Real Estate

The Richest City in Vermont and the State’s Top 15 Wealthiest Areas

A detailed ranking of the top 15 richest cities in Vermont based on income, home values, and taxes, using the latest U.S. Census data. From ski resorts to lakefront towns, these communities lead the state in affluence and real estate values.

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Photo: King of Hearts, CC BY-SA 4.0, via Wikimedia Commons
Drone photo of a Vermont village with a winding river, forested hills, and autumn-colored trees
Aerial view of a small Vermont town surrounded by fall foliage, illustrating the state’s rural affluence and scenic charm.

Vermont’s Wealthiest Communities: 2025 Rankings

A new study using the U.S. Census Bureau’s 2023 American Community Survey has revealed the top 15 richest cities and towns in Vermont. Drawing on four key indicators—median household income, mean household income, median home value, and median property taxes paid—the rankings showcase the state’s most affluent enclaves, from scenic ski resorts to charming lakefront towns.

The methodology scores each city on all four metrics, then combines those scores into a comprehensive ranking. Importantly, income and home value figures in the census data are capped at certain thresholds—$250,000+ for household income and $2 million+ for home value. To account for this, mean household income was weighted heavily for its greater granularity.

Additionally, many entries in this ranking are census-designated places (CDPs), which may not be incorporated municipalities but are treated by the Census Bureau as distinct communities.

Stratton Mountain Tops the List

Vermont’s richest city is Stratton Mountain, a high-end ski resort area within the town of Stratton. While it’s home to just 36 households, Stratton Mountain leads the state with a median household income of $174,722 and an average household income of $262,881. Real estate here is also Vermont’s most valuable, with a median home price surpassing $1 million and annual property taxes exceeding $10,000 per household.

Norwich: A Dual Appearance

Second place goes to Norwich CDP, the central village of Norwich town. The CDP boasts a median household income of $167,625 and an average household income of $211,552. Homes are valued at a median of $642,200, and property taxes are again above the $10,000 mark. Norwich town—distinct from the CDP—ranks third overall. With 1,272 households, the town has slightly lower figures: a median household income of $140,139, an average income of $200,676, and a median home value of $576,300.

Historic Charm in Old Bennington

Fourth on the list is Old Bennington, a historic village of 74 households. Known for its Revolutionary War heritage and the Bennington Battle Monument, Old Bennington combines affluence with a more modest real estate profile. The median household income is $154,375 and mean household income is $186,453, while homes are valued at $394,600. Median property taxes are $8,393 annually.

Lake Champlain Luxury in Charlotte

Rounding out the top five is Charlotte, a picturesque town along Lake Champlain, just south of Burlington. With 1,754 households, Charlotte ranks high in both income and property value: a median household income of $136,385, a mean income of $165,858, and a median home value of $659,800. Median annual property taxes are $9,043.

Complete Ranking: Vermont’s 15 Richest Places

Below are the top 15 wealthiest cities and towns in Vermont, sorted by combined scores from the four economic indicators:

RankCity/TownHouseholdsMedian IncomeMean IncomeMedian Home ValueMedian Property Taxes
1Stratton Mountain36$174,722$262,881$1,045,500$10,000+
2Norwich CDP345$167,625$211,552$642,200$10,000+
3Norwich town1,272$140,139$200,676$576,300$10,000+
4Old Bennington74$154,375$186,453$394,600$8,393
5Charlotte1,754$136,385$165,858$659,800$9,043
6South Hero town631$137,917$181,272$520,200$7,355
7Woodstock town1,349$123,735$151,974$534,400$9,398
8Woodstock village463$103,750$152,316$659,300$10,000+
9Shelburne3,341$115,019$161,333$515,800$7,286
10South Hero CDP70$118,750$173,401$442,900$6,458
11Waterbury Center106$151,389$154,057$292,500$5,427
12Dorset177$148,385$127,706$482,400$5,490
13Jericho2,061$115,223$155,421$469,700$7,100
14Grafton27$111,875$131,274$517,900$8,438
15Weston19$117,083$112,937$569,400$8,750
Photo: Image by ThecbLife
Modern home with large windows and brick chimney set against a forested backdrop in Vermont
Contemporary luxury home in Vermont, showcasing the upscale real estate found in some of the state's wealthiest towns.

Wealth, Density, and Perspective

While Stratton Mountain and Old Bennington top the list in wealth, they’re also among the smallest communities by household count. Meanwhile, towns like Shelburne and Charlotte combine affluence with larger populations, reflecting Vermont’s mix of secluded luxury and broader suburban prosperity.

Whether driven by resort tourism, historic charm, or proximity to lakes and tech corridors, Vermont’s richest communities reflect a range of lifestyle choices and economic strengths. As new census data emerges, these rankings may evolve—but for now, Stratton Mountain stands as Vermont’s wealthiest enclave.

Source: Forbes, June 25, 2025.