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Rental Insights for ZIP Code 05841 (Greensboro, VT)

Housing Rentals in ZIP Code 05841 (Greensboro, VT)

05841 ZIP Code in Vermont

Learn About Housing Rentals in ZIP Code 05841

ZIP Code 05841 is primarily located in Greensboro, VT in Orleans County. The median housing rent payment in this region of Vermont is $439 per month. About 15.4% of all housing units in this Orleans County ZIP Code are occupied by renters. Additionally, the region has an approximate rental vacancy rate of 9.7%.

The median rent in ZIP Code 05841 of $439 per month is 55% lower than the aggregate Vermont median monthly rent of $985, and is 59% lower than the $1,062 the median monthly rent in the U.S. overall. About 61.5% of residents in ZIP Code 05841 pay less than $500 per month for rent. That is 408% higher than in Vermont overall, in which 12.1% of total state residents pay less than $500 per month for housing. Only 11.5% of renters in this Greensboro, VT region pay between $1,000 and $1,499 per month for rent.

ZIP Code 05841 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 05841

See the chart below for a comparison of monthly rental costs in ZIP Code 05841, Vermont, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 05841 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 05841

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

Cost ZIP 05841 Vermont U.S.
Less than $500 61.5% 12.1% 9.4%
$500 to $999 26.9% 39.4% 36.2%
$1,000 to $1,499 11.5% 32.2% 30.0%
$1,500 to $1,999 0.0% 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 05841

Renters in ZIP Code 05841 use an estimated 30.39% of their income to cover their monthly rent payments. That is about 0% 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 05841 renters use about 2% more of their income to cover rent expense. Household income figures for ZIP Code 05841 come in lower than in Vermont as a whole. The median annual household income in ZIP Code 05841 of $45,000 sits approximately 27% lower than the overall Vermont median income of $61,973 and approximately 28% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 05841

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 05841, 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 05841 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 05841

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

Rent Cost as % of Income ZIP 05841 Vermont U.S.
Less than 15.0 percent 0.0% 10.8% 13.1%
15.0 to 19.9 percent 15.4% 12.6% 12.9%
20.0 to 24.9 percent 11.5% 13.2% 12.9%
25.0 to 29.9 percent 34.6% 12.8% 11.6%
30.0 to 34.9 percent 7.7% 9.9% 9.1%
35.0 percent or more 30.8% 40.7% 40.5%

Household Income in ZIP Code 05841

See the table below for the regional comparison of annual household income in ZIP Code 05841.

Income ZIP 05841 Vermont U.S.
Less than $10,000 7.1% 4.8% 6.0%
$10,000 to $14,999 5.5% 5.0% 4.3%
$15,000 to $24,999 14.8% 9.1% 8.9%
$25,000 to $34,999 14.3% 9.1% 8.9%
$35,000 to $49,999 13.2% 12.2% 12.3%
$50,000 to $74,999 17.0% 18.7% 17.2%
$75,000 to $99,999 11.0% 14.0% 12.7%
$100,000 to $149,999 9.9% 16.0% 15.1%
$150,000 to $199,999 2.7% 5.6% 6.8%
$200,000 or more 4.4% 5.5% 7.7%

Household Income in ZIP Code 05841

See the chart below for a comparison of annual household income figures in ZIP Code 05841, Vermont, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 05841 alongside the same figures for the state of Vermont and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 05841

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 05841.

ZIP 05841 Vermont U.S.
Median Housing Rent $439 $985 $1,062
Renter-Occupied Housing Units 15.4% 29.2% 36.0%
Rental Vacancy Rate 9.7% 4.2% 6.0%
Average Size of Renter-Occupied Unit 1.43 2.04 2.49
Average # of Bedrooms Per Unit 3.22 2.67 2.75
Percent of Income Spent on Rent 30.39% 30.29% 29.83%
Per Capita Income $38,615 $34,577 $34,103
Median Household Income $74,005 $81,233 $88,607
Living Below the Poverty Line 0.0% 6.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 05841

In ZIP Code 05841 (Greensboro, VT), and estimated 15.4% of housing units are occupied by renters. This region has an approximate rental vacany rate of 9.7%.

The per capita income in 05841 is estimated at $38,615, which goes along with an estimated median household income of $74,005. About 0.0% of residents in this Orleans County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.43 occupants, while the units have an aggregate average size of 3.22 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 30.39% of their income on housing rental costs.

Rental FAQs for ZIP Code 05841

1

What is the median monthly rent in ZIP Code 05841?

Median rent for housing in ZIP Code 05841 in Orleans County in Vermont is approximately $439 per month.
2

Is it expensive to rent in ZIP Code 05841?

Rent in ZIP Code 05841 is lower than average in the state of Vermont overall. The median monthly rent of $439 in ZIP Code 05841 is approximately 55% lower than the Vermont median of $985. Additionally, median rent in this Greensboro, VT region ($439) is about 59% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 05841?

High-priced rentals are not common in the Greensboro, VT ZIP Code of 05841, 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 05841?

Affordable rentals are more common in ZIP Code 05841 than in Vermont overall. The percentage of housing rentals in ZIP Code 05841 costing $999 or less per month (88.4%) is approximately 72% 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 94% lower than the previously mentioned 05841 rate of 88.4%.
5

What is the most common cost range that rentals fall into in ZIP Code 05841?

The most common range for rental cost in ZIP Code 05841 is less than $500 per month. About 61.5% of renters in 05841 pay in this range for monthly rent. In comparison, approximately 12.1% of renters in the state of Vermont fall in the less than $500 range, and 9.4% of overall U.S. renters fall in this range.
6

Does ZIP Code 05841 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 05841 is higher than the rental vacancy rate in the state of Vermont overall. Rental vacancy of 9.7% in ZIP Code 05841 is about 131% higher than the Vermont rate of 4.2%. Looking more broadly, rental vacancy in this Greensboro, VT region (9.7%) is an estimated 62% 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 05841? How does it compare to other Vermont regions?

Median household income in ZIP Code 05841 is lower than in the state of Vermont overall. Annual household income of $45,000 in ZIP Code 05841 is about 27% lower than the Vermont median of $61,973. Additionally, median household income in this Greensboro, VT region ($45,000) is approximately 28% 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 05841 spend on housing costs?

Renters in ZIP Code 05841 spend a higher amount of their income on rent costs than do renters in Vermont overall. Renters in ZIP Code 05841 spend an estimated 30.39% of their income on rent payments, which is about 0% 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 2% lower than the ZIP Code 05841 estimated rate of 30.39%.
9

Do renters in ZIP Code 05841 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 05841 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 05841 spending 30 percent or more of their income on rent costs (38.5%) is approximately 24% 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 22% higher than the aforementioned 05841 rate of 38.5%.
10

What is the average household size of renter-occupied units in ZIP Code 05841?

The average household size of renter-occupied units in ZIP Code 05841 is lower than in the state of Vermont overall. Annual household size of 1.43 in ZIP Code 05841 is about 30% lower than the Vermont median of 2.04. Additionally, median household size in this Greensboro, VT region (1.43) is approximately 43% lower than median household size of 2.49 in the U.S. as a whole.

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