Montpelier Apartment Features
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Living In Montpelier, VT
A small town in Vermont, Montpelier has just under 8,000 residents. Retirees account for a greater percentage of the population (19%) here than nationally (14%), while young adults are less well-represented. Most Montpelier residents own their homes, and 45% of residents rent. At $992/month, the average rent is roughly on par with the state average.
Averaging about 20 minutes, the commute time for Montpelier residents is faster than the state average of about 21 minutes. Driving a vehicle is the prevailing means of commuting to work, chosen by 39% of commuters, while public transportation is not extensively used. Not many residents (8%) commute to work on foot, though the number far exceeds the national average.
Montpelier has a large percentage of residents over the age of 25 who have advanced degrees compared to the national average (7%), as 18% possess a Master's or a Doctorate. Additionally, 21% have earned a Bachelor's degree, which also outpaces the national average. Many Montpelier residents work in one of five industries: education, healthcare, scientific, retail, and public administration. Combined, these industries account for 37% of the labor force in the town. Meanwhile, in terms of job function, many workers in these industries are in management, which ranks as the top profession in the town. With an average annual income of nearly $73,000, Montpelier workers bring in more than the average Vermont resident. However, the town's average income is just about on par with the national average ($73,345).
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