Vermont

Industry wages in the State of Vermont grown by 14.3% since 2001

2007-03-20T22:02:00.001-07:00

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From 2001 to 2006, average industry wages in the State of Vermont grown by a total of 14.3%. This is less than the growth in average industry wages for the United States.

The counties in the State of Vermont range, in terms of growth in average industry wages from 2001 to 2006, from 25.2% in Caledonia County to a low of a 11.0% in Essex County.

Top ten counties in terms of industry wages in the Vermont
Total Industry Wages

1. Caledonia County (25.2%)
2. Lamoille County (23.7%)
3. Orange County (20.9%)
4. Addison County (20.5%)
5. Franklin County (19.8%)
6. Windsor County (18.2%)
7. Rutland County (18.1%)
8. Bennington County (17.5%)
9. Orleans County (16.7%)
10. Washington County (15.5%)

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Wages in the State of Vermont Lag Behind Wages in the United States

2007-03-01T14:53:00.001-08:00

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The average total wages in all industries in Vermont when analyzed can be described as relatively low when compared to other 2nd quarter of 2006 States wages throughout the nation. The average pay is less than the wages in United States of $40,259.

The counties in the State of Vermont in terms of total industry wages in the 2nd quarter of 2006, range from $39,145 in Chittenden County to a low of a $24,976 in Grand Isle County.

Top ten counties in terms of industry wages in the Vermont
Total Industry Wages

1. Chittenden County ($39,145)
2. Windham County ($33,799)
3. Addison County ($33,177)
4. Washington County ($32,282)
5. Rutland County ($31,698)
6. Windsor County ($30,911)
7. Bennington County ($30,614)
8. Franklin County ($30,181)
9. Caledonia County ($29,389)
10. Essex County ($28,519)

About: These facts are part of the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Vermont Five-Year Industry Employment Change

2007-02-22T23:05:00.001-08:00

The State of Vermont: Five-Year Percentage Growth in Employment

The Nonscheduled air transportation industry has experienced the largest percentage growth, expanding by 366.7 percent from the 2001 (Q2) to the 2006 (Q2). The Nonscheduled air transportation industry in Vermont outpaced the national average, which felt a lost 5.3 percent in this industry.

Top 5 Industries
1. Nonscheduled air transportation (366.7 percent gain)
2. Individual and family services (173.7 percent gain)
3. Performing arts companies (96.9 percent gain)
4. Urban transit systems (95.9 percent gain)
5. Poultry and egg production (88.6 percent gain)

The State of Vermont: Five-Year Percentage Decline in Employment

The Lessors of nonfinancial intangible assets industry has seen the largest percentage drop in employment, losing 73.7 percent from 2001 (Q2) to 2006 (Q2). The losses in the Lessors of nonfinancial intangible assets industry in Vermont outpaced the United States industry losses overall. During this period, the United States lost 6.5 percent in terms of employees in the Lessors of nonfinancial intangible assets industry.

Top 5 Industries
1. Lessors of nonfinancial intangible assets (73.7 percent decline)
2. Textile furnishings mills (70.9 percent decline)
3. Ship and boat building (56.5 percent decline)
4. Electronic markets and agents and brokers (54.6 percent decline)
5. Other crop farming (54.3 percent decline)

Total employment has increased by 0.3 percent since the 2nd Quarter of 2001. This is less than than the gain reported at the US level of 2.6 percent.

Total Five-Year Employment Growth in the State of Vermont

From the industries (4-digit NAICS) in the area, the Individual and family services industry has added the most employment with 4,236 new jobs created in the period. The job growth in the Individual and family services industry makes up 22.0 percent of the growth in Vermont.

Top 5 Industries
1. Individual and family services (4,236 new jobs)
2. Other specialty trade contractors (884 new jobs)
3. Full-service restaurants (591 new jobs)
4. Residential building construction (516 new jobs)
5. Offices of other health practitioners (504 new jobs)

Total Five-Year Employment Decline in the State of Vermont

Given the industries in the area, the Private households industry experienced most substantial job loss, losing 1,015 jobs during the period. The employment lost in the Private households industry make up 7.1 percent of the total job loss in Vermont.

