Location: Burlington-South Burlington, VT | Metro: Burlington-South Burlington, VT MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,350 |
| 1 Bedroom | $1,490 |
| 2 Bedrooms | $1,930 |
| 3 Bedrooms | $2,480 |
| 4 Bedrooms | $2,550 |
| 5 Bedrooms | $2,958 |
| 6 Bedrooms | $3,313 |
| 7 Bedrooms | $3,578 |
| 8 Bedrooms | $3,757 |
U.S. Census Bureau data (2024)
The ZIP code 05455, located in Windham County, Vermont, stands out due to its unique data profile. With a total population of 1,286 residents, only 9.9% are renters, indicating a predominantly owner-occupied area. The median household income is $110,147, which is significantly higher than the national average, reflecting a relatively affluent community. The median home value in this ZIP is $396,047, suggesting that homeownership is a key aspect of the local economy.
Regarding Section 8 vouchers, the Fair Market Rent (FMR) for ZIP 05455 is set at $1520 for fiscal year 2024. However, the market rent data is currently unavailable, making it challenging to assess the direct impact of Section 8 on rental properties. Despite this, the high median income and home values indicate that landlords and investors may find limited demand for subsidized housing options like Section 8 vouchers.
Based on the data signature, ZIP 05455 appears to be a stable area, with a strong emphasis on homeownership and a relatively low percentage of renters. This stability suggests that changes in the local real estate market are likely to be gradual rather than sudden, providing a predictable environment for both landlords and small-portfolio investors. While the presence of Section 8 vouchers could provide some support for affordable housing, the overall economic conditions of the ZIP suggest that it will continue to favor those who can afford higher-priced homes and rents.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.