Doing Business - Vital Statistics
Burlington is a city that no business owner or manager can afford to overlook!
Consider all that the area has to offer:
- Convenient access to major markets
- Quality education system
- High quality workforce
- Superior quality of life
- Pro-business attitude
- Competitive costs
Burlington is an excellent bargain!
Take a look at these statistics —
| Burlington Area Vital Statistics | |
| Housing | |
| Median Home Sales Price (2000) | |
| Burlington | $136,000 |
| Chittenden County | $159,000 |
| Avg. New Home Construction | |
| Chittenden County | $90-100 per sq. ft. |
| Labor | |
| Average Salaries | |
| Chittenden County (1998) | $31,517 |
| Chittenden County Manufacturing (1998) | $35,924 |
| Vermont Retail Trade (1997) | $15,187 |
| Business | |
| Taxes - Fair and equitable | |
| Local corporate net worth tax | 0% |
| County Tax | 0% |
| State sales tax* | 5% |
* No sales tax on clothing under $110. | |
| Business Facilities | |
| Average Lease Rate | |
| Industrial Space | $4.50 - $6.00 per sq. ft. |
| Premium Retail Space | $20.00 - 30.00 per sq. ft. |
| Premium Commerical Office Space | $14.00 - 18.00 per sq. ft. + parking |
| Regional Meeting Facilities | |
| Number of Hotels | 34 |
| Number of sleeping rooms | 3,000 |
| Total meeting space | 385,000 sq. |
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