Income & Economy in Bakersfield, VT

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$88,438

+21% vs national

Per Capita Income

$37,537

+1% vs national

Poverty Rate

1.9%

-86% vs national

Gini Index

0.3688

0 = perfect equality

Unemployment

11.9%

+128% vs national

SNAP Recipients

8.1%

of households

How Bakersfield Compares

Source: Census ACS (2023)

Bakersfield vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Bakersfield is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Bakersfield. The median household income here is $88,438.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.8%
$25-50K
8.8%
$50-75K
26.4%
$75-100K
26.4%
$100-150K
12.8%
$150-200K
8.1%
$200K+
10.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

11.9%

+153% vs VT avg

Labor Force

202

Employed

178

Mean Commute

25 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

26.5%

of adults 25+

High School Diploma+

56.5%

of adults 25+

Median Age

47.6

Work from Home

15.5%

of workers

The median household income in Bakersfield, VT is $88,438, which is 20.8% above the national average of $73,224. Per capita income is $37,537. The poverty rate of 1.9% is lower than the VT state average of 10.4%. The Gini index of income inequality is 0.3688, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 11.9%, compared to the state average of 4.7%. 26.5% of adults hold a bachelor's degree or higher. The average commute time is 25 minutes, with 15.5% working from home.