WimgoOverview
Vermont is a state in the New England region of the North-eastern United States. The state was the 14th state admitted to the union on March 4, 1791. It is the second-least populated U.S. state and the sixth-smallest by area of the 50 U.S. states. Montpelier is the capital of Vermont, which is the least populous state capital in the United States. Besides, some of the largest cities in Vermont are Burlington, South Burlington, Rutland, Barre and Montpelier.
Vermont is one of the four U.S. states that were once independent states before joining the Union. The Vermont state borders the states of Massachusetts to the south, New Hampshire to the east, and New York to west, and the Canadian province of Quebec to the north.
Vermont has a humid continental climate with muddy spring, mild summers, colourful autumn’s and cold winters. Lake Champlain is the sixth largest body of freshwater in the United States that separates Vermont from New York in the northwest part of the state.
CNBC rated Vermont 32nd as a place to do business in 2018 pointing that the access to capital was the largest limitation of business in the state. Some sectors that contribute to the state’s economy are Agriculture, dairy farming, Forestry, Manufacturing, Energy, Health, Housing, Insurance, Tourism. University of Vermont is one of the top ranked Higher Education institutions in the state including many others.
Some of the best places to visit in the State of Vermont are Killington Ski Area, Mount Mansfield, Smugglers Notch Resort, Jay Peak Resort, Mount Snow, Stratton Mountain, Trapp Family Lodge, Shelburne Farms, Hildene, The family Lincoln Family, Stowe, Church Street Marketplace, Green Mountain National Forest.
Key Facts:
- In 2020, the per capita personal income in Vermont was 58,650 U.S. dollars.
- The real GDP of Vermont was 30.48 billion U.S. dollars in 2019.
- In May 2020, the value of Vermont’s imports amounted to about 175.5 million U.S. dollars; its exports valued about 120.4 million U.S. dollars that month.
- In 2020, the unemployment rate in Vermont was at 5.6 percent.
- In 2019, the per capita real gross domestic product of Vermont was 48,855
- The real GDP of Vermont grew by about 3.1 percent as of 2019.