Is Burlington, Vermont a Good Place To Live? - Living In Burlington, VT
Is Burlington, Vermont a good place to live?
Burlington is a city in Vermont state in USA with a population of 42645 residents..
The poverty rate of Burlington is 25%, which is 79% higher than national average.
The typical household in Burlington earns $55461 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 12 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 45.8% 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 Burlington, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Burlington remained 4.2%, which is 11% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Burlington, only 53% of adults have a bachelor's degree and 20% have some college but no degree.
Cost of living in Burlington is 118, which is 18% higher than national average. Median home value in Burlington is $312200 , which is 36% higher than national average. While median income in Burlington remained $55461, which is 18% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Burlington, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Burlington remained 4.2%, which is 11% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Burlington, only 53% of adults have a bachelor's degree and 20% have some college but no degree.
Cost of living in Burlington is 118, which is 18% higher than national average. Median home value in Burlington is $312200 , which is 36% higher than national average. While median income in Burlington remained $55461, which is 18% lower than national average.
Population
42645
Unemployment
4.2%
Poverty
25%
Overall Score
7.5
Median Home Cost
$312200
36%
NAT AVG.
Median Income
$55461
18%
NAT AVG.
Median Rent
$1279
10%
NAT AVG.
Cost Of Living
118
18%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 24
People Earning < $10,000
1 in 12
People Earning < $50,000
45.8%
People with <= High School
1 in 3.7
People With Any Degree
1 in 1.7
Pros & Cons Overview
Jobs80%
Housing85%
Affordability30%
Safety50%
Amenities95%
Diversity70%
Education85%
Commute90%
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