Everything You Need to Know About the City of Rutland Vermont

In 2017, Rutland, Vermont had a population of 15.7k people with a median age of 43.7 and a median household income of $42,861 dollars. Between 2016 and 2017 the population of Rutland, VT declined from 15,921 to 15,740, a -1.14 percent decrease, and its median household income grew from $41,502 dollars to $42,861 dollars, a 3.27 percent increase.

The population of Rutland, VT is 93.8 percent White Alone, 2.12 percent Asian Alone, and 1.72 percent Hispanic or Latino. N/A% of the people in Rutland, VT speak a non-English language, and 97.8 percent are U.S. citizens.

The largest universities in Rutland, VT are College of St Joseph (75 degrees awarded in 2017).

The median property value in Rutland, VT is $150,900 dollars, and the homeownership rate is 54.3 percent. Most people in Rutland, VT commute by Drove Alone, and the average commute time is 16.4 minutes. The average car ownership in Rutland, VT is 2 cars per household.


Education in Rutland

In 2017, universities in Rutland, VT awarded 75 degrees. The student of Rutland, VT is skewed towards women, with 134 males and 200 females.

Most students graduating from Universities in Rutland, VT are White (60 and 80 percent), followed by Black or African American (13 and 17.3 percent), Hispanic or Latino (2 and 2.67 percent), and Asian (0 and 0 percent).

The biggest universities in Rutland, VT by the number of degrees awarded are College of St Joseph (75 and 100 percent).

The most popular majors in Rutland, VT are General Business Administration & Management (14 and 18.7 percent), General Psychology (7 and 9.33 percent), and Other Liberal Arts & Sciences, General Studies, & Humanities (6 and 8 percent).

The median tuition costs in Rutland, VT is $23,000 dollars for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Rutland

The economy of Rutland, VT employs 7.64k people and Rutland has an unemployment rate of 3.4 percent. Rutland has seen the job market increase by 1.0 percent over the last year. Future job growth over the next ten years is predicted to be 24.7 percent, which is lower than the US average of 33.5 percent. The biggest industries in Rutland, VT are Health Care & Social Assistance (1,244 people), Accommodation & Food Services (905 people), and Retail Trade (1,028 people), and the highest paying industries are Utilities ($92,083 dollars), Transportation & Warehousing ($52,893 dollars) , and Transportation & Warehousing, & Utilities ($55,464 dollars).

Households in Rutland, VT have a median annual income of $42,861 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $41,502 dollars in 2016, which represents a 3.27 percent annual growth.


Tax Rates for Rutland

– The Sales Tax Rate for Rutland is 6.0 percent.

– The Income Tax Rate for Rutland is 6.8 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.


Income and Salaries for Rutland

– The average earnings of a Rutland resident are $23,808 dollars a year.

– The Median household earnings of a Rutland resident is $38,558 dollars a year.