Median Salary
$88,016
Above National Avg
Hourly Wage
$42.32
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Here is a comprehensive career guide for Accountants considering a move to Barre, Vermont.
Career Guide for Accountants: Barre, Vermont
Barre, Vermont, might not be the first place that comes to mind when you think of a hotbed for accounting careers. But this small granite cityāhome to roughly 8,461 people and the famous "Granite Capital of the World"āoffers a distinct blend of stable local industry, a reasonable cost of living, and a tight-knit professional community. As a local who has watched the economic landscape shift from stone quarries to modern manufacturing and healthcare, I can tell you that Barreās accounting sector is niche, resilient, and deeply connected to the local economy.
Whether you're a recent graduate looking for a lower-stakes entry point or a seasoned CPA seeking a change of pace, this guide breaks down exactly what you can expect from a career in Barre.
The Salary Picture: Where Barre Stands
Letās get straight to the numbers, because they tell the most important story. The accounting profession in Barre pays slightly above the national average, which is a pleasant surprise given the city's size. According to the most recent data from the Bureau of Labor Statistics (BLS) and local market surveys, the financial picture looks like this:
Median Salary: $88,016/year
Hourly Rate: $42.32/hour
National Average: $86,080/year
Jobs in Metro: 16
10-Year Job Growth: 4%
The fact that Barreās median salary edges out the national average is significant. It suggests that local employers value experienced financial professionals and are willing to pay competitively to retain them, especially in specialized manufacturing and agricultural accounting.
Experience-Level Breakdown
Breaking down the salary by experience level helps set realistic expectations. While the overall median is $88,016, your starting point and ceiling will vary.
| Experience Level | Estimated Salary Range (Barre) | Key Responsibilities |
|---|---|---|
| Entry-Level (0-2 yrs) | $55,000 - $68,000 | Bookkeeping, AP/AR, assisting with month-end close, data entry. |
| Mid-Level (3-7 yrs) | $70,000 - $95,000 | Full-cycle accounting, financial reporting, budgeting, supervision. |
| Senior-Level (8-15 yrs) | $96,000 - $115,000 | Financial management, strategic planning, audit preparation, controller duties. |
| Expert/CPA (15+ yrs) | $120,000+ | CFO-level advisory, complex tax planning, firm partnership, high-level consulting. |
Comparison to Other VT Cities
To understand Barreās position, it helps to see how it stacks up against other Vermont cities.
| City | Median Salary | Cost of Living Index (US Avg=100) | Key Industries |
|---|---|---|---|
| Barre | $88,016 | 107.5 | Manufacturing, Granite, Healthcare |
| Burlington | $92,100 | 112.3 | Tech, Higher Ed, Healthcare, Retail |
| Montpelier | $89,500 | 111.0 | State Government, Insurance, Law |
| ** Rutland** | $82,400 | 104.2 | Healthcare, Retail, Manufacturing |
Barre sits in a sweet spot. Itās more affordable than the stateās population center (Burlington) and the capital (Montpelier), yet it offers a competitive salary. The slightly lower cost of living means your $88,016 goes further in Barre than it would in Chittenden County.
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š Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
A salary is just a number until you see what remains after lifeās essentials. Letās break down a monthly budget for an accountant earning the median salary of $88,016.
Assumptions:
- Gross Monthly Income: $7,335
- Estimated Taxes (Federal + State + FICA): ~28% ($2,054/month)
- Average 1BR Rent: $1,343/month
- Utilities: $150/month
- Groceries & Household: $500/month
- Car Insurance/Gas: $250/month
- Retirement Savings (10%): $734/month
- Discretionary Spending: $1,304/month
Monthly Budget Breakdown:
| Category | Monthly Cost | Notes |
|---|---|---|
| Take-Home Pay (After Taxes) | $5,281 | Based on $88,016 gross salary. |
| Rent (1BR Average) | $1,343 | Varies by neighborhood (see below). |
| Utilities | $150 | Includes heating (crucial in VT winters). |
| Groceries & Household | $500 | Local co-ops and Price Chopper are staples. |
| Transportation | $250 | Car is essential; public transit is limited. |
| Retirement Savings | $734 | Strongly recommended for long-term stability. |
| Remaining Discretionary | $1,304 | Covers dining, entertainment, healthcare, etc. |
Can They Afford to Buy a Home?
