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Rental Insights for ZIP Code 05462 (Huntington, VT)

Housing Rentals in ZIP Code 05462 (Huntington, VT)

05462 ZIP Code in Vermont

Learn About Housing Rentals in ZIP Code 05462

ZIP Code 05462 is primarily located in Huntington, VT in Chittenden County. The median housing rent payment in this region of Vermont is $1,341 per month. About 7.8% of housing units in the region are renter-occupied, and this Chittenden County ZIP Code has an approximate rental vacancy rate of zero.

The median rent in ZIP Code 05462 of $1,341 per month is 36% higher than the aggregate Vermont median monthly rent of $985, and is 26% higher than the $1,062 the median monthly rent in the U.S. overall. Approximately 38.3% of residents in ZIP Code 05462 have a monthly rent payment between $1,500 and $1,999. That is 222% higher than in Vermont overall, in which 11.9% of total state residents pay between $1,500 and $1,999 per month for housing.

ZIP Code 05462 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 05462

See the chart below for a comparison of monthly rental costs in ZIP Code 05462, Vermont, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 05462 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 05462

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

Cost ZIP 05462 Vermont U.S.
Less than $500 0.0% 12.1% 9.4%
$500 to $999 36.7% 39.4% 36.2%
$1,000 to $1,499 25.0% 32.2% 30.0%
$1,500 to $1,999 38.3% 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 05462

Renters in ZIP Code 05462 use an estimated 22.09% of their income to cover their monthly rent payments. That is about 27% 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 05462 renters use about 26% less of their income to cover rent expense. Household income figures for ZIP Code 05462 come in higher than in Vermont as a whole. The median annual household income in ZIP Code 05462 of $87,390 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 05462

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 05462, 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 05462 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 05462

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

Rent Cost as % of Income ZIP 05462 Vermont U.S.
Less than 15.0 percent 10.0% 10.8% 13.1%
15.0 to 19.9 percent 45.0% 12.6% 12.9%
20.0 to 24.9 percent 23.3% 13.2% 12.9%
25.0 to 29.9 percent 5.0% 12.8% 11.6%
30.0 to 34.9 percent 5.0% 9.9% 9.1%
35.0 percent or more 11.7% 40.7% 40.5%

Household Income in ZIP Code 05462

See the table below for the regional comparison of annual household income in ZIP Code 05462.

Income ZIP 05462 Vermont U.S.
Less than $10,000 2.1% 4.8% 6.0%
$10,000 to $14,999 1.7% 5.0% 4.3%
$15,000 to $24,999 4.8% 9.1% 8.9%
$25,000 to $34,999 4.5% 9.1% 8.9%
$35,000 to $49,999 9.3% 12.2% 12.3%
$50,000 to $74,999 15.7% 18.7% 17.2%
$75,000 to $99,999 23.6% 14.0% 12.7%
$100,000 to $149,999 18.4% 16.0% 15.1%
$150,000 to $199,999 9.6% 5.6% 6.8%
$200,000 or more 10.3% 5.5% 7.7%

Household Income in ZIP Code 05462

See the chart below for a comparison of annual household income figures in ZIP Code 05462, Vermont, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 05462 alongside the same figures for the state of Vermont and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 05462

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 05462.

ZIP 05462 Vermont U.S.
Median Housing Rent $1,341 $985 $1,062
Renter-Occupied Housing Units 7.8% 29.2% 36.0%
Rental Vacancy Rate 0.0% 4.2% 6.0%
Average Size of Renter-Occupied Unit 1.86 2.04 2.49
Average # of Bedrooms Per Unit 2.86 2.67 2.75
Percent of Income Spent on Rent 22.09% 30.29% 29.83%
Per Capita Income $42,922 $34,577 $34,103
Median Household Income $104,547 $81,233 $88,607
Living Below the Poverty Line 1.3% 6.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 05462

In ZIP Code 05462 (Huntington, VT), and estimated 7.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 05462 is estimated at $42,922, which goes along with an estimated median household income of $104,547. About 1.3% of residents in this Chittenden County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.86 occupants, while the units have an aggregate average size of 2.86 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 22.09% of their income on housing rental costs.

Rental FAQs for ZIP Code 05462

1

What is the median monthly rent in ZIP Code 05462?

Median rent for housing in ZIP Code 05462 in Chittenden County in Vermont is approximately $1,341 per month.
2

Is it expensive to rent in ZIP Code 05462?

Rent in ZIP Code 05462 is higher than average in the state of Vermont overall. The median monthly rent of $1,341 in ZIP Code 05462 is approximately 36% higher than the Vermont median of $985. Additionally, median rent in this Huntington, VT region ($1,341) is about 26% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 05462?

High-priced rentals are not common in the Huntington, VT ZIP Code of 05462, 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 05462?

Affordable rentals are less common in ZIP Code 05462 than in Vermont overall. The percentage of housing rentals in ZIP Code 05462 costing $999 or less per month (36.7%) is approximately 29% 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 20% higher than the previously mentioned 05462 rate of 36.7%.
5

What is the most common cost range that rentals fall into in ZIP Code 05462?

The most common range for rental cost in ZIP Code 05462 is between $1,500 and $1,999 per month. About 38.3% of renters in 05462 pay in this range for monthly rent. In comparison, approximately 11.9% of renters in the state of Vermont fall in the between $1,500 and $1,999 range, and 14.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 05462 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 05462 is lower than the rental vacancy rate in the state of Vermont overall. Rental vacancy of 0.0% in ZIP Code 05462 is about 100% lower than the Vermont rate of 4.2%. Looking more broadly, rental vacancy in this Huntington, 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 05462? How does it compare to other Vermont regions?

Median household income in ZIP Code 05462 is higher than in the state of Vermont overall. Annual household income of $87,390 in ZIP Code 05462 is about 41% higher than the Vermont median of $61,973. Additionally, median household income in this Huntington, VT region ($87,390) 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 05462 spend on housing costs?

Renters in ZIP Code 05462 spend a lower amount of their income on rent costs than do renters in Vermont overall. Renters in ZIP Code 05462 spend an estimated 22.09% of their income on rent payments, which is about 27% 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 26% higher than the ZIP Code 05462 estimated rate of 22.09%.
9

Do renters in ZIP Code 05462 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 05462 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 05462 spending 30 percent or more of their income on rent costs (16.7%) is approximately 67% 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 66% higher than the aforementioned 05462 rate of 16.7%.
10

What is the average household size of renter-occupied units in ZIP Code 05462?

The average household size of renter-occupied units in ZIP Code 05462 is lower than in the state of Vermont overall. Annual household size of 1.86 in ZIP Code 05462 is about 9% lower than the Vermont median of 2.04. Additionally, median household size in this Huntington, VT region (1.86) is approximately 25% lower than median household size of 2.49 in the U.S. as a whole.