Amenities
Within the vicinity, you'll find a wealth of amenities, from restaurants and coffee shops to grocery stores and local shops, all easily accessible on foot.
Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Schools
A high score in the schools category could be the result of elements like top-notch test scores, high education levels and the convenient location of elementary and high schools in this area.
Cost Of Living
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Montpelier, Vermont is a smaller city with a population of 7,434 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (94% White). Given that fact, Montpelier could be considered less diverse than other cities. Single men and women might be happy to hear that in Montpelier, only 50% of the population is married. If you prefer shorter commutes, living in Montpelier will be a delight. With an average one-way commute time of just 20 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Living in Montpelier can be a positive experience for anyone moving to the area. Having said that, in the state of Vermont, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like crime, cost of living, health & safety, employment and other key data points, finding the best places to live in Montpelier and in the areas around Montpelier is a much easier task.
Montpelier has a livability score of 84 out of 100 and is ranked #3 in Vermont and #520 in the USA. Clearly, Montpelier is doing something right, as this score ranks well above the average of most cities. Montpelier is also ranked in the top 10 percentile of all cities across the USA. If we dig down a little deeper into each category within the livability score, we see that Montpelier has higher than average rankings for the following: amenities (A+), crime (B+), education (A+), employment (A-) and housing (B+). There is at least one category that did not score well in Montpelier. The following was graded with a concerning score: cost of living (D).
The mantra of real estate, "location, location, location," underscores the importance of where a property is situated, making it a pivotal factor in your quest for a new home. Fortunately, when you're living in Montpelier, you'll discover an abundance of exceptional local amenities and lots of things to do. Among these are conveniently located grocery stores, charming coffee shops, diverse dining options and plenty of spacious parks. These local amenities contribute significantly to its overall appeal, ensuring that your daily needs are met and offering ample opportunities for leisure and recreation. When considering your next move, the thriving local scene in Montpelier undoubtedly enhances its desirability, affirming the significance of its prime location.
The unemployment rate in Montpelier has consistently declined over the years and currently stands well below the national average at 2.01%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Montpelier has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Montpelier meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Montpelier. Everything else becomes a lot less important if it turns out that home prices in Montpelier are simply unattainable. Median real estate prices in Montpelier come in at $257,300, which is 17.5% higher than the Vermont average. The home price to income ratio compares the median home prices to the median household income. In Montpelier, the home price to income ratio is 3.9, which is 0% lower than the Vermont average.
| Statistic | Montpelier | Vermont | National |
| Average one way commute | 20min | 23min | 26min |
| Workers who drive to work | 63.3% | 75.6% | 76.4% |
| Workers who carpool | 4.4% | 9.1% | 9.3% |
| Workers who take public transit | 3.1% | 1.2% | 5.1% |
| Workers who bicycle | 1.3% | 0.8% | 0.6% |
| Workers who walk | 13.9% | 5.7% | 2.8% |
| Working from home | 13.8% | 6.7% | 4.6% |
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