The median home price in Barre is approximately $275,000. With a 20% down payment ($55,000), a 30-year mortgage at 7% would have a monthly payment of roughly $1,462 (principal & interest). This is slightly higher than the average rent.
Verdict: On a single median income of $88,016, buying a home is tight but possible if you have savings for a down payment and are comfortable with a mortgage payment that consumes about 27% of your take-home pay. Itās more feasible for dual-income households or those with senior-level salaries.
š° Monthly Budget
š Snapshot
Where the Jobs Are: Barre's Major Employers
The job market in Barre is small but stable. There are only about 16 accounting jobs in the metro area at any given time, so you need to know where to look. The opportunities are concentrated in a few key sectors.
Washington County Mental Health Services: A major non-profit employer with a significant budget. They need accountants familiar with grant accounting, compliance, and fund accounting. Hiring is steady but slow; they value long-term employees.
Bretton Woods Medical Center (and other local clinics): Healthcare accounting is a specialty. With Vermontās aging population, these institutions require accountants who understand medical billing systems, insurance reimbursements, and HIPAA-compliant financial reporting.
The Alchemist (and associated breweries/distributors): While not a traditional accounting firm, the craft beer industry is a massive economic driver. The Alchemist, maker of Heady Topper, has a complex supply chain and requires in-house accountants for inventory, cost accounting, and tax compliance. This is a unique, high-growth niche.
J. R. Reed & Sons (Construction/Manufacturing): A long-standing local contractor. They need job cost accountants who can track materials, labor, and project profitability. This is hands-on, practical work.
Local CPA Firms (e.g., Smith, Keenan & Associates): Barre has several small, well-established CPA firms that serve the local business community. These are the best entry points for recent graduates or those looking to get their CPA license. Expect a mix of tax preparation, bookkeeping, and small business advisory.
State Government (Montpelier proximity): While not in Barre proper, the state capital is a 15-minute drive. Many Barre residents commute to Montpelier for jobs with the Vermont Department of Taxes, the Office of the State Auditor, or the Department of Finance. These are highly stable, pension-eligible positions.
Insider Tip: Networking is everything in a small market. Join the Vermont Society of CPAs (VSCPA) and attend their central Vermont chapter meetings. Most jobs in Barre are filled through referrals before theyāre ever publicly posted.
Getting Licensed in VT
To practice as a CPA in Vermont, you must meet strict state-specific requirements. The process is governed by the Vermont Board of Public Accountancy.
Requirements & Costs
- Education: A bachelorās degree (120 credits) is the minimum to sit for the exam, but you need 150 credit hours to be licensed. Most candidates complete a masterās in accounting or a combined 5-year program.
- Exam: Pass all four sections of the Uniform CPA Exam (AUD, BEC, FAR, REG). Exam fees are approximately $1,000 total.
- Experience: You must have one year (2,000 hours) of qualifying experience under a licensed CPA. This can be in public accounting, industry, or government.
- Ethics: Pass the AICPA Professional Ethics Exam (cost: ~$200).
- Application: Submit an application to the Vermont Board. The fee is $150.
Total Estimated Cost (excluding education): ~$1,350
Timeline: From starting the education requirements to full licensure typically takes 5-6 years. If you already have your 150 credits and experience, the exam process itself takes about 12-18 months.
Best Neighborhoods for Accountants
Barre is a compact city, but neighborhoods have distinct personalities and price points. Commutes in this area are rarely an issueānothing is more than a 10-15 minute drive.
Downtown Barre: The heart of the action. Walk to cafes, the post office, and local shops. Youāll find a mix of renovated apartments in historic mill buildings and older, more affordable units. It's lively but can be noisy.
- Rent Estimate: $1,200 - $1,500/month for a 1BR.
- Best For: Young professionals who want a short commute and a walkable lifestyle.
South Barre: A quieter, residential area with single-family homes and newer apartment complexes. Itās close to the high school and has easy access to Route 302 for commuting to Montpelier.
- Rent Estimate: $1,300 - $1,600/month for a 1BR.
- Best For: Those seeking more space and a family-friendly environment without giving up city amenities.
East Barre: More rural, with a granite quarry and forested areas. Housing is often older and more spread out. Youāll get more property for your money, but youāll be more reliant on a car.
- Rent Estimate: $1,000 - $1,300/month for a 1BR (or a small house).
- Best For: Someone who values privacy, nature, and a lower-cost living situation.
