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Rental Insights for ZIP Code 05077 (Tunbridge, VT)

Housing Rentals in ZIP Code 05077 (Tunbridge, VT)

05077 ZIP Code in Vermont

Learn About Housing Rentals in ZIP Code 05077

ZIP Code 05077 is primarily located in Tunbridge, VT in Orange County. The median housing rent payment in this region of Vermont is $967 per month. About 17.4% of housing units in this Orange County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of zero.

The median rent in ZIP Code 05077 of $967 per month is 2% lower than the aggregate Vermont median monthly rent of $985, and is 9% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 55.9% of residents in ZIP Code 05077 have a monthly rent payment between $500 and $999. That is 42% higher than in Vermont overall, in which 39.4% of total state residents pay between $500 and $999 per month for housing. Just 5.9% of renters in this Tunbridge, VT region pay $3,000 or more per month for rent.

ZIP Code 05077 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 05077

See the chart below for a comparison of monthly rental costs in ZIP Code 05077, Vermont, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 05077 along with those in the state of Vermont and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 05077

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 05077 Vermont U.S.
Less than $500 0.0% 12.1% 9.4%
$500 to $999 55.9% 39.4% 36.2%
$1,000 to $1,499 32.4% 32.2% 30.0%
$1,500 to $1,999 5.9% 11.9% 14.0%
$2,000 to $2,499 0.0% 2.9% 5.6%
$2,500 to $2,999 0.0% 0.9% 2.4%
$3,000 or more 5.9% 0.7% 2.4%

Rent Cost vs. Income in ZIP Code 05077

Renters in ZIP Code 05077 use an estimated 27.94% of their income to cover their monthly rent payments. That is about 8% lower than in Vermont overall. The estimate for Vermont overall is 30.29% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 05077 renters use about 6% less of their income to cover rent expense. Household income figures for ZIP Code 05077 come in lower than in Vermont as a whole. The median annual household income in ZIP Code 05077 of $59,464 sits approximately 4% lower than the overall Vermont median income of $61,973 and approximately 5% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 05077

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 05077, Vermont, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 05077 along with the same calculations in the state of Vermont and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 05077

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 05077 Vermont U.S.
Less than 15.0 percent 5.9% 10.8% 13.1%
15.0 to 19.9 percent 8.8% 12.6% 12.9%
20.0 to 24.9 percent 25.0% 13.2% 12.9%
25.0 to 29.9 percent 29.4% 12.8% 11.6%
30.0 to 34.9 percent 10.3% 9.9% 9.1%
35.0 percent or more 20.6% 40.7% 40.5%

Household Income in ZIP Code 05077

See the table below for the regional comparison of annual household income in ZIP Code 05077.

Income ZIP 05077 Vermont U.S.
Less than $10,000 3.6% 4.8% 6.0%
$10,000 to $14,999 2.8% 5.0% 4.3%
$15,000 to $24,999 5.1% 9.1% 8.9%
$25,000 to $34,999 7.7% 9.1% 8.9%
$35,000 to $49,999 17.7% 12.2% 12.3%
$50,000 to $74,999 20.2% 18.7% 17.2%
$75,000 to $99,999 11.7% 14.0% 12.7%
$100,000 to $149,999 19.1% 16.0% 15.1%
$150,000 to $199,999 5.7% 5.6% 6.8%
$200,000 or more 6.4% 5.5% 7.7%

Household Income in ZIP Code 05077

See the chart below for a comparison of annual household income figures in ZIP Code 05077, Vermont, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 05077 alongside the same figures for the state of Vermont and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 05077

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 05077.

ZIP 05077 Vermont U.S.
Median Housing Rent $967 $985 $1,062
Renter-Occupied Housing Units 17.4% 29.2% 36.0%
Rental Vacancy Rate 0.0% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.00 2.04 2.49
Average # of Bedrooms Per Unit 2.76 2.67 2.75
Percent of Income Spent on Rent 27.94% 30.29% 29.83%
Per Capita Income $39,602 $34,577 $34,103
Median Household Income $88,462 $81,233 $88,607
Living Below the Poverty Line 3.2% 6.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 05077

In ZIP Code 05077 (Tunbridge, VT), and estimated 17.4% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 05077 is estimated at $39,602, which goes along with an estimated median household income of $88,462. About 3.2% of residents in this Orange County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.00 occupants, while the units have an aggregate average size of 2.76 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.94% of their income on housing rental costs.

Rental FAQs for ZIP Code 05077

1

What is the median monthly rent in ZIP Code 05077?

Median rent for housing in ZIP Code 05077 in Orange County in Vermont is approximately $967 per month.
2

Is it expensive to rent in ZIP Code 05077?

Rent in ZIP Code 05077 is lower than average in the state of Vermont overall. The median monthly rent of $967 in ZIP Code 05077 is approximately 2% lower than the Vermont median of $985. Additionally, median rent in this Tunbridge, VT region ($967) is about 9% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 05077?

High-priced rentals are more common in ZIP Code 05077 than in Vermont overall. The percentage of rentals in ZIP Code 05077 that cost $3,000 or more per month (5.9%) is about 743% higher than the Vermont rate of 0.7% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 146% lower than the aforementioned 05077 rate of 5.9%.
4

Are affordable rentals common in ZIP Code 05077?

Affordable rentals are more common in ZIP Code 05077 than in Vermont overall. The percentage of housing rentals in ZIP Code 05077 costing $999 or less per month (55.9%) is approximately 9% higher than the Vermont rate of 51.5% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 23% lower than the previously mentioned 05077 rate of 55.9%.
5

What is the most common cost range that rentals fall into in ZIP Code 05077?

The most common range for rental cost in ZIP Code 05077 is between $500 and $999 per month. About 55.9% of renters in 05077 pay in this range for monthly rent. In comparison, approximately 39.4% of renters in the state of Vermont fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 05077 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 05077 is lower than the rental vacancy rate in the state of Vermont overall. Rental vacancy of 0.0% in ZIP Code 05077 is about 100% lower than the Vermont rate of 4.2%. Looking more broadly, rental vacancy in this Tunbridge, VT region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 05077? How does it compare to other Vermont regions?

Median household income in ZIP Code 05077 is lower than in the state of Vermont overall. Annual household income of $59,464 in ZIP Code 05077 is about 4% lower than the Vermont median of $61,973. Additionally, median household income in this Tunbridge, VT region ($59,464) is approximately 5% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 05077 spend on housing costs?

Renters in ZIP Code 05077 spend a lower amount of their income on rent costs than do renters in Vermont overall. Renters in ZIP Code 05077 spend an estimated 27.94% of their income on rent payments, which is about 8% lower than the overall Vermont estimated rate of 30.29%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 6% higher than the ZIP Code 05077 estimated rate of 27.94%.
9

Do renters in ZIP Code 05077 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 05077 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 05077 spending 30 percent or more of their income on rent costs (30.9%) is approximately 39% lower than the Vermont rate of 50.6% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 38% higher than the aforementioned 05077 rate of 30.9%.
10

What is the average household size of renter-occupied units in ZIP Code 05077?

The average household size of renter-occupied units in ZIP Code 05077 is lower than in the state of Vermont overall. Annual household size of 2.00 in ZIP Code 05077 is about 2% lower than the Vermont median of 2.04. Additionally, median household size in this Tunbridge, VT region (2.00) is approximately 20% lower than median household size of 2.49 in the U.S. as a whole.

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