State Overview · Census CBP 2023

Vermont Industries

Employment and payroll benchmarks for 577 industries in Vermont

Reading the Vermont Industry Picture

Vermont (VT) shows 992,697 workers employed across 83,950 business establishments, covering 577 industries tracked by the Census Bureau County Business Patterns 2023 program. That single-state footprint is a starting point for anyone benchmarking location strategy, evaluating a market for expansion, or simply understanding where jobs concentrate. The single largest employer-industry in Vermont is Health Care and Social Assistance with 48,409 workers — a signal about what kind of labor market and supplier ecosystem the state actually supports.

Beyond the top employer, Retail Trade (37,491) and Accommodation and Food Services (32,546) fill out the top three, giving you a quick read on the state's economic base. Payroll dispersion is just as important as headcount: the highest-paying tracked industry (Wholesale Trade) pays $223,420/yr per employee, while the lowest-paying (Arts, Entertainment, and Recreation) pays $16,777/yr. That gap tells you how the state's median wage is being pulled up or down by its industry composition — critical context for anyone comparing cost of labor across markets.

Census CBP data does not include profit margins (that comes from IRS Statistics of Income at the national level only), so a full benchmark on any specific NAICS code in Vermont requires combining this state page with the national industry page. Click any industry in the table below to drop into a Vermont-specific NAICS view showing employment, establishments, annual payroll, and average compensation for that exact combination — then cross-reference the national page for profitability, entity structure, and SBA lending activity in the same industry.

Total Employment

992,697

Total Establishments

83,950

Industries Tracked

577

Top Industries by Employment

Industry Employment
Health Care and Social Assistance

NAICS 62

48,409
Retail Trade

NAICS 44

37,491
Accommodation and Food Services

NAICS 72

32,546
Manufacturing

NAICS 31

29,246
Accommodation and Food Services

NAICS 722

20,319
Health Care and Social Assistance

NAICS 621

17,747
Accommodation and Food Services

NAICS 7225

17,288
Accommodation and Food Services

NAICS 72251

17,288
Construction

NAICS 23

15,177
Educational Services

NAICS 61

14,445
Educational Services

NAICS 611

14,445
Health Care and Social Assistance

NAICS 622

14,318
Health Care and Social Assistance

NAICS 6221

13,856
Health Care and Social Assistance

NAICS 62211

13,856
Health Care and Social Assistance

NAICS 622110

13,856
Professional, Scientific, and Technical Services

NAICS 54

13,524
Professional, Scientific, and Technical Services

NAICS 541

13,524
Accommodation and Food Services

NAICS 721

12,227
Accommodation and Food Services

NAICS 7211

11,908
Accommodation and Food Services

NAICS 72111

11,110

Frequently Asked Questions

How many people are employed in Vermont?
According to Census Bureau County Business Patterns 2023 data, Vermont has 992,697 employees across 83,950 business establishments in 577 tracked industries.
What are the largest industries in Vermont?
The largest industries in Vermont by employment are Health Care and Social Assistance (48,409), Retail Trade (37,491), and Accommodation and Food Services (32,546).
What is the average payroll in Vermont?
Average payroll per employee varies widely by industry in Vermont. The highest-paying tracked industry is Wholesale Trade at $223,420/yr. All data is from Census Bureau County Business Patterns 2023.
How many businesses operate in Vermont?
Vermont has 83,950 business establishments across 577 industries tracked by the Census Bureau County Business Patterns program. Each establishment represents a single physical location or operating unit.
Disclaimer: PlainBizBench provides publicly available IRS and Census data for informational purposes only. This is not financial, tax, or business advice. Consult a qualified accountant or financial advisor for business-specific guidance.

Source: Census Bureau County Business Patterns (CBP) 2023 · VT

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Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainBizBench Editorial

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