Living in Derby, Vermont
Cost of living, income, home prices, rent and demographics of Derby · Census data 2020–2024
Derby has 4,537 residents with a median age of 51.6. The median household income is $80,250 (about the same as the Vermont median), the median home value is $225,000, the median rent is $1,096/month.
Derby at a glance
- Population
- 4,537
- Median age
- 51.6State: 43.1
- Median household income
- $80,250State: $81,203
- Median home value
- $225,000State: $316,600
- Median rent
- $1,096/moState: $1,234
- Homeowners
- 84.7%
- Bachelor's degree or higher
- 36.8%
- Average commute
- 32 min
Is Derby a good place to live?
Pros: Home values 29% lower than the state median; a poverty rate of 7.4%.
Cons: Median household income about the same as the Vermont median; an average commute of 32 minutes; unemployment of 8.5%.
The weather is best in June to September.
Cost of living in Derby
Housing is the biggest part of the cost of living. In Derby the median home value is $225,000, 32% lower than the U.S. median. Renters pay a median of $1,096 per month, which is 29.2% of household income. Homeowners with a mortgage pay $1,744 a month in housing costs.
Derby median household income
The median household income in Derby is $80,250 and the income per person is $44,790. 7.4% of residents live below the poverty line (Vermont: 10.1%).
Housing in Derby: homes for sale and rent
- Housing units
- 2,684
- Owner-occupied
- 84.7%
- Renter-occupied
- 15.3%
- Vacant
- 17.1%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.03
Derby demographics
- Population
- 4,537
- Median age
- 51.6
- Under 18
- 15.7%
- 65 and older
- 27.2%
- Households
- 2,224
- Foreign-born
- 6.3%
- Veterans
- 9.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Derby ›
Education in Derby
36.8% of adults 25 and older in Derby have a bachelor's degree or higher (Vermont: 43.8%), and 13.9% have a graduate or professional degree.
Jobs and commute in Derby
- Unemployment rate
- 8.5%State: 3.6%
- Average commute
- 32 minState: 24 min
- Work from home
- 10.6%
- Drive alone
- 74.8%
- Public transit
- 0.2%
- Walk to work
- 1.4%
- Homes with broadband
- 89.3%
Derby vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Derby | 4,537 | $80,250 | $225,000 | $1,096 |
| Derby Center | 693 | $58,250 | $196,600 | $1,078 |
| Derby Line | 783 | $71,518 | $201,000 | $835 |
| Newport | 4,394 | $54,646 | $179,400 | $850 |
| Coventry | 917 | $59,342 | $197,900 | $755 |
| Holland | 790 | $60,729 | $209,400 | $1,330 |
| Charleston | 936 | $49,286 | $238,000 | $979 |
| Newport Center | 280 | $44,231 | $136,400 | $647 |
| Brownington | 1,144 | $75,556 | $193,800 | $745 |
More for people moving to Derby
Derby ZIP code ›Weather and climate ›Living in Derby: FAQ
What is the median household income in Derby, VT?
The median household income in Derby is $80,250, about the same as the Vermont median of $81,203 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Derby?
The median home value in Derby is $225,000, compared with $316,600 in Vermont.
How much is rent in Derby?
The median gross rent in Derby is $1,096 per month, about 29.2% of household income.
Is Derby, VT a good place to live?
Pluses: home values 29% lower than the state median; a poverty rate of 7.4%. Minuses: median household income about the same as the Vermont median; an average commute of 32 minutes; unemployment of 8.5%.
What is the median age in Derby?
The median age in Derby is 51.6 years (Vermont: 43.1).
How long is the commute in Derby?
The average commute to work in Derby is 32 minutes; 10.6% of workers work from home.
What is the unemployment rate in Derby?
The unemployment rate in Derby is 8.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Derby?
36.8% of adults in Derby have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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