The Green Mountain State offers America's peak quality of life. But finding workers can be challenging.
Vermont Score and Ranking
Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
---|---|---|---|---|
Cost of Doing Business | 154 | 38 | 36 | D+ |
Workforce | 147 | 46 | 50 | D |
Life, Health & Inclusion | 317 | 1 | -- | A+ |
Infrastructure | 101 | 50 | 24 | F |
Business Friendliness | 121 | 33 | 34 | C |
Access to Capital | 88 | 31 | 45 | C- |
Economy | 22 | 49 | 44 | F |
Technology & Innovation | 89 | 26 | 27 | C |
Education | 107 | 5 | 15 | A- |
Cost of Living | 17 | 40 | 40 | D- |
Overall | 1163 | 42 | 40 | -- |
Economic Profile
Governor: Phil Scott, Republican
Population: 623,347
GDP growth (Q1 2021): 6.1%
Unemployment rate (May 2021): 2.6%
Top corporate tax rate: 8.5%
Top individual income tax rate: 8.75%
Gasoline tax: 30.46 cents/gallon
Bond rating (Moody's/S&P): Aa1, stable/AA+, negative
Major private employers: Fletcher Allen Health Care, Casella Waste Systems
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence