Public Assets Institute Vermont’s migration trend last year continued a multi-decade pattern: international gains and domestic losses. Each year from 2005 to 2025, more people from abroad moved into the state than Vermonters left for other countries. Within the U.S., more Vermonters moved to other states than people in other states relocated to Vermont, resulting in net losses from domestic migration for 18 of the past 21 years.
An outlier was 2021, during the pandemic, with a surge of nearly 5,000 people coming to Vermont through domestic migration. On average over the rest of the period, the state lost 800 people annually to other states. The international migration gains have helped offset these losses, contributing to net positive overall migration during this time.
In 2025, Vermont saw a net increase of 623 international immigrants—below average for the state over the last two decades and just half the state’s 2024 increase. This is in keeping with the U.S. overall, which saw international migration drop by over half in 2025, with every state experiencing a decline.
February 20, 2026. Public Assets
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