Top 5 Industries
1. Private households (1,015 jobs lost)
2. Household and institutional furniture mfg. (977 jobs lost)
3. Traveler accommodation (739 jobs lost)
4. Printing and related support activities (706 jobs lost)
5. Specialty food stores (559 jobs lost)

In the State of Vermont, the total number of workers for all sectors has increased by 755 total jobs from 2001 to 2006.

From the 239 industries with industry data reported by the BLS in each quarter, 131 accounted an for increase in employment during the period and 108 industry sectors reported declines during the time period.

The counties in the State of Vermont in terms of employment growth percent from the 2nd quarter of 2001 to the 2nd quater of 2006, range from a 6.1 percent job gained in Lamoille County to a low of a 19.3 percent job lost in Essex County.

Top seven counties in terms of highest industry employment growth percent in the Vermont
Industry Employment Growth Percent

1. Lamoille County (6.1 percent gain)
2. Addison County (4.0 percent gain)
3. Orleans County (2.2 percent gain)
4. Washington County (1.7 percent gain)
5. Rutland County (1.7 percent gain)
6. Windsor County (1.5 percent gain)
7. Caledonia County (1.0 percent gain)

According to the Bureau of Labor Statistics, the counties in the State of Vermont in terms of total employment growth from the 2nd quarter of 2001 to the 2nd quater of 2006, range from 513 total jobs gained in Lamoille County to a low of 3,385 jobs lost in Chittenden County.

Top seven counties in terms of highest total industry employment growth in the Vermont
Total Industry Employment Growth

1. Lamoille County (513 jobs gained)
2. Addison County (482 jobs gained)
3. Washington County (429 jobs gained)
4. Rutland County (423 jobs gained)
5. Windsor County (284 jobs gained)
6. Orleans County (173 jobs gained)
7. Caledonia County (100 jobs gained)

About: This report is part 1 of 6 in the eCanned.com Industry Analysis Series.

Datasource: U.S. Department of Labor. Bureau of Labor Statistics. Quarterly Census of Employment and Wages (QCEW). Private Sector Employment Only.

Income and Poverty in the State of Vermont

2007-01-13T18:42:00.001-08:00

As the median income level saw a decline during the period of 2000 to 2005 in the State of Vermont, the Race/Ethnicity group that experienced the largest decline in median household income was the American Indian and Alaska Native Race/Ethnicity category. This group experienced a decline of 13.9 percent since 2000. The White Race/Ethnicity category has been least effected by the income level decline in Vermont, experiencing a 24 percent increase in median household income from 2000 to 2005.

According to the 2000 Census, the counties in the State of Vermont range, in terms of total household income, from a high of $55,777 in Chittenden County to a low of $35,673 in Essex County.

Top ten counties in highest household income in the State of Vermont
Total Annual Household Income (Adjusted to 2005 Dollars)

1. Chittenden County ($55,777)
2. Addison County ($50,476 )
3. Grand Isle County ($50,349)
4. Franklin County ($48,741)
5. Washington County ($47,937)
6. Windsor County ($47,605)
7. Bennington County ($46,713)
8. Orange County ($46,630)
9. Lamoille County ($46,047)
10. Windham County ($44,699)

When analyzed against other States in the US, the State of Vermont was reported to have a medium-high median income for all households of $47,802 (2005 Dollars). This median is 2.8 percent lower than the median for the rest of the nation, which is a reported $49,133.

When put side-by-side with other States throughout the United States, the State of Vermont can be considered to have a rate of poverty among the people, accounting a rate of 9.4 percent of the population with family incomes below the 1999 poverty level. The American Indian and Alaska Native race/ethnicity demographic category, owns the foremost rate of poverty with 22.3 percent of the population in 2000 living in poverty. Individuals aged Under 5 years have the largest percent of population in poverty in Vermont, reporting 13.4 percent of this age group in the area living in poverty.

