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Rental Insights for ZIP Code 05732 (Bomoseen, VT)

Housing Rentals in ZIP Code 05732 (Bomoseen, VT)

05732 ZIP Code in Vermont

Learn About Housing Rentals in ZIP Code 05732

ZIP Code 05732 is primarily located in Bomoseen, VT in Rutland County. The median housing rent payment in this region of Vermont is $743 per month. Approximately 34.2% of housing units in this Rutland County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of zero.

The median rent in ZIP Code 05732 of $743 per month is 25% lower than the aggregate Vermont median monthly rent of $985, and is 30% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 58.4% of renters in ZIP Code 05732 pay between $500 and $999 per month for housing. That is 48% higher than in Vermont overall, in which 39.4% of total state residents pay between $500 and $999 per month for housing. Only 2.7% of renters in this Bomoseen, VT region pay between $1,500 and $1,999 per month for rent.

ZIP Code 05732 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 05732

See the chart below for a comparison of monthly rental costs in ZIP Code 05732, Vermont, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 05732 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 05732

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

Cost ZIP 05732 Vermont U.S.
Less than $500 0.0% 12.1% 9.4%
$500 to $999 58.4% 39.4% 36.2%
$1,000 to $1,499 38.9% 32.2% 30.0%
$1,500 to $1,999 2.7% 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 05732

Renters in ZIP Code 05732 use an estimated 33.25% of their income to cover their monthly rent payments. That is about 10% higher 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 05732 renters use about 11% more of their income to cover rent expense. Household income figures for ZIP Code 05732 come in lower than in Vermont as a whole. The median annual household income in ZIP Code 05732 of $44,375 sits approximately 28% lower than the overall Vermont median income of $61,973 and approximately 29% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 05732

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 05732, 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 05732 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 05732

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

Rent Cost as % of Income ZIP 05732 Vermont U.S.
Less than 15.0 percent 0.0% 10.8% 13.1%
15.0 to 19.9 percent 30.1% 12.6% 12.9%
20.0 to 24.9 percent 0.0% 13.2% 12.9%
25.0 to 29.9 percent 11.5% 12.8% 11.6%
30.0 to 34.9 percent 0.0% 9.9% 9.1%
35.0 percent or more 58.4% 40.7% 40.5%

Household Income in ZIP Code 05732

See the table below for the regional comparison of annual household income in ZIP Code 05732.

Income ZIP 05732 Vermont U.S.
Less than $10,000 26.1% 4.8% 6.0%
$10,000 to $14,999 0.0% 5.0% 4.3%
$15,000 to $24,999 1.8% 9.1% 8.9%
$25,000 to $34,999 0.6% 9.1% 8.9%
$35,000 to $49,999 27.0% 12.2% 12.3%
$50,000 to $74,999 17.0% 18.7% 17.2%
$75,000 to $99,999 12.1% 14.0% 12.7%
$100,000 to $149,999 10.6% 16.0% 15.1%
$150,000 to $199,999 4.2% 5.6% 6.8%
$200,000 or more 0.6% 5.5% 7.7%

Household Income in ZIP Code 05732

See the chart below for a comparison of annual household income figures in ZIP Code 05732, Vermont, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 05732 alongside the same figures for the state of Vermont and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 05732

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 05732.

ZIP 05732 Vermont U.S.
Median Housing Rent $743 $985 $1,062
Renter-Occupied Housing Units 34.2% 29.2% 36.0%
Rental Vacancy Rate 0.0% 4.2% 6.0%
Average Size of Renter-Occupied Unit 1.54 2.04 2.49
Average # of Bedrooms Per Unit 2.54 2.67 2.75
Percent of Income Spent on Rent 33.25% 30.29% 29.83%
Per Capita Income $31,160 $34,577 $34,103
Median Household Income $57,025 $81,233 $88,607
Living Below the Poverty Line 4.5% 6.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 05732

In ZIP Code 05732 (Bomoseen, VT), and estimated 34.2% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 05732 is estimated at $31,160, which goes along with an estimated median household income of $57,025. About 4.5% of residents in this Rutland County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.54 occupants, while the units have an aggregate average size of 2.54 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 33.25% of their income on housing rental costs.

Rental FAQs for ZIP Code 05732

1

What is the median monthly rent in ZIP Code 05732?

Median rent for housing in ZIP Code 05732 in Rutland County in Vermont is approximately $743 per month.
2

Is it expensive to rent in ZIP Code 05732?

Rent in ZIP Code 05732 is lower than average in the state of Vermont overall. The median monthly rent of $743 in ZIP Code 05732 is approximately 25% lower than the Vermont median of $985. Additionally, median rent in this Bomoseen, VT region ($743) is about 30% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 05732?

High-priced rentals are not common in the Bomoseen, VT ZIP Code of 05732, 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 05732?

Affordable rentals are more common in ZIP Code 05732 than in Vermont overall. The percentage of housing rentals in ZIP Code 05732 costing $999 or less per month (58.4%) is approximately 13% 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 28% lower than the previously mentioned 05732 rate of 58.4%.
5

What is the most common cost range that rentals fall into in ZIP Code 05732?

The most common range for rental cost in ZIP Code 05732 is between $500 and $999 per month. About 58.4% of renters in 05732 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 05732 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 05732 is lower than the rental vacancy rate in the state of Vermont overall. Rental vacancy of 0.0% in ZIP Code 05732 is about 100% lower than the Vermont rate of 4.2%. Looking more broadly, rental vacancy in this Bomoseen, 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 05732? How does it compare to other Vermont regions?

Median household income in ZIP Code 05732 is lower than in the state of Vermont overall. Annual household income of $44,375 in ZIP Code 05732 is about 28% lower than the Vermont median of $61,973. Additionally, median household income in this Bomoseen, VT region ($44,375) is approximately 29% 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 05732 spend on housing costs?

Renters in ZIP Code 05732 spend a higher amount of their income on rent costs than do renters in Vermont overall. Renters in ZIP Code 05732 spend an estimated 33.25% of their income on rent payments, which is about 10% higher 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 11% lower than the ZIP Code 05732 estimated rate of 33.25%.
9

Do renters in ZIP Code 05732 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 05732 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 05732 spending 30 percent or more of their income on rent costs (58.4%) is approximately 15% higher 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 18% lower than the aforementioned 05732 rate of 58.4%.
10

What is the average household size of renter-occupied units in ZIP Code 05732?

The average household size of renter-occupied units in ZIP Code 05732 is lower than in the state of Vermont overall. Annual household size of 1.54 in ZIP Code 05732 is about 25% lower than the Vermont median of 2.04. Additionally, median household size in this Bomoseen, VT region (1.54) is approximately 38% lower than median household size of 2.49 in the U.S. as a whole.