of jobs within city limits. The Vermont College of Fine Arts is located in the municipality. It was named after Montpellier, a city in the south of France.

Montpelier was chartered as a town by proprietors from Massachusetts and western Vermont on August 14, 1781, and the Town of Montpelier was granted municipal powers by the "Governor,...

DEMOGRAPHICS

Population
7434
Unemployment
2.8%
40% NAT AVG.
Poverty
4%
71% NAT AVG.
Cost Of Living
113
13% NAT AVG.

ECONOMICS

Median Home Cost
$257300
12% NAT AVG.
Median Income
$65668
3% NAT AVG.
Median Rent
$1060
9% NAT AVG.
Overall Score
8.5

CRIME REPORT

Total Crime
186
8% NAT. AVG.
83% STATE AVG.
Violent Crime
16
44% NAT. AVG.
26% STATE AVG.
Property Crime
170
19% NAT. AVG.
91% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 25
Unemployed People
1 in 36
People Earning < $10,000
1 in 67
People Earning < $50,000
36.7%
People With Any Degree
1 in 1.5

ETHNICITY

Ethnicity Montpelier USA
White 92% 60.1%
African American 0.6% 12.2%
American Indian 0% 0.6%
Asian 2.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 3% 2.8%
Hispanic 2.4% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Montpelier USA
Less than $10,000 1.5% 5.8%
$10,000 to $14,999 6.4% 4.1%
$15,000 to $24,999 9.3% 8.5%
$25,000 to $34,999 7.6% 8.6%
$35,000 to $49,999 11.9% 12.0%
$50,000 to $74,999 22.9% 17.2%
$75,000 to $99,999 14.6% 12.8%
$100,000 to $149,999 14.3% 15.6%
$150,000 to $199,999 4.7% 7.1%

EDUCATION

Education Montpelier USA
< 9th Grade 0% 5.0%
9-12th Grade 2% 7.0%
High School or GED 17% 27.0%
Other College 14% 20.0%
Associate's Degree 5% 9%
Bachelor's Degree 33% 20.0%
Master's Degree 19% 9.0%
Professional Degree 8% 2.0%
Doctorate Degree 2% 1.0%
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. The unemployment rate of Montpelier remained 2.8%, which is 40% lower than national rate.

Cost of living in Montpelier is 113, which is 13% higher than national average. In Montpelier, only 62% of adults have a bachelor's degree and 19% have some college but no degree. 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.
Montpelier Scorecard

Jobs85%

Housing85%

Affordability60%

Safety60%

Amenities70%

Diversity50%

Education100%

THANKS FOR READING

Read this story and other stories in details on our Website.