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Washington County, VT

RANK #213 / 1001 NAT  ·  POP 60,017

1YR FORECAST: +0.8%

5YR OUTLOOK: +33%

Our model projects above-average housing market growth for Washington County at +0.8% over the next year.

[01] Why Washington County?

Montpelier, the nation's smallest state capital, anchors Washington County, Vermont, offering a blend of small-town character and natural beauty. Located centrally in Vermont, the county is about a 30-minute drive from Burlington, the state's largest city. Commuting within the county is primarily by car, with an average commute time of 23.4 minutes, though Green Mountain Transit provides bus services connecting towns like Montpelier, Waterbury, and Barre. The region is characterized by rolling hills, forests, and access to the Green Mountains, providing extensive outdoor recreation opportunities such as hiking, biking, skiing, and water activities on the Waterbury Reservoir.

Life in Washington County often appeals to those seeking a balance of peaceful living and access to outdoor activities. The public schools in Washington County are rated above average, with options including Montpelier High School and Harwood Union Middle/High School. The economy is driven by state government activities in Montpelier, along with tourism, insurance, trade, and the granite industry in Barre. While manufacturing jobs have seen a decline statewide, efforts are underway to foster growth in private-sector industries and address workforce shortages.

MARKET PROFILE

Idiosyncratic Markets

Washington County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +1.6% YoY, population +0.1%, wages +4.2%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
8.0x

Overvalued relative to economy

Home Prices
+1.6%

Below national median

Climate & Terrain
-0.6

Below-average climate & terrain

Price/Rent
16x

Above national median (15x)

Housing looks overvalued at 8.0x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    State of Vermont Government
    2,500+
  2. 2
    Central Vermont Medical Center Healthcare
    1,000+
  3. 3
    National Life Group Finance
    500+
  4. 4
    Cabot Creamery Cooperative, Inc. Manufacturing
  5. 5
    Norwich University Education
  6. 6
    New England Culinary Institute Hospitality
  7. 7
    Washington County Mental Health Services, Inc. Healthcare
    250+
  8. 8
    Vermont Mutual Insurance Group Finance

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

[04] Home Value Growth vs National

Washington County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
60,017
+0.1% YoY
Median Household Income
$83,449
Median Home Value
$315,000
+1.59% 12mo
Median Rent
$1,163
Average Annual Pay
$70,634
+4.2% YoY
Employment
33,276
-0.6% YoY
Income-to-Home-Value
0.2649
More affordable than average
Migration Inflow
2.68%
of pop. from another state
Bachelor's Degree+
48.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$400,000
Days on Market
66
Slower market
Months of Supply
5.0
Buyer's market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
16.0%
Listings w/ Price Drops
22.9%
Building Permits (2025)
156
Single-Family Permits
130

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

[05] Crime & Safety

C+
SAFETY
GRADE
Firearm Fatalities
12.2
per 100K · nat avg 14.8
Injury Deaths
95.3
per 100K · nat avg 76.3
vs National Average
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] Score Breakdown

Population Growth +0.1% 26 percentile
Income Growth +4.5% 85 percentile
Vacancy Rate 0.7% 73 percentile
Home Price Change +1.6% 49 percentile
Rent Growth +5.8% 85 percentile
Price/Rent 16x 38 percentile

Bars show percentile rank among all 1001 counties.

[07] Frequently Asked Questions

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

With a Boom Town Index score of 79/100, Washington County sits in the upper half of all 1001 ranked counties. and median household income stands at $83,449 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in VT.

Is Washington County affordable?

Housing in Washington County is roughly in line with national affordability norms. The median home costs $315,000 and the income-to-home-value ratio sits at 0.26, with rents averaging $1,163/month. Not a bargain, but not a stretch for most local earners either.

Is Washington County growing or shrinking?

Population and employment in Washington County are both close to flat — population +0.1% YoY and jobs -0.6%. Home values shifted +1.6% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Washington County?

There's a moderate stream of newcomers. About 2.68% of residents moved from another state, which is above average and suggests Washington County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[08] Similar Counties by Size & Score

Rutland County, VT 74 Windsor County, VT 66 Franklin County, VT 53 Chittenden County, VT 13 Herkimer County, NY 79 Russell County, AL 79 Tuscola County, MI 79 Otter Tail County, MN 78