Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
No District are available for INSIGHTS state
14,841
14,841 Total Auto Jobs in Vermont
3.4%
3.4% is dependent on the Auto Industry for Jobs.
$795.8M
Total Labor Income Annually
$1.34B
Total Car Sales in 2018
42.9K
Total New Car Sold in 2018
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.
Tax Revenue
$163.1M
Total State Tax revenue
5.0%
Percent of State Tax Revenue
$87.4M
New Vehicle Sales Taxes
$49.6M
Used Vehicle Sales Taxes
$19.4M
Sales Tax on Auto Parts and Services
$167.9M
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$1.7M
Corporate Profits Tax
$16.5M
State Income Taxes
Registrations
564,886
Registered
By Body Style
By Powertrain
The Vermont average age of vehicles is 9.65 years.
Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.New Purchases
42,913
Vehicles Sold
By Body Style
By Powertrain
$561.8M
$561.8 Million Total Imports$253.2M
$253.2 Million Total Exports$79M
$79 Million Total Imports$18.3M
$18.3 Million Total ExportsGasoline Stations 461
Electric Charging Stations 211
Biodiesel Stations 3
Compressed Natural Gas Stations 1
Hydrogen Stations 0
Liquefied Natural Gas Stations 0
Liquefied Petroleum Gas Stations 1
$31,259
$31,259 Average MSRP Per New Car
$57,513
$57,513 Median Household Income
$4,793
$4,793 Median Monthly Household Income
$476
$476 Median Monthly New Car Payment
9.93%
9.93% Monthly Car Payment As A Percent Of Monthly Income (%)
Commuting to Work
©2020 Alliance for Automotive Innovation
©2020 Alliance for Automotive Innovation