Waitsfield, VT
Population 166 · Vermont
About Waitsfield, VT
Waitsfield is a small community located in Vermont with a population of 166 residents according to the latest US Census Bureau American Community Survey data. The median household income is $23,068 per year, which is 69% below the national median of $75,149. The median age of 67.9 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 Waitsfield features a median home value of $460,000, which is 88% above the national median of $244,900. This places Waitsfield in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 142 total housing units, 30% are owner-occupied (36 units) and 70% are renter-occupied (86 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 Waitsfield shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waitsfield have an average one-way commute time of 17.4 minutes, one of the shorter commutes in the region.
Education & Demographics
82.0% of Waitsfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 6.6% Asian residents, with 0.0% of the population being foreign-born.
How Waitsfield Ranks in Vermont
Cost of Living in Waitsfield, VT
Compared to national averages, Waitsfield has a median household income of $23,068 (69% below the national median of $75,149). Home values average $460,000, which is 88% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Vermont, Waitsfield's income is 68% below the state average of $72,974, and home values are 80% above the state median of $255,863.
Why Live in Waitsfield, VT?
Waitsfield offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 82.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.0%, better than the national average, and short commute times averaging just 17.4 minutes.
Potential considerations include median household income ($23,068) that falls below the national average, and a competitive housing market where the typical home costs $460,000. However, Waitsfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waitsfield has a population of 166 with a median age of 67.9 years. Compare Waitsfield with other cities to see how it stacks up, or explore all cities in Vermont.
Similar Cities Near Waitsfield
Cities in Vermont with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Danby | 166 | $62,500 | $210,000 | Compare |
| Concord | 165 | $65,417 | $133,100 | Compare |
| Irasburg | 167 | $67,083 | $152,100 | Compare |
| Sutton | 165 | $80,481 | $213,600 | Compare |
| West Burke | 165 | $24,444 | $220,000 | Compare |
| Albany | 161 | $96,250 | $187,500 | Compare |
| Cambridge | 173 | $50,595 | $241,100 | Compare |
| Harmonyville | 159 | $65,795 | $258,300 | 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 Waitsfield With Other Cities
Frequently Asked Questions about Waitsfield
What is the population of Waitsfield, VT?
The population of Waitsfield, VT is 166 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 Waitsfield?
The median household income in Waitsfield, VT is $23,068 per year, which is 69% below the national median of $75,149.
What is the median home value in Waitsfield?
The median home value in Waitsfield, VT is $460,000, which is 88% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Waitsfield?
The median monthly rent in Waitsfield, VT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Waitsfield?
The unemployment rate in Waitsfield, VT is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Waitsfield, VT a good place to live?
Waitsfield offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 166 and a median age of 67.9, the city appeals to established professionals and retirees.
How educated is Waitsfield, VT?
82.0% of residents in Waitsfield 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 Waitsfield?
Key cost-of-living indicators for Waitsfield, VT: median home value is $460,000 (88% above national), median rent is $0/month, and median household income is $23,068. The home-value-to-income ratio is 19.9x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Waitsfield?
The poverty rate in Waitsfield, VT is 9.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Waitsfield, VT?
Waitsfield's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 6.6% Asian, and 3.6% two or more races. 0.0% of residents are foreign-born.