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Burlington is a city that no business owner or manager can afford to
overlook! Considering all that the area has to offer, Burlington is an
excellent bargain.
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Housing |
Median Home Sales Price (2000) |
| Burlington |
$136,000 |
| Chittenden County |
$159,900 |
| Avg. New Home Construction |
$90-100 per sq. ft. |
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Labor |
Average Salaries |
| Chittenden County (1998) |
$31,517 |
| Chittenden County Manufacturing (1998) |
$35,924 |
| Vermont Retail Trade (1997) |
$15,187 |
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Taxes |
Fair and Equitable |
| Local corporate net worth tax |
0% |
| County tax |
0% |
| State sales tax |
5%* |
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*No sales tax on clothing under $110 |
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Facilities |
Average Lease Rate |
| Industrial Space |
$4.50 - 6.00 per sq. ft. |
| Premium Retail Space |
$20.00 - 30.00 per sq. ft. |
| Premium Commercial Office Space |
$14.00 - 18.00 per sq. ft. plus parking |
| Regional Meeting Facilities |
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| Number of hotels |
34 |
| Number of sleeping rooms |
3,000 |
| Total meeting space |
385,000 sq. ft. |
| Area Demographics |
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| Chittenden County Population |
146,571 |
| Chittenden County Employment |
100,700 |
| Population Aged 18-65 |
99,323 |
| Median Household Income |
$46,747 |
| Chittenden County Average Wage |
$30,631 |
| College Enrollment |
16,873 |
| Burlington Population |
39,127 |
| Burlington Area Labor Force |
104,750 |
| Chittenden County Retail Sales Per Capita |
$13,160 |
| Burlington Retail Annual Payroll |
$42,637,000 |
| Burlington Total Retail Sales |
$354,888,000 |
| Retail Market Population |
124,147 |
| Downtown's Captured Market |
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| College Faculty-Staff |
4,273 |
| Medical Complex Staff |
4,600 |
| Attorneys |
550 |
| Bank Employees |
1,108 |
| Retail/Restaurant Employees |
3,401 |
| Employees (Professional Offices) |
4,043 |
| Visitors to Church Street Marketplace Annually |
3,000,000 |
| Restaurants in Downtown |
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| Table Service |
125 |
| Self-Service or Take-Out |
65 |
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