Island Pond, VT
Population 698 · Vermont
About Island Pond, VT
Island Pond is a small community located in Vermont with a population of 698 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,500 per year, which is 37% below the national median of $75,149. The median age of 50.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Island Pond features a median home value of $118,900, which is 51% below the national median of $244,900. This makes Island Pond one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $795, 32% below the national average of $1,163/month. Of the 587 total housing units, 44% are owner-occupied (155 units) and 56% are renter-occupied (199 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Island Pond shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.0%, above the national average of 12.4%. Workers in Island Pond have an average one-way commute time of 27.1 minutes.
Education & Demographics
36.2% of Island Pond residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 1.6% Hispanic or Latino, 3.2% Black or African American, and 0.0% Asian residents, with 0.6% of the population being foreign-born.
How Island Pond Ranks in Vermont
Cost of Living in Island Pond, VT
Compared to national averages, Island Pond has a median household income of $47,500 (37% below the national median of $75,149). Home values average $118,900, which is 51% below the national median. Monthly rent at $795 is 32% below the US average of $1,163. Within Vermont, Island Pond's income is 35% below the state average of $72,974, and home values are 54% below the state median of $255,863.
Why Live in Island Pond, VT?
Island Pond offers affordable housing with a median home value of $118,900, below the US average of $244,900, and rent that’s lower than the national average at $795/month, and a strong job market with an unemployment rate of just 2.2%. Additionally, the city features a well-educated community where 36.2% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($47,500) that falls below the national average. However, Island Pond’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Island Pond has a population of 698 with a median age of 50.6 years. Compare Island Pond with other cities to see how it stacks up, or explore all cities in Vermont.
Similar Cities Near Island Pond
Cities in Vermont with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Barton | 697 | $35,341 | $133,800 | Compare |
| Derby Center | 684 | $55,625 | $203,800 | Compare |
| Hartland | 713 | $99,232 | $0 | Compare |
| Wallingford | 680 | $79,750 | $262,900 | Compare |
| Richmond | 675 | $62,240 | $261,900 | Compare |
| Jeffersonville | 729 | $57,083 | $305,800 | Compare |
| Stowe | 745 | $84,429 | $0 | Compare |
| Manchester | 642 | $62,813 | $458,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Vermont
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Island Pond With Other Cities
Frequently Asked Questions about Island Pond
What is the population of Island Pond, VT?
The population of Island Pond, VT is 698 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Vermont.
What is the median household income in Island Pond?
The median household income in Island Pond, VT is $47,500 per year, which is 37% below the national median of $75,149.
What is the median home value in Island Pond?
The median home value in Island Pond, VT is $118,900, which is 51% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Island Pond?
The median monthly rent in Island Pond, VT is $795, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Island Pond?
The unemployment rate in Island Pond, VT is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Island Pond, VT a good place to live?
Island Pond offers a moderate cost of living, affordable housing, and a strong job market. With a population of 698 and a median age of 50.6, the city appeals to established professionals and retirees.
How educated is Island Pond, VT?
36.2% of residents in Island Pond aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Island Pond?
Key cost-of-living indicators for Island Pond, VT: median home value is $118,900 (51% below national), median rent is $795/month, and median household income is $47,500. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Island Pond?
The poverty rate in Island Pond, VT is 13.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Island Pond, VT?
Island Pond's population is 0.0% White, 1.6% Hispanic or Latino, 3.2% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.6% of residents are foreign-born.