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Rental Insights for ZIP Code 05363 (Wilmington, VT)

Housing Rentals in ZIP Code 05363 (Wilmington, VT)

05363 ZIP Code in Vermont

Learn About Housing Rentals in ZIP Code 05363

ZIP Code 05363 is primarily located in Wilmington, VT in Windham County. The median housing rent payment in this region of Vermont is $1,020 per month. Approximately 36.3% of housing units in the region are renter-occupied, and this this Windham County ZIP Code has an estimated rental vacancy rate of 8.1%.

The median rent in ZIP Code 05363 of $1,020 per month is 4% higher than the aggregate Vermont median monthly rent of $985, and is 4% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 47.5% of residents in ZIP Code 05363 have a monthly rent payment between $500 and $999. That is 21% higher than in Vermont overall, in which 39.4% of total state residents pay between $500 and $999 per month for housing. Only 5.3% of ZIP Code 05363 renters pay between $1,500 and $1,999 for monthly rent.

ZIP Code 05363 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 05363

See the chart below for a comparison of monthly rental costs in ZIP Code 05363, Vermont, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 05363 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 05363

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

Cost ZIP 05363 Vermont U.S.
Less than $500 0.0% 12.1% 9.4%
$500 to $999 47.5% 39.4% 36.2%
$1,000 to $1,499 47.2% 32.2% 30.0%
$1,500 to $1,999 5.3% 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 05363

Renters in ZIP Code 05363 use an estimated 29.6% of their income to cover their monthly rent payments. That is about 2% 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 05363 renters use about 1% less of their income to cover rent expense. Household income figures for ZIP Code 05363 come in lower than in Vermont as a whole. The median annual household income in ZIP Code 05363 of $50,461 sits approximately 19% lower than the overall Vermont median income of $61,973 and approximately 20% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 05363

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 05363, 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 05363 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 05363

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

Rent Cost as % of Income ZIP 05363 Vermont U.S.
Less than 15.0 percent 12.8% 10.8% 13.1%
15.0 to 19.9 percent 7.8% 12.6% 12.9%
20.0 to 24.9 percent 26.3% 13.2% 12.9%
25.0 to 29.9 percent 6.3% 12.8% 11.6%
30.0 to 34.9 percent 6.3% 9.9% 9.1%
35.0 percent or more 40.6% 40.7% 40.5%

Household Income in ZIP Code 05363

See the table below for the regional comparison of annual household income in ZIP Code 05363.

Income ZIP 05363 Vermont U.S.
Less than $10,000 1.6% 4.8% 6.0%
$10,000 to $14,999 7.6% 5.0% 4.3%
$15,000 to $24,999 13.0% 9.1% 8.9%
$25,000 to $34,999 15.3% 9.1% 8.9%
$35,000 to $49,999 12.1% 12.2% 12.3%
$50,000 to $74,999 21.3% 18.7% 17.2%
$75,000 to $99,999 10.9% 14.0% 12.7%
$100,000 to $149,999 8.5% 16.0% 15.1%
$150,000 to $199,999 3.5% 5.6% 6.8%
$200,000 or more 6.1% 5.5% 7.7%

Household Income in ZIP Code 05363

See the chart below for a comparison of annual household income figures in ZIP Code 05363, Vermont, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 05363 alongside the same figures for the state of Vermont and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 05363

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 05363.

ZIP 05363 Vermont U.S.
Median Housing Rent $1,020 $985 $1,062
Renter-Occupied Housing Units 36.3% 29.2% 36.0%
Rental Vacancy Rate 8.1% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.03 2.04 2.49
Average # of Bedrooms Per Unit 2.84 2.67 2.75
Percent of Income Spent on Rent 29.6% 30.29% 29.83%
Per Capita Income $33,781 $34,577 $34,103
Median Household Income $70,838 $81,233 $88,607
Living Below the Poverty Line 1.7% 6.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 05363

In ZIP Code 05363 (Wilmington, VT), and estimated 36.3% of housing units are occupied by renters. This region has an approximate rental vacany rate of 8.1%.

The per capita income in 05363 is estimated at $33,781, which goes along with an estimated median household income of $70,838. About 1.7% of residents in this Windham County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.03 occupants, while the units have an aggregate average size of 2.84 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.6% of their income on housing rental costs.

Rental FAQs for ZIP Code 05363

1

What is the median monthly rent in ZIP Code 05363?

Median rent for housing in ZIP Code 05363 in Windham County in Vermont is approximately $1,020 per month.
2

Is it expensive to rent in ZIP Code 05363?

Rent in ZIP Code 05363 is higher than average in the state of Vermont overall. The median monthly rent of $1,020 in ZIP Code 05363 is approximately 4% higher than the Vermont median of $985. Additionally, median rent in this Wilmington, VT region ($1,020) is about 4% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 05363?

High-priced rentals are not common in the Wilmington, VT ZIP Code of 05363, 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 05363?

Affordable rentals are less common in ZIP Code 05363 than in Vermont overall. The percentage of housing rentals in ZIP Code 05363 costing $999 or less per month (47.5%) is approximately 8% lower 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 4% lower than the previously mentioned 05363 rate of 47.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 05363?

The most common range for rental cost in ZIP Code 05363 is between $500 and $999 per month. About 47.5% of renters in 05363 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 05363 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 05363 is higher than the rental vacancy rate in the state of Vermont overall. Rental vacancy of 8.1% in ZIP Code 05363 is about 93% higher than the Vermont rate of 4.2%. Looking more broadly, rental vacancy in this Wilmington, VT region (8.1%) is an estimated 35% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 05363? How does it compare to other Vermont regions?

Median household income in ZIP Code 05363 is lower than in the state of Vermont overall. Annual household income of $50,461 in ZIP Code 05363 is about 19% lower than the Vermont median of $61,973. Additionally, median household income in this Wilmington, VT region ($50,461) is approximately 20% 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 05363 spend on housing costs?

Renters in ZIP Code 05363 spend a lower amount of their income on rent costs than do renters in Vermont overall. Renters in ZIP Code 05363 spend an estimated 29.6% of their income on rent payments, which is about 2% 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 1% higher than the ZIP Code 05363 estimated rate of 29.6%.
9

Do renters in ZIP Code 05363 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 05363 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 05363 spending 30 percent or more of their income on rent costs (46.9%) is approximately 7% 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 5% higher than the aforementioned 05363 rate of 46.9%.
10

What is the average household size of renter-occupied units in ZIP Code 05363?

The average household size of renter-occupied units in ZIP Code 05363 is lower than in the state of Vermont overall. Annual household size of 2.03 in ZIP Code 05363 is about 0% lower than the Vermont median of 2.04. Additionally, median household size in this Wilmington, VT region (2.03) is approximately 18% lower than median household size of 2.49 in the U.S. as a whole.

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