#20

Vermont

State Facts

Minimum Wage $13.18
2-Bedroom Housing Wage $25.54
Number of Renter Households 73,362
Number of Renter Households
Below 30% AMI
18,536
Percent of Renter Households
Below 30% AMI
25%
Number of Renter Households
Below 50% AMI
31,716
Percent of Renter Households
Below 50% AMI
43%

Affordable Rent for Low Income Households

Minimum Wage Worker

$685/mo

Household at 30% of Area Median Income

$754/mo

Household at 50% of Area Median Income

$1,257/mo

Fair Market Rent

1-Bedroom Fair Market Rent

$1,049/mo

2-Bedroom Fair Market Rent

$1,328/mo

Working at minimum wage $13.18/hr

Each week you have to work 61 hours

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

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Compare Jurisdictions

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 262,514 172,370 90,144 14,468 14,513 12,525 2,729 10,830 12,383 11,338 24,998 25,137 19,085 24,364
Renter 73,362 43,248 30,114 3,401 3,721 3,014 462 2,907 2,218 2,268 6,728 7,289 5,634 5,606
Percent Renters 28% 25% 33% 24% 26% 24% 17% 27% 18% 20% 27% 29% 30% 23%
Housing Wage
Zero-Bedroom $18.50 $16.13 $21.90 $16.19 $16.33 $15.58 $14.04 $16.81 $16.38 $13.58 $17.38 $16.13 $15.44 $16.17
One-Bedroom $20.18 $17.65 $23.81 $18.21 $17.04 $16.25 $14.35 $16.92 $16.48 $16.23 $17.52 $18.33 $18.17 $18.88
Two-Bedroom $25.54 $21.69 $31.06 $22.92 $21.54 $18.35 $16.21 $22.27 $21.63 $18.33 $20.92 $24.13 $22.12 $21.71
Three-Bedroom $32.18 $28.05 $38.12 $29.79 $27.98 $22.44 $21.98 $29.69 $27.44 $23.87 $27.69 $30.46 $27.42 $29.54
Four-Bedroom $35.37 $30.93 $41.73 $30.79 $30.35 $31.25 $22.48 $29.92 $29.06 $25.35 $35.10 $32.50 $29.71 $29.65
Fair Market Rent
Zero-Bedroom $962 $839 $1,139 $842 $849 $810 $730 $874 $852 $706 $904 $839 $803 $841
One-Bedroom $1,049 $918 $1,238 $947 $886 $845 $746 $880 $857 $844 $911 $953 $945 $982
Two-Bedroom $1,328 $1,128 $1,615 $1,192 $1,120 $954 $843 $1,158 $1,125 $953 $1,088 $1,255 $1,150 $1,129
Three-Bedroom $1,673 $1,458 $1,982 $1,549 $1,455 $1,167 $1,143 $1,544 $1,427 $1,241 $1,440 $1,584 $1,426 $1,536
Four-Bedroom $1,839 $1,609 $2,170 $1,601 $1,578 $1,625 $1,169 $1,556 $1,511 $1,318 $1,825 $1,690 $1,545 $1,542
Annual Income Needed to Afford
Zero-Bedroom $38,477 $33,545 $45,560 $33,680 $33,960 $32,400 $29,200 $34,960 $34,080 $28,240 $36,160 $33,560 $32,120 $33,640
One-Bedroom $41,966 $36,706 $49,520 $37,880 $35,440 $33,800 $29,840 $35,200 $34,280 $33,760 $36,440 $38,120 $37,800 $39,280
Two-Bedroom $53,117 $45,121 $64,600 $47,680 $44,800 $38,160 $33,720 $46,320 $45,000 $38,120 $43,520 $50,200 $46,000 $45,160
Three-Bedroom $66,934 $58,338 $79,280 $61,960 $58,200 $46,680 $45,720 $61,760 $57,080 $49,640 $57,600 $63,360 $57,040 $61,440
Four-Bedroom $73,560 $64,340 $86,800 $64,040 $63,120 $65,000 $46,760 $62,240 $60,440 $52,720 $73,000 $67,600 $61,800 $61,680
Minimum Wage
Minimum Wage $13.18 $13.18 $13.18 $13.18 $13.18 $13.18 $13.18 $13.18 $13.18 $13.18 $13.18 $13.18 $13.18 $13.18
Rent Affordable for a Full-Time Worker at Minimum Wage $685 $685 $685 $685 $685 $685 $685 $685 $685 $685 $685 $685 $685 $685
Work Hours/Week at Minimum Wage
Zero-Bedroom 56 49 66 49 50 47 43 51 50 41 53 49 47 49
One-Bedroom 61 54 72 55 52 49 44 51 50 49 53 56 55 57
Two-Bedroom 78 66 94 70 65 56 49 68 66 56 63 73 67 66
Three-Bedroom 98 85 116 90 85 68 67 90 83 72 84 92 83 90
Four-Bedroom 107 94 127 93 92 95 68 91 88 77 107 99 90 90
Supplemental Security Income (SSI) Payment
SSI Monthly Payment $966 $966 $966 $966 $966 $966 $966 $966 $966 $966 $966 $966 $966 $966
Rent affordable to SSI recipient $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290
Income Levels
30% of Area Median Income (AMI) $30,171 $27,798 $34,710 $32,430 $29,040 $24,120 $19,260 $26,820 $27,000 $25,020 $26,640 $29,970 $26,460 $29,280
50% of Area Median Income (AMI) $50,285 $46,329 $57,850 $54,050 $48,400 $40,200 $32,100 $44,700 $45,000 $41,700 $44,400 $49,950 $44,100 $48,800
Median Renter Household Income $44,381 $39,303 $51,674 $52,585 $34,278 $30,144 $28,782 $44,166 $49,825 $32,772 $34,530 $42,006 $38,162 $39,688
Rent Affordable at Different Income Levels
30% of Area Median Income (AMI) $754 $695 $868 $811 $726 $603 $482 $671 $675 $626 $666 $749 $662 $732
50% of Area Median Income (AMI) $1,257 $1,158 $1,446 $1,351 $1,210 $1,005 $803 $1,118 $1,125 $1,043 $1,110 $1,249 $1,103 $1,220
Median Renter Household Income $1,110 $983 $1,292 $1,315 $857 $754 $720 $1,104 $1,246 $819 $863 $1,050 $954 $992

