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Vermont Economy Essay

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Recommended: Vermont's economic development

The Vermont Economy

The economy in Vermont today, is doing very well. The reason the economy is doing so well, is due to the states location. Since most of Vermont’s income is based off of the production of dairy, it is important that the state has the appropriate land and weather to support farming. The most important part of the success of Vermont’s economy are the jobs available, which allow people to make money and to participate in fun activities.

There are many accessible jobs in Vermont that people can work. This variety of employment opportunities allow for a balanced and successful economy. One important industry in Vermont is healthcare. Due to the medical programs at the University of Vermont (UVM), many nurses and doctors are well trained and highly qualified to begin working in hospitals and nursing homes around the state. With UVM producing these professionals to take care of patients who are sick or injured, the economy is able to remain successful through the people being healthy and ready to work. It is important for people to be healthy so they are able …show more content…

According to “Economic Demographic Profile Series” from 2015, Barre town’s median income is $40,902, Danville’s median income is $35,255, Jay’s median income is $27,585 and Montpelier City’s median income is $39,019. One reason why some towns have a higher median income than others could be due to the amount of land each one has. If some towns have more land than others there is more space for farming, which brings in more money. Another explanation for these different incomes could be the population of each town. The more people living in a town means there is a greater chance that these people will be working. Although these towns have different incomes, the median is still very high showing that Vermont’s economy is doing

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