According to the 2000 Census, the counties in the State of Vermont range, in terms of rate a poverty, from a high of 14.1 percent in Orleans County to a low of 7.6 percent in Grand Isle County.

Top ten counties in terms of poverty rate in the State of Vermont
Total Percent of Population Living Below Poverty

1. Orleans County (14.1 percent)
2. Essex County (13.7 )
3. Caledonia County (12.3 percent)
4. Rutland County (10.9 percent)
5. Bennington County (10 percent)
6. Lamoille County (9.6 percent)
7. Windham County (9.4 percent)
8. Orange County (9.1 percent)
9. Franklin County (9 percent)
10. Chittenden County (8.8 percent)

The household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $45,686, representing a 4.4 percent decline. The State of Vermont ranks 33 of 46 states in terms of the decline in median income in the US.

It was reported in 2000 that the Asian headed households had median household incomes of $46,367. This household income level is 3 percent less than the reported median household income for all households in the state. Hispanic in Vermontreported a median household income of $45,312, this median is 5.2 percent less than reported value of the areas total household median income for all households. In the State of Vermont, White headed households reported a median household income (2005 Dollars) of $48,052 according to the Decennial Census of 2000, which was 0.5 percent greater than the median income in 2000. Black or African American headed households had a median household income that was 22.7 percent less than the all population median published in the 2000 Census, with a median of $36,954. The American Indian and Alaska Native households in Vermont reported an income level of $31,843, this median was 33.4 percent less than the median level for total households in the area.

The poverty rate in the State of Vermont has increased by 2.1 percent since the amount published in 2000, moving from 9.4 percent to 11.5 percent.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

Higher Education in the State of Vermont

2006-12-20T09:00:00.001-08:00

Vermont may to understood as having a highly-educated working age population, with 32.4 percent of the population (+25) having received a BA or higher, as reported in American Community Survey of 2005. The State of Vermont is reported having a higher percent of population with a BA or Higher percent than the US proportion of 27.2 percent.

According to the 2000 Census Decennial, the counties in the State of Vermont range, in terms of percent of population (over 25) with a Bachelors Degree or Higher, from a high of 41.2 percent in Chittenden County to a low of 10.8 percent in Essex County.

The ten most highly-educated counties in Vermont
Percent of the population (over 25) holding a bachelors degree or higher

1. Chittenden County (41.2 percent)
2. Washington County (32.2 percent)
3. Lamoille County (31.2 percent)
4. Windham County (30.4 percent)
5. Windsor County (30.2 percent)
6. Addison County (29.8 percent)
7. Bennington County (27 percent)
8. Grand Isle County (25 percent)
9. Orange County (23.8 percent)
10. Rutland County (23.2 percent)

From 2000, the State of Vermont has increased in the percent of the total population (+25) with a BA or Higher. The portion of this population has grown by 3.0 percent to a total of 32.4 percent in 2005, according to the American Community Survey. The 2005 proportion of highly educated population is greater than the US percent of 27.2.

From 2000 to 2005, the percent of male population that is highly educated has increased by 1.6 percent. By the year 2005, 30.6 percent of total male population (over 25), in this area, held at least a Bachelors Degree. At the same time, the percent of women (over 25) holding a BA or higher has increased by a total of 4.8 percent. By 2005, a total of 34.4 percent of the women in the population had received a Bachelors Degree or Higher.

In the State of Vermont according to the American Community Survey of 2005, 32.4 percent of the White Alone, . percent of Black or African American, 49.2 percent of the Asian alone and 41.6 percent of the Hispanic or Latino population (over 25) has obtained a Bachelors Degree or Higher.

According to the 2005 American Community Survey in the State of Vermont, the most common level of education achieved in the area for the male population is the High School Diploma category, with 34.8 percent reaching this education level. The female population in the Vermont on average have achieved a greater level of higher education (Bachelors or Higher) than the men in the area: 30.6 percent (Men) versus 34.4 percent (Women). A high proportion of the female population in the area has reached the Bachelors Degree or Higher category, with 34.4 percent of the areas female population attaining this level of education.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.