Location: Lamoille County, VT | Metro: Lamoille County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,050 |
| 1 Bedroom | $1,060 |
| 2 Bedrooms | $1,310 |
| 3 Bedrooms | $1,810 |
| 4 Bedrooms | $1,820 |
| 5 Bedrooms | $2,111 |
| 6 Bedrooms | $2,364 |
| 7 Bedrooms | $2,553 |
| 8 Bedrooms | $2,681 |
U.S. Census Bureau data (2024)
The ZIP code 05653 in Woodstock, Vermont, represents a modest-sized community with a population of 535 residents. In this area, 22.9% of the population are renters, indicating that it is not predominantly a renter-heavy ZIP but has a notable rental segment. The median household income stands at $90,556, which places it above the national average and suggests a relatively affluent neighborhood.
The market rent for the area is $731 per month, which consumes approximately 9.1% of the median household income when calculated annually. This percentage is derived from dividing the annual rent ($731 * 12 = $8,772) by the annual median income ($90,556), resulting in a ratio that shows how much of their income tenants would need to allocate to cover rent. Given the Federal Market Rent (FMR) of $1,160 for the metro area in FY 2026, the actual market rent in 05653 is significantly lower, indicating that the area is more affordable compared to broader regional standards.
In terms of voucher availability, the FMR provides a benchmark against which local rents can be measured. Since the actual market rent is below the FMR, landlords in 05653 could potentially attract tenants who receive housing vouchers, although the voucher demand may not be as deep as in more urbanized areas with higher percentages of renters.
A landlord in ZIP 05653 should anticipate a tenant profile that includes individuals and families who are financially stable enough to afford the local rent without relying heavily on subsidies. However, the possibility of attracting voucher recipients still exists due to the lower-than-FMR rent. Tenants are likely to be part of a mix of those who can pay market rates and others who might require assistance through housing vouchers to meet their rental obligations.
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.