Location: Orleans County, VT | Metro: Caledonia County, VT
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,060 |
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,740 |
| 4 Bedrooms | $1,890 |
| 5 Bedrooms | $2,192 |
| 6 Bedrooms | $2,455 |
| 7 Bedrooms | $2,651 |
| 8 Bedrooms | $2,784 |
U.S. Census Bureau data (2024)
The ZIP code 05822 stands out within its county due to a unique mix of economic factors and housing dynamics. With a population of 2,107 residents, 19.3% of whom are renters, this area has a median income of $76,100. The median home value is notably higher at $252,527, indicating a robust local economy and a preference for homeownership.
From an investment perspective, the rental market presents an interesting opportunity, particularly for those who can leverage Section 8 vouchers. The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,190, while the actual market rent, according to the Census ACS, is $778. This discrepancy suggests that landlords accepting Section 8 vouchers could potentially increase their rental income by over 50%, making it a lucrative option for property owners in this ZIP code.
To illustrate the economic advantage, consider a landlord with a property renting for $778 per month. By participating in the Section 8 program and receiving the FMR rate of $1,190, they would see a significant boost in monthly income. This adjustment not only benefits landlords but also ensures that tenants receive fair and affordable housing options, aligning with the goals of the Section 8 program.
Based on the data signature, ZIP 05822 appears to be a stable area, with a relatively high median income and home values suggesting a solid financial foundation among its residents. The rental market, however, indicates a potential for growth and adjustment, especially with the disparity between market rents and FMR rates. This stability combined with the rental market dynamics paints a picture of an area that is poised for steady growth rather than rapid transitions.
In summary, ZIP 05822 offers a balanced environment for real estate investments, with particular emphasis on the benefits of Section 8 vouchers for landlords. The economic indicators suggest a stable community, while the rental market presents opportunities for increased revenue through participation in federal housing programs.
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.