Colchester, VT
Real Estate & Demographic Data

Colchester profile

Living in Colchester

Colchester is a medium-sized town located in the state of Vermont. With a population of 17,612 people and five constituent neighborhoods, Colchester is the fourth largest community in Vermont.

Colchester home prices are not only among the most expensive in Vermont, but Colchester real estate also consistently ranks among the most expensive in America.

Also of interest is that Colchester has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.93% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Colchester is also a college town, where lots of students live while attending area colleges. Because of the high percentage of people living in Colchester enrolled in college, Colchester has a number of services, amenities and opportunities geared towards the needs and activities of students.

Colchester is one of the most well-educated cities in the nation. 45.37% of adults in Colchester have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Colchester in 2018 was $39,382, which is upper middle income relative to Vermont and the nation. This equates to an annual income of $157,528 for a family of four. However, Colchester contains both very wealthy and poor people as well.

The people who call Colchester home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Colchester residents report their race to be White, followed by Asian. Important ancestries of people in Colchester include Irish, French, English, Italian, and French Canadian.

The most common language spoken in Colchester is English. Other important languages spoken here include French and Spanish.