Websterville: Technically a village within Barre, this area is industrial and residential. Itās home to many granite sheds and small manufacturing shops. Rents are generally the most affordable.
- Rent Estimate: $900 - $1,200/month for a 1BR.
- Best For: Budget-conscious individuals who donāt mind a grittier, more industrial vibe.
Insider Tip: When apartment hunting, always ask about heating fuel. Many older Barre apartments use oil, which can be very expensive in the winter ($300-$500/month in peak months). Natural gas or newer electric systems are more predictable.
The Long Game: Career Growth
The 10-year job growth of 4% for the Barre metro area is modest, but it doesn't tell the whole story. Growth isn't about quantity; it's about specialization and value.
Specialty Premiums: In Barre, you can earn a salary premium by developing niche skills:
- Manufacturing/Granite Industry Accounting: Understanding job costing and inventory for heavy materials is rare and valuable.
- Non-Profit & Grant Management: With several major non-profits, this skill is in constant demand.
- Tax Specialization for Small Businesses: Many local firms are sole proprietorships and LLCs that need reliable, year-round tax advice.
Advancement Paths: The typical path is to start at a local CPA firm or in a junior role at a manufacturer/healthcare provider, get your CPA license, and then either move into a senior corporate role (e.g., Controller) or start your own practice. Given the small market, many experienced accountants eventually serve multiple clients as independent consultants.
10-Year Outlook: While the number of jobs isn't exploding, the need for skilled accountants is permanent. The state's regulatory environment, the complexity of running a small business, and the influx of retirees managing their portfolios ensure steady demand. The top performers will be those who build a reputation for reliability and deep local knowledge.
The Verdict: Is Barre Right for You?
Making a move to Barre is a lifestyle choice as much as a career one. Itās not for everyone, but for the right person, it can be an incredibly rewarding place to build a career and a life.
| Pros | Cons |
|---|---|
| Salary vs. Cost of Living: Your $88,016 goes further here than in many other cities. | Limited Job Market: Only ~16 jobs in the metro area. Switching employers may mean changing fields or commuting. |
| Work-Life Balance: The culture is less corporate. 40-hour weeks are the norm, and long commutes are rare. | Small Network: Professional networking is limited. You must be proactive to build connections. |
| Community Feel: Youāll know your clients, colleagues, and neighbors. Itās easy to feel rooted. | Harsh Winters: The climate and heating costs are a real factor. |
| Unique Industries: Gain accounting experience in granite, artisan food, and non-profits you wonāt find elsewhere. | Limited Entertainment: Nightlife, dining, and cultural scenes are small compared to Burlington or Montpelier. |
Final Recommendation: Barre is an excellent choice for an accountant who values stability over high-flying career ladders, prefers a community-oriented environment, and is willing to embrace Vermontās unique culture and climate. If youāre looking for a place to put down roots, buy an affordable home, and build a respected professional reputation without the stress of a major metropolitan area, Barre is a compelling option.
FAQs
Q: Do I need a car to work as an accountant in Barre?
A: Yes, absolutely. Public transportation is minimal. While you can live and work in Downtown Barre without driving daily, most employers and neighborhoods require a car. The commute to Montpelier for state jobs is a short, easy drive.
Q: How is the job market for non-CPA accountants in Barre?
A: It exists but is smaller. Many bookkeeping and staff accountant roles donāt require a CPA license, especially in non-profits and small manufacturers. However, having your CPA opens doors to higher salaries ($96,000+) and leadership positions.
Q: What is the best time of year to look for accounting jobs in Barre?
A: The hiring cycle often aligns with the calendar year. The busiest hiring periods are January (post-tax season for firms) and September/October (budget planning season for corporations). However, with only 16 jobs, opportunities can pop up at any time.
Q: Is the cost of living really 107.5? What drives that?
A: Yes, that index is accurate. The primary drivers are housing (which is tight and has seen price increases) and healthcare costs, which are high in Vermont. Groceries and utilities also contribute. However, itās still significantly more affordable than cities like Burlington (112.3).
Q: Can I work remotely for a firm outside Vermont while living in Barre?
A: Yes, this is increasingly common. Many accountants in Barre work remotely for firms in Boston, New York, or Burlington. This is a great way to access a larger job market while enjoying Barreās lower cost of living. Just be sure to understand Vermontās tax implications and any reciprocity agreements with your employerās state.
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