In 2023, remote workers in Vermont earned 28% more than the average state employee, with a median income of $65,000 versus $51,000 for all workers. Approximately 55,000 people work remotely, representing 16% of the workforce, with notable demographic differences; they tend to be older, predominantly female, and in professional roles. Researchers point out that while the influx of higher-earning remote workers benefits the economy, it exacerbates housing demand in a state with limited supply, leading to higher prices and availability issues.
Remote workers in Vermont earned an average of $65,000 per year in 2023, significantly more than the overall state median income of $51,000.
The demographic profile of remote workers shows they are older, more likely to be women, and primarily employed in professional and administrative roles.
Peter Nelson highlights the implications of high-earning remote workers on Vermont's housing supply, noting the tension between job creation and rising housing demand.
Vermont officials promote remote work migration to boost the economy, but it has contributed to increased housing prices and reduced availability.
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