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==Economy== ===Personal income=== As of the census of 2000,<ref name="GR2" /> the median income for a household in the town was $35,313, and the median income for a family was $39,688. Males had a median income of $31,120 versus $21,940 for females. The [[per capita income]] for the town was $17,192. About 8.8% of families and 10.2% of the population were below the [[poverty line]], including 12.8% of those under age 18 and 8.8% of those age 65 or over. ===Development=== In 1917 the village of West Derby separated from the town of Derby and merged with the village of Newport in [[Newport (town), Vermont|Newport Town]] to create the city of [[Newport (city), Vermont|Newport]].<ref>Matthew Farfan, [https://books.google.com/books?id=Ld4--3_vuCgC&dq=%22west+derby%22+newport+vermont&pg=PA17 The Vermont-Quebec Border: Life on the Line], page 17, 2009</ref> Newer construction is overflowing from Newport onto the Newport-Derby Road ([[US Route 5]]). Large retailers and other stores and restaurants are located on this stretch of road as well. The headquarters of the Community National Bank, which has 12 branches in Vermont, is located in Derby.<ref>{{cite web |url=http://www.communitynationalbank.com/interior.php/pid/6/sid/1 |title=Home |publisher=Community National Bank |date=December 8, 2011 |access-date=January 25, 2012 |url-status=dead |archive-url=https://web.archive.org/web/20100819102400/http://www.communitynationalbank.com/interior.php/pid/6/sid/1 |archive-date=August 19, 2010 }}</ref> [[Indoor Recreation of Orleans County]] (IROC) was constructed in 2004 and featured a sports arena, aquatic center and a multipurpose gymnasium facility that could be utilized for a range of sports, including basketball, volleyball and indoor soccer.<ref>[http://www.calcaminedesign.com/vrpa/newfall05.pdf ] {{webarchive |url=https://web.archive.org/web/20061021130445/http://www.calcaminedesign.com/vrpa/newfall05.pdf |date=October 21, 2006 }}</ref> The facility was foreclosed in 2013 and has been converted into a hardware store, Sticks N Stuff.
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