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Rutland County, VT

RANK #306 / 996 NAT  ·  POP 60,585

1YR FORECAST: +1.8%

5YR OUTLOOK: +29%

Our model projects above-average housing market growth for Rutland County at +1.8% over the next year.

[01] Why Rutland County?

Rutland County, Vermont, is often recognized for its access to outdoor recreation, particularly the Killington and Pico ski resorts, which offer extensive winter sports and year-round mountain activities. Located in western Vermont, the county is framed by the Green Mountains to the east and the Taconic Mountains to the west. Rutland City, the county seat, features a historic downtown district with a restored 1912 Paramount Theatre and public art installations. Commuting within the county is facilitated by "The Bus," the largest non-urban public transportation system in Vermont, offering routes connecting various towns and services. The community offers a blend of country roads, quaint villages, and historic centers.

Life in Rutland County appeals to a mix of young professionals and retirees, with a notable emphasis on outdoor activities and a strong sense of community. Educational options include K-12 schools within districts like Rutland City Public Schools and Greater Rutland County Supervisory Union, alongside higher education institutions such as Vermont State University-Castleton. The local economy, historically rooted in marble mining and rail transport, has diversified. Recent economic developments focus on attracting new residents and businesses, with efforts in workforce training and support for startups. There is also investment in expanding affordable housing and improving infrastructure to support manufacturing and business growth.

[02] Market Snapshot

Housing Ratio
4.2x

Below national median (4.7x)

GDP Growth
+3.5%

Above national median

Home Prices
+2.7%

Outpacing national median

Climate & Terrain
-0.3

Below-average climate & terrain

Price/Rent
19x

Above national median (13x)

Housing is fairly valued at 4.2x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Rutland Regional Medical Center Healthcare
    1,000+
  2. 2
    GE Aviation (Rutland Plant) Manufacturing
  3. 3
    Killington Mountain Resort Hospitality
    500+
  4. 4
    Casella Waste Systems Other
  5. 5
    Walmart Retail
    250+
  6. 6
    Green Mountain Power Energy
  7. 7
    United States Postal Service Logistics
    100+
  8. 8
    McDonald's Hospitality
  9. 9
    The Home Depot Retail
  10. 10
    Aldi Retail
    75

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Rutland County U.S. National

The Numbers

DEMOGRAPHICS
Population
60,585
-0.13% YoY
Median Household Income
$62,641
Median Home Value
$203,500
+2.69% 12mo
Median Rent
$891
Average Annual Pay
$58,753
+5.1% YoY
Employment
25,313
+0.7% YoY
Income-to-Home-Value
0.3078
More affordable than average
Migration Inflow
1.12%
of pop. from another state
Bachelor's Degree+
33.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$282,500
Days on Market
125
Slower market
Months of Supply
5.2
Buyer's market
Sale-to-List Ratio
92.9%
Negotiation room for buyers
Sold Above List
9.1%
Listings w/ Price Drops
10.5%
Building Permits (2024)
135
Single-Family Permits
89

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.4
per 100K · nat avg 6.3
Firearm Fatalities
12.9
per 100K · nat avg 14.8
Injury Deaths
125.5
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
39.0
Good
Good Air Days
74%
810 of 1,094 days
Unhealthy+ Days (3yr)
3
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
40
2022
39
2023
38
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$250M
TOTAL
PROJECT AMOUNT STATUS
Rutland City Housing Initiative (1,000 new units goal)
City of Rutland, Housing Trust of Rutland County, Cornerstone Housing Partners
$250M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +3.5% 66 percentile
Population Growth -0.1% 23 percentile
Income Growth +4.8% 4 percentile
Vacancy Rate 0.8% 78 percentile
Home Price Change +2.7% 68 percentile
Price/Rent 19x 11 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Rutland County, VT a good place to move to?

With a Boom Town Index score of 69/100, Rutland County sits in the upper half of all 996 ranked counties. Employment is expanding at +0.7%, and median household income stands at $62,641 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in VT.

Is Rutland County affordable?

Housing in Rutland County is roughly in line with national affordability norms. The median home costs $203,500 and the income-to-home-value ratio sits at 0.31, with rents averaging $891/month. Not a bargain, but not a stretch for most local earners either.

Is Rutland County growing or shrinking?

Population and employment in Rutland County are both close to flat — population -0.1% YoY and jobs +0.7%. Home values shifted +2.7% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are many people relocating to Rutland County?

Not particularly — 1.12% of Rutland County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

[10] Similar Counties by Size & Score

Windsor County, VT 51 Franklin County, VT 47 Washington County, VT 35 Chittenden County, VT 1 Madison County, ID 69 Wayne County, PA 69 Clinton County, NY 69 Garfield County, CO 70