Vermont

#21

Vermont

State Facts

Minimum Wage $14.01
2-Bedroom Housing Wage $29.73
Number of Renter Households 71,479
Number of Renter Households
Below 30% AMI
20,551
Percent of Renter Households
Below 30% AMI
27%
Number of Renter Households
Below 50% AMI
32,374
Percent of Renter Households
Below 50% AMI
42%

Affordable Rent for Low Income Households

Minimum Wage Worker

$729/mo

Household at 30% of Area Median Income

$842/mo

Household at 50% of Area Median Income

$1,403/mo

Fair Market Rent

1-Bedroom Fair Market Rent

$1,218/mo

2-Bedroom Fair Market Rent

$1,546/mo

Working at minimum wage $14.01/hr

Each week you have to work 67 hours

To afford a modest 1 bedroom rental home at Fair Market Rent

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Vermont Vermont Non-metropolitan areas Burlington-South Burlington MSA Addison County Bennington County Caledonia County Essex County † Lamoille County Orange County Orleans County Rutland County Washington County Windham County Windsor County
Number of Households
Total 264,750 176,340 88,410 14,638 14,636 12,877 2,729 11,424 12,790 11,791 25,448 25,474 19,660 24,873
Renter 71,479 43,035 28,444 2,930 3,562 2,811 459 3,115 2,369 2,365 6,952 6,863 5,354 6,255
Percent Renters 27% 24% 32% 20% 24% 22% 17% 27% 19% 20% 27% 27% 27% 25%
Housing Wage
Zero-Bedroom $22.23 $19.39 $26.54 $21.08 $18.00 $17.40 $15.83 $16.98 $19.48 $16.25 $19.08 $20.67 $19.62 $21.62
One-Bedroom $23.43 $20.15 $28.38 $21.21 $20.56 $17.48 $16.42 $18.73 $19.88 $18.37 $19.19 $20.81 $21.38 $21.67
Two-Bedroom $29.73 $24.77 $37.23 $27.12 $23.56 $21.00 $18.19 $24.58 $24.21 $21.13 $24.17 $27.29 $26.04 $25.02
Three-Bedroom $38.20 $31.78 $47.90 $33.85 $32.87 $28.29 $25.50 $33.08 $31.67 $27.52 $29.83 $33.90 $32.40 $32.54
Four-Bedroom $40.82 $35.16 $49.37 $38.37 $38.19 $30.02 $25.98 $33.19 $33.21 $30.35 $37.35 $38.02 $34.52 $33.46
Fair Market Rent
Zero-Bedroom $1,156 $1,008 $1,380 $1,096 $936 $905 $823 $883 $1,013 $845 $992 $1,075 $1,020 $1,124
One-Bedroom $1,218 $1,048 $1,476 $1,103 $1,069 $909 $854 $974 $1,034 $955 $998 $1,082 $1,112 $1,127
Two-Bedroom $1,546 $1,288 $1,936 $1,410 $1,225 $1,092 $946 $1,278 $1,259 $1,099 $1,257 $1,419 $1,354 $1,301
Three-Bedroom $1,986 $1,653 $2,491 $1,760 $1,709 $1,471 $1,326 $1,720 $1,647 $1,431 $1,551 $1,763 $1,685 $1,692
Four-Bedroom $2,122 $1,829 $2,567 $1,995 $1,986 $1,561 $1,351 $1,726 $1,727 $1,578 $1,942 $1,977 $1,795 $1,740
Annual Income Needed to Afford
Zero-Bedroom $46,243 $40,322 $55,200 $43,840 $37,440 $36,200 $32,920 $35,320 $40,520 $33,800 $39,680 $43,000 $40,800 $44,960
One-Bedroom $48,730 $41,915 $59,040 $44,120 $42,760 $36,360 $34,160 $38,960 $41,360 $38,200 $39,920 $43,280 $44,480 $45,080
Two-Bedroom $61,833 $51,517 $77,440 $56,400 $49,000 $43,680 $37,840 $51,120 $50,360 $43,960 $50,280 $56,760 $54,160 $52,040
Three-Bedroom $79,449 $66,103 $99,640 $70,400 $68,360 $58,840 $53,040 $68,800 $65,880 $57,240 $62,040 $70,520 $67,400 $67,680
Four-Bedroom $84,895 $73,141 $102,680 $79,800 $79,440 $62,440 $54,040 $69,040 $69,080 $63,120 $77,680 $79,080 $71,800 $69,600
Minimum Wage
Minimum Wage $14.01 $14.01 $14.01 $14.01 $14.01 $14.01 $14.01 $14.01 $14.01 $14.01 $14.01 $14.01 $14.01 $14.01
Rent Affordable for a Full-Time Worker at Minimum Wage $729 $729 $729 $729 $729 $729 $729 $729 $729 $729 $729 $729 $729 $729
Work Hours/Week at Minimum Wage
Zero-Bedroom 63 55 76 60 51 50 45 48 56 46 54 59 56 62
One-Bedroom 67 58 81 61 59 50 47 53 57 52 55 59 61 62
Two-Bedroom 85 71 106 77 67 60 52 70 69 60 69 78 74 71
Three-Bedroom 109 91 137 97 94 81 73 94 90 79 85 97 93 93
Four-Bedroom 117 100 141 110 109 86 74 95 95 87 107 109 99 96
Supplemental Security Income (SSI) Payment
SSI Monthly Payment $1,023 $1,023 $1,023 $1,023 $1,023 $1,023 $1,023 $1,023 $1,023 $1,023 $1,023 $1,023 $1,023 $1,023
Rent affordable to SSI recipient $307 $307 $307 $307 $307 $307 $307 $307 $307 $307 $307 $307 $307 $307
Income Levels
30% of Area Median Income (AMI) $33,661 $30,924 $39,120 $34,830 $32,790 $28,980 $21,240 $29,460 $30,990 $27,660 $28,890 $33,120 $28,980 $33,150
50% of Area Median Income (AMI) $56,102 $51,540 $65,200 $58,050 $54,650 $48,300 $35,400 $49,100 $51,650 $46,100 $48,150 $55,200 $48,300 $55,250
Median Renter Household Income $47,360 $41,235 $56,626 $50,246 $34,695 $30,080 $27,788 $51,708 $40,400 $35,730 $34,749 $42,486 $42,075 $49,039
Rent Affordable at Different Income Levels
30% of Area Median Income (AMI) $842 $773 $978 $871 $820 $725 $531 $737 $775 $692 $722 $828 $725 $829
50% of Area Median Income (AMI) $1,403 $1,288 $1,630 $1,451 $1,366 $1,208 $885 $1,228 $1,291 $1,153 $1,204 $1,380 $1,208 $1,381
Median Renter Household Income $1,184 $1,031 $1,416 $1,256 $867 $752 $695 $1,293 $1,010 $893 $869 $1,062 $1,052 $1,226