Median Wages for State’s Most Common Occupations

Occupation Total Employment Median Hourly Wage
Cashiers 6,640 $14.37
Home Health and Personal Care Aides 6,930 $14.85
Fast Food and Counter Workers 3,850 $15.17
Stockers and Order Fillers 4,750 $16.43
Retail Salespersons 6,650 $16.94
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 4,530 $17.37
Waiters and Waitresses 2,860 $17.68
Teaching Assistants, Except Postsecondary 5,160 $18.41
Laborers and Freight, Stock, and Material Movers, Hand 2,640 $18.42
Nursing Assistants 2,910 $18.62
Light Truck Drivers 2,240 $18.64
Medical Secretaries and Administrative Assistants 2,230 $19.31
Cooks, Restaurant 2,780 $19.67
Customer Service Representatives 3,860 $19.80
Landscaping and Groundskeeping Workers 2,590 $19.81
One-Bedroom Housing Wage $20.18
Office Clerks, General 3,870 $20.51
Construction Laborers 2,190 $21.46
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 4,620 $21.83
Maintenance and Repair Workers, General 2,310 $22.70
All Occupations 293,280 $23.74
Bookkeeping, Accounting, and Auditing Clerks 4,250 $23.91
First-Line Supervisors of Retail Sales Workers 2,340 $24.22
Heavy and Tractor-Trailer Truck Drivers 3,180 $24.28
Carpenters 2,760 $24.78
Two-bedrooom Housing Wage $25.54
First-Line Supervisors of Office and Administrative Support Workers 2,060 $30.02
Secondary School Teachers, Except Special and Career/Technical Education 3,200 $30.79
Elementary School Teachers, Except Special Education 3,490 $30.90
Accountants and Auditors 2,280 $34.38
Registered Nurses 6,930 $38.75
General and Operations Managers 8,500 $39.38
Compliance Officers 2,090 $40.30