Colchester is a medium-sized town located in the state of Vermont. With a population of 17,604 people and five associated neighborhoods, Colchester is the fourth largest community in Vermont. Colchester real estate is some of the most expensive in Vermont, although Colchester house values don't compare to the most expensive real estate in the U.S.Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Colchester is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Colchester is a town of professionals, sales and office workers, and managers. There are especially a lot of people living in Colchester who work in office and administrative support (14.73%), management occupations (11.50%), and teaching (6.58%). 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. Telecommuters are a relatively large percentage of the workforce: 16.11% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.Because there are quite a few people attending college in Colchester, it is thought of as a college town. To the benefit of the many students in the area, Colchester provides a number of services, amenities and opportunities geared towards their needs and activities. 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 2022 was $42,903, which is upper middle income relative to Vermont and the nation. This equates to an annual income of $171,612 for a family of four. However, Colchester contains both very wealthy and poor people as well. Colchester is a somewhat ethnically-diverse town. 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, English, French Canadian, French, and Italian. The most common language spoken in Colchester is English. Other important languages spoken here include French and Slavic languages.
