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Rental Insights for ZIP Code 05761 (Pawlet, VT)

Housing Rentals in ZIP Code 05761 (Pawlet, VT)

05761 ZIP Code in Vermont

Learn About Housing Rentals in ZIP Code 05761

ZIP Code 05761 is primarily located in Pawlet, VT in Rutland County. The median housing rent payment in this region of Vermont is $783 per month. Approximately 10.0% 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 05761 of $783 per month is 21% lower than the aggregate Vermont median monthly rent of $985, and is 26% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 60.5% of residents in ZIP Code 05761 have a monthly rent payment between $500 and $999. That is 54% higher than in Vermont overall, in which 39.4% of total state residents pay between $500 and $999 per month for housing. Only 7.0% of renters in this Pawlet, VT region pay between $2,000 and $2,499 per month for rent.

ZIP Code 05761 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 05761

See the chart below for a comparison of monthly rental costs in ZIP Code 05761, Vermont, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 05761 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 05761

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

Cost ZIP 05761 Vermont U.S.
Less than $500 7.0% 12.1% 9.4%
$500 to $999 60.5% 39.4% 36.2%
$1,000 to $1,499 16.3% 32.2% 30.0%
$1,500 to $1,999 9.3% 11.9% 14.0%
$2,000 to $2,499 7.0% 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 05761

Renters in ZIP Code 05761 use an estimated 28.38% of their income to cover their monthly rent payments. That is about 6% 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 05761 renters use about 5% less of their income to cover rent expense. Household income figures for ZIP Code 05761 come in lower than in Vermont as a whole. The median annual household income in ZIP Code 05761 of $55,000 sits approximately 11% lower than the overall Vermont median income of $61,973 and approximately 12% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 05761

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 05761, 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 05761 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 05761

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

Rent Cost as % of Income ZIP 05761 Vermont U.S.
Less than 15.0 percent 20.9% 10.8% 13.1%
15.0 to 19.9 percent 25.6% 12.6% 12.9%
20.0 to 24.9 percent 0.0% 13.2% 12.9%
25.0 to 29.9 percent 0.0% 12.8% 11.6%
30.0 to 34.9 percent 9.3% 9.9% 9.1%
35.0 percent or more 44.2% 40.7% 40.5%

Household Income in ZIP Code 05761

See the table below for the regional comparison of annual household income in ZIP Code 05761.

Income ZIP 05761 Vermont U.S.
Less than $10,000 7.2% 4.8% 6.0%
$10,000 to $14,999 8.2% 5.0% 4.3%
$15,000 to $24,999 12.9% 9.1% 8.9%
$25,000 to $34,999 7.0% 9.1% 8.9%
$35,000 to $49,999 11.7% 12.2% 12.3%
$50,000 to $74,999 21.7% 18.7% 17.2%
$75,000 to $99,999 7.7% 14.0% 12.7%
$100,000 to $149,999 16.6% 16.0% 15.1%
$150,000 to $199,999 2.3% 5.6% 6.8%
$200,000 or more 4.7% 5.5% 7.7%

Household Income in ZIP Code 05761

See the chart below for a comparison of annual household income figures in ZIP Code 05761, Vermont, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 05761 alongside the same figures for the state of Vermont and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 05761

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 05761.

ZIP 05761 Vermont U.S.
Median Housing Rent $783 $985 $1,062
Renter-Occupied Housing Units 10.0% 29.2% 36.0%
Rental Vacancy Rate 0.0% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.47 2.04 2.49
Average # of Bedrooms Per Unit 2.81 2.67 2.75
Percent of Income Spent on Rent 28.38% 30.29% 29.83%
Per Capita Income $36,893 $34,577 $34,103
Median Household Income $78,962 $81,233 $88,607
Living Below the Poverty Line 10.5% 6.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 05761

In ZIP Code 05761 (Pawlet, VT), and estimated 10.0% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 05761 is estimated at $36,893, which goes along with an estimated median household income of $78,962. About 10.5% of residents in this Rutland County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.47 occupants, while the units have an aggregate average size of 2.81 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.38% of their income on housing rental costs.

Rental FAQs for ZIP Code 05761

1

What is the median monthly rent in ZIP Code 05761?

Median rent for housing in ZIP Code 05761 in Rutland County in Vermont is approximately $783 per month.
2

Is it expensive to rent in ZIP Code 05761?

Rent in ZIP Code 05761 is lower than average in the state of Vermont overall. The median monthly rent of $783 in ZIP Code 05761 is approximately 21% lower than the Vermont median of $985. Additionally, median rent in this Pawlet, VT region ($783) is about 26% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 05761?

High-priced rentals are not common in the Pawlet, VT ZIP Code of 05761, 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 05761?

Affordable rentals are more common in ZIP Code 05761 than in Vermont overall. The percentage of housing rentals in ZIP Code 05761 costing $999 or less per month (67.5%) is approximately 31% 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 48% lower than the previously mentioned 05761 rate of 67.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 05761?

The most common range for rental cost in ZIP Code 05761 is between $500 and $999 per month. About 60.5% of renters in 05761 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 05761 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 05761 is lower than the rental vacancy rate in the state of Vermont overall. Rental vacancy of 0.0% in ZIP Code 05761 is about 100% lower than the Vermont rate of 4.2%. Looking more broadly, rental vacancy in this Pawlet, 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 05761? How does it compare to other Vermont regions?

Median household income in ZIP Code 05761 is lower than in the state of Vermont overall. Annual household income of $55,000 in ZIP Code 05761 is about 11% lower than the Vermont median of $61,973. Additionally, median household income in this Pawlet, VT region ($55,000) is approximately 12% 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 05761 spend on housing costs?

Renters in ZIP Code 05761 spend a lower amount of their income on rent costs than do renters in Vermont overall. Renters in ZIP Code 05761 spend an estimated 28.38% of their income on rent payments, which is about 6% 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 5% higher than the ZIP Code 05761 estimated rate of 28.38%.
9

Do renters in ZIP Code 05761 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 05761 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 05761 spending 30 percent or more of their income on rent costs (53.5%) is approximately 6% 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 8% lower than the aforementioned 05761 rate of 53.5%.
10

What is the average household size of renter-occupied units in ZIP Code 05761?

The average household size of renter-occupied units in ZIP Code 05761 is higher than in the state of Vermont overall. Annual household size of 2.47 in ZIP Code 05761 is about 21% higher than the Vermont median of 2.04. Additionally, median household size in this Pawlet, VT region (2.47) is approximately 1% lower than median household size of 2.49 in the U.S. as a whole.

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