Franklin County, Vermont
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Franklin County Compares
Detailed Income Statistics
Income Advisory: Franklin County
Income Verdict
Franklin County has a median household income of $79,078 and per capita income of $38,447 — a gap of $40,631, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $1,164/month and a median household income of $79,078, rent consumes approximately 17.7% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $79,078 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $38,447 is in line with national norms for individual earners.
Neighbor Context
Franklin County earns approximately 5.4% above the Vermont state median household income of $75,043, positioning it favorably within the state.
Data Story
About Household Income in Franklin County, Vermont
Franklin slightly above national average
Franklin County's median household income of $79,078 exceeds the U.S. median of $74,755 by about 6%. The county's diverse economy—combining agriculture, manufacturing, and services—supports solid middle-class earnings.
Fourth-ranked among Vermont counties
Franklin ranks 4th of 14 Vermont counties, running $4,035 above the state average of $75,043. The county's per capita income of $38,447 sits slightly below the state mean, indicating less extreme income inequality.
Between Addison and Lamoille
Franklin's $79,078 median sits $9,400 below Addison County ($88,478) but $9,181 above Lamoille County ($69,897). The county's position reflects its role as a bridge between wealthier west-side communities and more modest northeast counties.
Housing costs remain reasonable
Franklin's rent-to-income ratio of 17.7% stays comfortably within the 20% affordability range, giving residents genuine housing flexibility. The median home value of $285,500 aligns well with median household income, supporting both rental and ownership pathways.
Franklin's steady income fuels saving
With median household income near $79,000, Franklin families have meaningful capacity to save and invest regularly. Establish automatic monthly transfers to a savings account, take full advantage of employer retirement matching, and consider index funds for long-term growth.
Frequently Asked Questions
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Income Comparison Calculator
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Income Adequacy
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.