See Auto Industry Impacts at the National, State, and Congressional District levels.
Economic Insights
Every State is an Auto State
ME
NH
VT
MA
RI
CT
NJ
DE
MD
DC
FL
HI
-
- All
- Industry Impact
- Tax Revenue
- Registrations
- New Purchases
- Activity at Ports
- Fueling
- Consumers
- Automaker Facilities
-
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
State Facts
Autos Drive Vermont Forward
Industry Impact
14.8K
14.8 Thousand total auto jobs in Vermont
3.40%
3.40% depend on the auto industry for jobs
$795.8M
Total Labor Income Annually
$1.3B
Total Car Sales in 2018
42.9K
Total New Cars 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
5.00%
% 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
564.9K
Registered
By Body Style
- Cars 213,381 (37.77%)
- CUVs 151,492 (26.82%)
- SUVs 40,786 (7.22%)
- Pickups 132,907 (23.53%)
- Vans/Minivans 26,320 (4.66%)
By Powertrain
- Gas 531,583 (94.1%)
- Diesel 17,984 (3.18%)
- Hybrid 12,393 (2.19%)
- Electric 1,057 (0.19%)
- Plug-In Hybrid 1,869 (0.33%)
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
42.9K
Vehicles Sold
By Body Style
- Cars 8,967 (20.9%)
- CUVs 18,920 (44.09%)
- SUVs 2,470 (5.76%)
- Pickups 11,330 (26.4%)
- Vans/Minivans 1,226 (2.86%)
By Powertrain
- Gas 40,019 (93.26%)
- Diesel 1,194 (2.78%)
- Hybrid 876 (2.04%)
- Electric 355 (0.83%)
- Plug-In Hybrid 469 (1.09%)
Fueling
- Gasoline Stations 461
- Electric Charging Stations 211
- Biodiesel Stations 3
- Compressed Natural Gas Stations 1
- Liquefied Petroleum Gas Stations 1
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of April 9, 2019.
Consumers
$31.3K
Average MSRP Per New Car
$57.5K
Median Household Income
$4.8K
Median Monthly Household Income
$476.05
Median Monthly New Car Payment
9.93%
Car Payment As Percent Of Monthly Income
Commuting to Work
- Drive Alone to Work (74%)
- Carpool to Work (9%)
- Take Public Transportation (1%)
- Other (14%)
Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit, U.S. Census Bureau’s American Community Survey 2017 and Federal Reserve Bank of St. Louis. Median Monthly New Car Payment computed for a 60-month loan based on MSRP with 20% down and an APR of 5.36%.