Median Wages for State’s Most Common Occupations

Occupation Total Employment Median Hourly Wage
Home Health and Personal Care Aides 7,180 $16.76
Fast Food and Counter Workers 5,800 $16.90
Cashiers 7,790 $17.17
Retail Salespersons 7,930 $18.01
Stockers and Order Fillers 4,960 $18.05
Maids and Housekeeping Cleaners 2,270 $18.18
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 5,220 $18.90
Laborers and Freight, Stock, and Material Movers, Hand 2,480 $19.80
Landscaping and Groundskeeping Workers 2,720 $20.18
Nursing Assistants 3,140 $21.34
Light Truck Drivers 2,020 $21.74
Cooks, Restaurant 2,710 $21.80
Medical Secretaries and Administrative Assistants 2,120 $22.43
Customer Service Representatives 2,910 $22.60
Social and Human Service Assistants 2,150 $22.68
Office Clerks, General 5,120 $23.06
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 3,060 $23.29
Housing Wage 1 Bedroom $23.43
Bookkeeping, Accounting, and Auditing Clerks 3,260 $25.21
Community and Social Service Specialists, All Other 2,540 $25.22
First-Line Supervisors of Retail Sales Workers 2,350 $25.44
All Occupations 304,170 $25.65
Maintenance and Repair Workers, General 2,320 $26.07
Bartenders 2,210 $26.57
Heavy and Tractor-Trailer Truck Drivers 3,370 $27.58
Housing Wage 2 Bedroom $29.73
Waiters and Waitresses 3,730 $29.81
Carpenters 3,010 $30.44
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 2,040 $31.29
Business Operations Specialists, All Other 2,860 $32.86
Accountants and Auditors 2,770 $37.67
Registered Nurses 7,240 $41.66
General and Operations Managers 7,260 $45.64