Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Every State is an Auto State

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State Facts

Autos Drive Vermont Forward

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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 Exports
Compiled by Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.
Gasoline 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