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Rental Insights for ZIP Code 05262 (Shaftsbury, VT)

Housing Rentals in ZIP Code 05262 (Shaftsbury, VT)

05262 ZIP Code in Vermont

Learn About Housing Rentals in ZIP Code 05262

ZIP Code 05262 is primarily located in Shaftsbury, VT in Bennington County. The median housing rent payment in this region of Vermont is $796 per month. About 10.1% of housing units in this Bennington County ZIP Code are renter-occupied, and the region has an approximate rental vacancy rate of zero.

The median rent in ZIP Code 05262 of $796 per month is 19% lower than the aggregate Vermont median monthly rent of $985, and is 25% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 78.0% of residents in ZIP Code 05262 have a monthly rent payment between $500 and $999. That is 98% higher than in Vermont overall, in which 39.4% of total state residents pay between $500 and $999 per month for housing. Just 22.0% of renters in this Shaftsbury, VT region pay between $1,000 and $1,499 for monthly rent.

ZIP Code 05262 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 05262

See the chart below for a comparison of monthly rental costs in ZIP Code 05262, Vermont, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 05262 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 05262

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

Cost ZIP 05262 Vermont U.S.
Less than $500 0.0% 12.1% 9.4%
$500 to $999 78.0% 39.4% 36.2%
$1,000 to $1,499 22.0% 32.2% 30.0%
$1,500 to $1,999 0.0% 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 0.0% 0.7% 2.4%

Rent Cost vs. Income in ZIP Code 05262

Renters in ZIP Code 05262 use an estimated 25.4% of their income to cover their monthly rent payments. That is about 16% 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 05262 renters use about 15% less of their income to cover rent expense. Household income figures for ZIP Code 05262 come in higher than in Vermont as a whole. The median annual household income in ZIP Code 05262 of $87,328 sits approximately 41% higher than the overall Vermont median income of $61,973 and approximately 39% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 05262

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 05262, 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 05262 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 05262

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

Rent Cost as % of Income ZIP 05262 Vermont U.S.
Less than 15.0 percent 22.0% 10.8% 13.1%
15.0 to 19.9 percent 0.0% 12.6% 12.9%
20.0 to 24.9 percent 25.4% 13.2% 12.9%
25.0 to 29.9 percent 32.2% 12.8% 11.6%
30.0 to 34.9 percent 0.0% 9.9% 9.1%
35.0 percent or more 20.3% 40.7% 40.5%

Household Income in ZIP Code 05262

See the table below for the regional comparison of annual household income in ZIP Code 05262.

Income ZIP 05262 Vermont U.S.
Less than $10,000 0.0% 4.8% 6.0%
$10,000 to $14,999 1.4% 5.0% 4.3%
$15,000 to $24,999 2.7% 9.1% 8.9%
$25,000 to $34,999 10.8% 9.1% 8.9%
$35,000 to $49,999 13.8% 12.2% 12.3%
$50,000 to $74,999 14.1% 18.7% 17.2%
$75,000 to $99,999 13.7% 14.0% 12.7%
$100,000 to $149,999 28.8% 16.0% 15.1%
$150,000 to $199,999 7.9% 5.6% 6.8%
$200,000 or more 6.9% 5.5% 7.7%

Household Income in ZIP Code 05262

See the chart below for a comparison of annual household income figures in ZIP Code 05262, Vermont, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 05262 alongside the same figures for the state of Vermont and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 05262

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 05262.

ZIP 05262 Vermont U.S.
Median Housing Rent $796 $985 $1,062
Renter-Occupied Housing Units 10.1% 29.2% 36.0%
Rental Vacancy Rate 0.0% 4.2% 6.0%
Average Size of Renter-Occupied Unit 3.40 2.04 2.49
Average # of Bedrooms Per Unit 3.18 2.67 2.75
Percent of Income Spent on Rent 25.4% 30.29% 29.83%
Per Capita Income $40,028 $34,577 $34,103
Median Household Income $104,505 $81,233 $88,607
Living Below the Poverty Line 3.6% 6.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 05262

In ZIP Code 05262 (Shaftsbury, VT), and estimated 10.1% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 05262 is estimated at $40,028, which goes along with an estimated median household income of $104,505. About 3.6% of residents in this Bennington County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.40 occupants, while the units have an aggregate average size of 3.18 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 25.4% of their income on housing rental costs.

Rental FAQs for ZIP Code 05262

1

What is the median monthly rent in ZIP Code 05262?

Median rent for housing in ZIP Code 05262 in Bennington County in Vermont is approximately $796 per month.
2

Is it expensive to rent in ZIP Code 05262?

Rent in ZIP Code 05262 is lower than average in the state of Vermont overall. The median monthly rent of $796 in ZIP Code 05262 is approximately 19% lower than the Vermont median of $985. Additionally, median rent in this Shaftsbury, VT region ($796) is about 25% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 05262?

High-priced rentals are not common in the Shaftsbury, VT ZIP Code of 05262, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Vermont overall, approximately 0.7% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 05262?

Affordable rentals are more common in ZIP Code 05262 than in Vermont overall. The percentage of housing rentals in ZIP Code 05262 costing $999 or less per month (78%) is approximately 51% 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 71% lower than the previously mentioned 05262 rate of 78%.
5

What is the most common cost range that rentals fall into in ZIP Code 05262?

The most common range for rental cost in ZIP Code 05262 is between $500 and $999 per month. About 78.0% of renters in 05262 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 05262 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 05262 is lower than the rental vacancy rate in the state of Vermont overall. Rental vacancy of 0.0% in ZIP Code 05262 is about 100% lower than the Vermont rate of 4.2%. Looking more broadly, rental vacancy in this Shaftsbury, 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 05262? How does it compare to other Vermont regions?

Median household income in ZIP Code 05262 is higher than in the state of Vermont overall. Annual household income of $87,328 in ZIP Code 05262 is about 41% higher than the Vermont median of $61,973. Additionally, median household income in this Shaftsbury, VT region ($87,328) is approximately 39% higher 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 05262 spend on housing costs?

Renters in ZIP Code 05262 spend a lower amount of their income on rent costs than do renters in Vermont overall. Renters in ZIP Code 05262 spend an estimated 25.4% of their income on rent payments, which is about 16% 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 15% higher than the ZIP Code 05262 estimated rate of 25.4%.
9

Do renters in ZIP Code 05262 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 05262 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 05262 spending 30 percent or more of their income on rent costs (20.3%) is approximately 60% 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 59% higher than the aforementioned 05262 rate of 20.3%.
10

What is the average household size of renter-occupied units in ZIP Code 05262?

The average household size of renter-occupied units in ZIP Code 05262 is higher than in the state of Vermont overall. Annual household size of 3.40 in ZIP Code 05262 is about 67% higher than the Vermont median of 2.04. Additionally, median household size in this Shaftsbury, VT region (3.40) is approximately 37% higher than median household size of 2.49 in the U.S. as a whole.

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