Chittenden County · Vermont · Northeast · 45k residents
Burlington, VT: economy, jobs & business costs
The site-selection read on Burlington: labor costs, talent, corporate tax, energy, and business activity, with the Vermont median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,471/wk. Vermont's corporate income tax rate is 8.5%. Commercial electricity averages 18.9¢/kWh.
Compare Burlington side by side
Avg. weekly wage
$1,471/wk
Corporate income tax
8.5%
Bachelor's degree or higher
60.5%
Commercial electricity
18.9¢/kWh
Economic momentum
How fast Burlington's economy is moving, ranked against the US cities we track.
60/100
Steady
Ranks Burlington's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| Median home value | $480,000 |
| Price per sq. ft. | $320 |
| Property tax rate | 1.9% |
| 1-bedroom rent | $1,750/mo |
| 2-bedroom rent | $2,100/mo |
| State & local income tax | 2.8% |
| Sales tax | 7% |
| Corporate income tax | 8.5% |
| Avg. weekly wage | $1,471/wk |
| Bachelor's degree or higher | 60.5% |
| Commercial electricity | 18.9¢/kWh |
| Businesses per 1k residents | 56.8/1k |
| Wage: Software developer | $126,940 |
| Wage: Registered nurse | $98,330 |
| Wage: General manager | $98,430 |
| Wage: Customer service | $50,160 |
| Wage: Warehouse worker | $37,780 |
| Wage: Heavy truck driver | $62,460 |
| Wage: Electrician | $66,860 |
| Wage: Retail salesperson | $37,330 |
| Cost of living index | 112 |
| Groceries index | 108 |
| Utilities | $175/mo |
| Transit pass | $0/mo |
| Gas price | $3.40/gal |
| Healthcare index | 110 |
| Childcare (per child) | $1,600/mo |
| Median household income | $60,000 |
| Unemployment rate | 2.5% |
| Population | 45k |
| Crime index | 33/100 |
| School rating | 7.0/10 |
| Walkability | 65/100 |
| Disaster risk | 64/100 |
| Avg. commute | 18 min |
| Sunny days / year | 168 days |
| July high | 82°F |
| January low | 13°F |
| Annual snowfall | 88 in |
| Home price YoY | -1.7% |
| Home price MoM | -0.3% |
| Rent YoY | +1.8% |
| Rent MoM | +0.3% |
| Employment (jobs) YoY | -0.1% |
| Building permits YoY | +138.2% |
| Ocean coast | 159 mi |
| Big lake | 4 mi |
| Mountains | 21 mi |
| Major airport | 123 mi |
| Ski resort | 22 mi |
Popular comparisons
Nearby
- South Burlington, VT · 21k
- Rutland, VT · 16k
Real listings in Burlington
LoopNet ↗Crexi ↗CommercialCafe ↗
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- Is Burlington a good place to run a business?
- Vermont's corporate income tax rate is 8.5%; average weekly wages in the surrounding labor market run $1,471/wk; commercial electricity averages 18.9¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Burlington, VT?
- Burlington indexes at 112 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,100/mo and a median home value of $480,000.
- How much does a house cost in Burlington?
- The median home value in Burlington is $480,000 (compiled estimate; individual listings vary).
- How much is rent in Burlington?
- A two-bedroom in Burlington rents for about $2,100/mo.