Addison County, Vermont: commercial real estate data.
Addison County, Vermont has a population of 37,664 across 766 square miles, up 1.8 percent since the 2020 census base. County output reached $2.31 bn in 2024, 1,158 establishments operate here, and the SBA record carries 42 7(a) approvals worth $9.5 m.
122 sourced county values · tier FULL · 11 sections
Addison County
How many people live in Addison County
- Population37,664
- Households14,966
- Average household size2.52
- Median household income$89,639
- Median age44.1
- Median gross rent$1,177 per month
- Median owner-occupied home value$361,200
- Home value to household income4.0 times
- Annual rent as a share of median income15.8 percent
- Adults 25 and over with a bachelor degree or higher43.6 percent
- Adults 25 and over with a graduate degree18.6 percent
- Adults 25 and over26,525
- Population under 186,031
- Share under 1816.0 percent
- Population 65 and over8,500
- Share 65 and over22.6 percent
- Working age population, 18 to 6423,133
- Civilian labor force20,819
- Unemployment rate3.8 percent
- Labor force participation, adults 18 and over65.8 percent
- Rank by population among Vermont counties7th of 14
- Rank by population among US county-equivalents1266th
Addison County is the 7th largest of 14 Vermont counties by population. A median home costs 4.0 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 22.6 percent against 16.0 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Addison County
Is Addison County growing
- Population change since the 2020 census base1.84 percent
- Census 2020 base population37,360
- Births, 2024264
- Deaths, 2024329
- Natural change, 2024-65
- Net domestic migration, 2024-28
- Net international migration, 2024255
- Total net migration, 2024227
- Cumulative net domestic migration, 2021 to 2024385
- Rank by growth among US county-equivalents1224th
The county has grown 1.84 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Addison County
Where people moving to Addison County come from
- Tax returns filed by households arriving974
- People arriving, from those returns1,564
- Adjusted gross income arriving$74.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$76,850
- Largest single originAddison County Non-migrants (15,539 households)
- Largest single destination (15,539 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Addison County Non-migrants | 15,539 | 28,969 | $1.41 bn |
| Other flows - Different State | 480 | 795 | $44.9 m |
| Chittenden County | 256 | 383 | $16.4 m |
| Other flows - Northeast | 214 | 329 | $18.4 m |
| Other flows - South | 117 | 209 | $11.7 m |
| Other flows - West | 116 | 208 | $12.4 m |
| Rutland County | 91 | 152 | $4.2 m |
| Other flows - Same State | 61 | 101 | $3.6 m |
The largest single source of arrivals is Addison County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Addison County
What the Addison County economy runs on
- County GDP, 2024$2.31 bn
- County GDP, 2023$2.15 bn
- GDP change, 2023 to 20247.3 percent
- GDP change over five years37.2 percent
- Rank by GDP among Vermont counties8th
- Rank by GDP among US county-equivalents1171st
- GDP per resident$61,211
Output grew 7.3 percent in the latest year and 37.2 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Addison County
Who employs people in Addison County
- Covered employment, annual average15,525
- Establishments reporting1,811
- Average annual pay$60,042
- Average weekly wage$1,155
- Sector 31-33, employment1,817
- Sector 31-33, average annual pay$79,869
- Sector 44-45, employment1,646
- Sector 44-45, average annual pay$40,565
- Sector 72, employment1,146
- Sector 72, average annual pay$30,680
- Sector 23, employment1,037
- Sector 23, average annual pay$65,146
- Sector 54, employment736
- Sector 11, employment691
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 1,817 | 66 | $79,869 |
| Sector 44-45 | 1,646 | 157 | $40,565 |
| Sector 72 | 1,146 | 88 | $30,680 |
| Sector 23 | 1,037 | 228 | $65,146 |
| Sector 54 | 736 | 359 | $113,770 |
| Sector 11 | 691 | 83 | $48,906 |
| Sector 81 | 424 | 120 | $49,133 |
| Sector 56 | 379 | 168 | $59,185 |
The largest sector is the biggest private employer group at 1,817 jobs, 11.7 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Addison County
What businesses operate in Addison County
- Establishments, all industries1,158
- Employment at those establishments13,471
- Annual payroll$692.3 m
- Establishments per 1,000 residents30.7
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Addison County
What is being built in Addison County
- Housing units authorised by permit, 2024113
- Declared construction value permitted$33.9 m
- Single family units authorised105
- Multifamily units authorised8
- Multifamily share of units7.1 percent
- Average declared value per unit$299,639
- Units authorised per 1,000 households7.6
