Vermont ranked 20th highest in the U.S. for average income in 2021

Luis J. Cano Chief Information Officer, U.S. Census Bureau - census.gov
Luis J. Cano Chief Information Officer, U.S. Census Bureau - census.gov
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Vermont ranked 20th highest among U.S. states for average annual earnings per resident, according to data obtained from the U.S. Census Bureau.

With a median income of $34,798 per year after inflation adjustments, Vermont has a total of 262,514 households within its resident population of 641,637.

Ranking first place nationwide was Maryland, where residents earn an inflation-adjusted median income of $43,983 annually. This is $9,185 more than what the average Vermont resident earns. Maryland was home to 2,294,270 households and had a total population of 6,148,545.

At the opposite end of the scale, Mississippi ranked lowest in the U.S. for its inflation-adjusted median income at $26,510 per year – $8,288 less than that of Vermont. Mississippi was comprised of 1,108,670 households and had a total population of 2,967,023.

Vermont Median Income Over 5 Years

U.S. States Ranked by Annual Earnings Per Resident in 2021:

Rank State Earnings Per Resident
1 Maryland $43,983
2 Massachusetts $42,076
3 New Jersey $41,837
4 Connecticut $40,682
5 Washington $40,404
6 Colorado $40,259
7 Minnesota $39,756
8 New Hampshire $39,627
9 Virginia $39,236
10 Hawaii $38,869
11 North Dakota $37,861
12 New York $37,469
13 Alaska $37,368
14 Delaware $36,872
15 Illinois $36,729
16 California $36,281
17 Wisconsin $36,247
18 Rhode Island $35,705
19 Nebraska $35,128
20 Vermont $34,798
21 Iowa $34,784
22 Wyoming $34,678
23 Oregon $34,478
24 Pennsylvania $34,229
25 Kansas $34,153
26 Utah $34,103
27 South Dakota $33,961
28 Nevada $33,832
29 Arizona $33,786
30 Texas $33,644
31 Ohio $32,980
32 Maine $32,861
33 Indiana $32,716
34 Georgia $32,657
35 Michigan $32,451
36 Missouri $32,362
37 North Carolina $31,840
38 Montana $31,459
39 Florida $31,169
40 Tennessee $30,955
41 Oklahoma $30,736
42 South Carolina $30,649
43 Idaho $30,621
44 Kentucky $29,523
45 Alabama $28,741
46 Louisiana $28,462
47 New Mexico $28,284
48 Arkansas $27,980
49 West Virginia $27,302
50 Mississippi $26,510


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