Stowe is a very small town located in the state of Vermont. With a population of 4,448 people and just one neighborhood, Stowe is the 33rd largest community in Vermont.
Real Estate Prices
Stowe home prices are not only among the most expensive in Vermont, but Stowe real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Stowe is a decidedly white-collar town, with fully 88.33% of the workforce employed in white-collar jobs, well above the national average. Overall, Stowe is a town of professionals, service providers and managers. There are especially a lot of people living in Stowe who work in management occupations (12.53%), food service (10.65%) and office and administrative support (9.98%).
Of important note, Stowe is also a town of artists. Stowe has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Stowe’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.81% 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.
Setting & Lifestyle
Another notable thing is that Stowe is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Stowe’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.