Multifamily is 7.1 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Addison County
How much SBA lending happens in Addison County
- 7(a) approvals recorded42
- 7(a) gross approval dollars$9.5 m
- Average 7(a) approval$226,652
- Median 7(a) approval$75,000
- 10th percentile approval$25,000
- 90th percentile approval$300,000
- Largest single approval$4,120,000
- Jobs reported supported, 7(a)279
- Jobs per approval6.6
- Distinct 7(a) lenders active18
- Distinct industries receiving approvals29
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer2.4 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter40
- Franchise loans1
- Franchise share of approvals2.4 percent
- Leading industry by approval countNew Single-Family Housing Construction (except For-Sale Builders) (4)
- Most active lenderManufacturers and Traders Trust Company (7)
- 504 approvals recorded13
- 504 gross approval dollars$11.2 m
- Average 504 approval$864,538
- Median 504 approval$408,000
- Distinct CDCs active3
- 504 jobs per approval4.7
- 504 jobs per million dollars approved5.4
- Most active CDCGranite State Economic Development Corporation (9)
- 7(a) share of SBA approvals76.4 percent
- Combined SBA approval dollars$20.8 m
The average approval of $226,652 sits well above the median of $75,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 2.4 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Addison County
Do SBA loans in Addison County get paid back
- Loans with a final outcome recorded12
- Paid in full12
- Charged off0
- Charge off rate on resolved loans0.0 percent
- Status: Exempt from disclosure23
- Status: Paid in full12
- Status: Cancelled6
- Status: Committed, not yet disbursed1
Of the 12 loans that have reached a final outcome, 0.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Addison County
Which parts of Addison County get the lending
- Places in the county with recorded lending15
- MIDDLEBURY, approvals11
- Bristol, approvals9
- VERGENNES, approvals5
- LINCOLN, approvals2
- WEYBRIDGE, approvals2
- New Haven, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| MIDDLEBURY | 11 | $1,832,500 |
| Bristol | 9 | $1,956,200 |
| VERGENNES | 5 | $302,200 |
| LINCOLN | 2 | $175,000 |
| WEYBRIDGE | 2 | $292,000 |
| New Haven | 2 | $125,000 |
| STARKSBORO | 2 | $4,190,000 |
| Salisbury | 2 | $89,000 |
MIDDLEBURY accounts for 11 approvals against 9 in Bristol. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Addison County
How big is Addison County
- Land area766 sq mi
- Rank by land area among Vermont counties4th of 14
- Width, east to west34.6 mi
- Height, north to south37.3 mi
- Geographies sharing a boundary5
- Residents per square mile of land49
- Establishments per square mile1.51
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Addison County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Addison County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population37,664
- Households14,966
- Average household size2.52
- Median household income$89,639
- Median age44.1
Common questions
Addison County questions, answered from the record.
How many people live in Addison County, Vermont?
37,664, in 14,966 households, ranking 7th of 14 Vermont counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Addison County growing?
The population has grown 1.84 percent since the 2020 census base. In 2024 there were 264 births against 329 deaths, with net migration of 227. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Addison County?
$89,639. The median owner-occupied home is valued at $361,200, which is 4.0 times income, and median gross rent is $1,177 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Addison County?
1,158 establishments, employing 13,471 people with an annual payroll of $692.3 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Addison County?
Average annual pay is $60,042, or $1,155 a week, across 15,525 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Addison County?
42 7(a) approvals totalling $9.5 m since FY2020, across 18 lenders, with a median approval of $75,000, plus 13 504 approvals worth $11.2 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Addison County get paid back?
Of the 12 loans that have reached a final outcome, 12 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Addison County?
113 housing units were authorised by permit in 2024, with a declared construction value of $33.9 m. Multifamily was 7.1 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Addison County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Addison County come from?
The largest single origin is Addison County Non-migrants, with 15,539 households. Arriving households report an average income of $76,850 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Addison County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Addison County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.