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Rental Insights for ZIP Code 05486 (South Hero, VT)

Housing Rentals in ZIP Code 05486 (South Hero, VT)

05486 ZIP Code in Vermont

Learn About Housing Rentals in ZIP Code 05486

ZIP Code 05486 is primarily located in South Hero, VT in Grand Isle County. The median housing rent payment in this region of Vermont is $1,188 per month. About 15.3% of housing units in the region are renter-occupied, and this Grand Isle County ZIP Code has an approximate rental vacancy rate of 2.7%.

The median rent in ZIP Code 05486 of $1,188 per month is 21% higher than the aggregate Vermont median monthly rent of $985, and is 12% higher than the $1,062 the median monthly rent in the U.S. overall. In ZIP Code 05486, approximately 38.1% of residents pay between $1,000 and $1,499 per month for rent. That is 18% higher than in Vermont overall, in which 32.2% of total state residents pay between $1,000 and $1,499 per month for housing.

ZIP Code 05486 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 05486

See the chart below for a comparison of monthly rental costs in ZIP Code 05486, Vermont, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 05486 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 05486

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

Cost ZIP 05486 Vermont U.S.
Less than $500 9.5% 12.1% 9.4%
$500 to $999 29.8% 39.4% 36.2%
$1,000 to $1,499 38.1% 32.2% 30.0%
$1,500 to $1,999 20.2% 11.9% 14.0%
$2,000 to $2,499 0.0% 2.9% 5.6%
$2,500 to $2,999 2.4% 0.9% 2.4%
$3,000 or more 0.0% 0.7% 2.4%

Rent Cost vs. Income in ZIP Code 05486

Renters in ZIP Code 05486 use an estimated 23.46% of their income to cover their monthly rent payments. That is about 23% 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 05486 renters use about 21% less of their income to cover rent expense. Household income figures for ZIP Code 05486 come in higher than in Vermont as a whole. The median annual household income in ZIP Code 05486 of $94,063 sits approximately 52% higher than the overall Vermont median income of $61,973 and approximately 50% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 05486

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 05486, 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 05486 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 05486

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

Rent Cost as % of Income ZIP 05486 Vermont U.S.
Less than 15.0 percent 23.8% 10.8% 13.1%
15.0 to 19.9 percent 7.1% 12.6% 12.9%
20.0 to 24.9 percent 39.3% 13.2% 12.9%
25.0 to 29.9 percent 2.4% 12.8% 11.6%
30.0 to 34.9 percent 13.1% 9.9% 9.1%
35.0 percent or more 14.3% 40.7% 40.5%

Household Income in ZIP Code 05486

See the table below for the regional comparison of annual household income in ZIP Code 05486.

Income ZIP 05486 Vermont U.S.
Less than $10,000 3.5% 4.8% 6.0%
$10,000 to $14,999 2.8% 5.0% 4.3%
$15,000 to $24,999 3.5% 9.1% 8.9%
$25,000 to $34,999 5.8% 9.1% 8.9%
$35,000 to $49,999 5.8% 12.2% 12.3%
$50,000 to $74,999 14.6% 18.7% 17.2%
$75,000 to $99,999 18.0% 14.0% 12.7%
$100,000 to $149,999 21.8% 16.0% 15.1%
$150,000 to $199,999 11.0% 5.6% 6.8%
$200,000 or more 13.0% 5.5% 7.7%

Household Income in ZIP Code 05486

See the chart below for a comparison of annual household income figures in ZIP Code 05486, Vermont, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 05486 alongside the same figures for the state of Vermont and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 05486

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 05486.

ZIP 05486 Vermont U.S.
Median Housing Rent $1,188 $985 $1,062
Renter-Occupied Housing Units 15.3% 29.2% 36.0%
Rental Vacancy Rate 2.7% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.19 2.04 2.49
Average # of Bedrooms Per Unit 2.86 2.67 2.75
Percent of Income Spent on Rent 23.46% 30.29% 29.83%
Per Capita Income $53,706 $34,577 $34,103
Median Household Income $129,563 $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 05486

In ZIP Code 05486 (South Hero, VT), and estimated 15.3% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.7%.

The per capita income in 05486 is estimated at $53,706, which goes along with an estimated median household income of $129,563. About 3.2% of residents in this Grand Isle County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.19 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 23.46% of their income on housing rental costs.

Rental FAQs for ZIP Code 05486

1

What is the median monthly rent in ZIP Code 05486?

Median rent for housing in ZIP Code 05486 in Grand Isle County in Vermont is approximately $1,188 per month.
2

Is it expensive to rent in ZIP Code 05486?

Rent in ZIP Code 05486 is higher than average in the state of Vermont overall. The median monthly rent of $1,188 in ZIP Code 05486 is approximately 21% higher than the Vermont median of $985. Additionally, median rent in this South Hero, VT region ($1,188) is about 12% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 05486?

High-priced rentals are not common in the South Hero, VT ZIP Code of 05486, 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 05486?

Affordable rentals are less common in ZIP Code 05486 than in Vermont overall. The percentage of housing rentals in ZIP Code 05486 costing $999 or less per month (39.3%) is approximately 24% 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 14% higher than the previously mentioned 05486 rate of 39.3%.
5

What is the most common cost range that rentals fall into in ZIP Code 05486?

The most common range for rental cost in ZIP Code 05486 is between $1,000 and $1,499 per month. About 38.1% of renters in 05486 pay in this range for monthly rent. In comparison, approximately 32.2% of renters in the state of Vermont fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 05486 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 05486 is lower than the rental vacancy rate in the state of Vermont overall. Rental vacancy of 2.7% in ZIP Code 05486 is about 36% lower than the Vermont rate of 4.2%. Looking more broadly, rental vacancy in this South Hero, VT region (2.7%) is an estimated 55% 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 05486? How does it compare to other Vermont regions?

Median household income in ZIP Code 05486 is higher than in the state of Vermont overall. Annual household income of $94,063 in ZIP Code 05486 is about 52% higher than the Vermont median of $61,973. Additionally, median household income in this South Hero, VT region ($94,063) is approximately 50% 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 05486 spend on housing costs?

Renters in ZIP Code 05486 spend a lower amount of their income on rent costs than do renters in Vermont overall. Renters in ZIP Code 05486 spend an estimated 23.46% of their income on rent payments, which is about 23% 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 21% higher than the ZIP Code 05486 estimated rate of 23.46%.
9

Do renters in ZIP Code 05486 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 05486 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 05486 spending 30 percent or more of their income on rent costs (27.4%) is approximately 46% 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 45% higher than the aforementioned 05486 rate of 27.4%.
10

What is the average household size of renter-occupied units in ZIP Code 05486?

The average household size of renter-occupied units in ZIP Code 05486 is higher than in the state of Vermont overall. Annual household size of 2.19 in ZIP Code 05486 is about 7% higher than the Vermont median of 2.04. Additionally, median household size in this South Hero, VT region (2.19) is approximately 12% lower than median household size of 2.49 in the U.S. as a whole.

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