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
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Industry Benchmarking Guides
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Source: Census Bureau County Business Patterns (CBP) 2023 · VT
Read our methodology — how this data is sourced, computed, and verified.