State Facts
| Minimum Wage | $14.42 |
|---|---|
| 2-Bedroom Housing Wage | $32.38 |
| Number of Renter Households | 73,337 |
| Number of Renter Households Below 30% AMI |
18,079 |
| Percent of Renter Households Below 30% AMI |
24% |
| Number of Renter Households Below 50% AMI |
29,096 |
| Percent of Renter Households Below 50% AMI |
39% |
Working at minimum wage $14.42/hr
Each week you have to work 71 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 | |
|---|---|---|---|
Number of Households |
|||
| Total | 273,416 | 178,857 | 94,559 |
| Renter | 73,337 | 42,728 | 30,609 |
| Percent Renters | 27% | 24% | 32% |
Housing Wage |
|||
| Zero-Bedroom | $23.90 | $20.39 | $28.79 |
| One-Bedroom | $25.60 | $21.20 | $31.75 |
| Two-Bedroom | $32.38 | $26.10 | $41.15 |
| Three-Bedroom | $41.47 | $33.36 | $52.79 |
| Four-Bedroom | $44.47 | $37.30 | $54.48 |
Fair Market Rent |
|||
| Zero-Bedroom | $1,243 | $1,060 | $1,497 |
| One-Bedroom | $1,331 | $1,102 | $1,651 |
| Two-Bedroom | $1,684 | $1,357 | $2,140 |
| Three-Bedroom | $2,156 | $1,735 | $2,745 |
| Four-Bedroom | $2,313 | $1,940 | $2,833 |
Annual Income Needed to Afford |
|||
| Zero-Bedroom | $49,702 | $42,411 | $59,880 |
| One-Bedroom | $53,257 | $44,099 | $66,040 |
| Two-Bedroom | $67,351 | $54,278 | $85,600 |
| Three-Bedroom | $86,253 | $69,385 | $109,800 |
| Four-Bedroom | $92,504 | $77,592 | $113,320 |
Minimum Wage |
|||
| Minimum Wage | $14.42 | $14.42 | $14.42 |
| Rent Affordable for a Full-Time Worker at Minimum Wage | $750 | $750 | $750 |
Work Hours/Week at Minimum Wage |
|||
| Zero-Bedroom | 66 | 57 | 80 |
| One-Bedroom | 71 | 59 | 88 |
| Two-Bedroom | 90 | 72 | 114 |
| Three-Bedroom | 115 | 93 | 146 |
| Four-Bedroom | 123 | 103 | 151 |
Supplemental Security Income (SSI) Payment |
|||
| SSI Monthly Payment | $1,050 | $1,050 | $1,050 |
| Rent affordable to SSI recipient | $315 | $315 | $315 |
Income Levels |
|||
| 30% of Area Median Income (AMI) | $33,170 | $31,135 | $37,020 |
| 50% of Area Median Income (AMI) | $55,283 | $51,891 | $61,700 |
| Median Renter Household Income | $51,743 | $45,718 | $60,153 |
Rent Affordable at Different Income Levels |
|||
| 30% of Area Median Income (AMI) | $829 | $778 | $926 |
| 50% of Area Median Income (AMI) | $1,382 | $1,297 | $1,543 |
| Median Renter Household Income | $1,294 | $1,143 | $1,504 |
Median Wages for State’s Most Common Occupations
| Occupation | Total Employment | Median Hourly Wage |
|---|---|---|
| Cashiers | 7,030 | $17.65 |
| Fast Food and Counter Workers | 6,830 | $17.80 |
| Stockers and Order Fillers | 5,360 | $18.35 |
| Retail Salespersons | 8,250 | $18.48 |
| Laborers and Freight, Stock, and Material Movers, Hand | 3,060 | $19.47 |
| Janitors and Cleaners, Except Maids and Housekeeping Cleaners | 5,130 | $20.22 |
| Home Health and Personal Care Aides | 7,700 | $20.56 |
| Light Truck Drivers | 2,050 | $22.28 |
| Cooks, Restaurant | 2,360 | $22.43 |
| Bartenders | 2,080 | $22.46 |
| Landscaping and Groundskeeping Workers | 2,700 | $22.85 |
| Social and Human Service Assistants | 1,920 | $23.04 |
| Nursing Assistants | 3,030 | $23.29 |
| Customer Service Representatives | 2,870 | $23.48 |
| Medical Secretaries and Administrative Assistants | 2,390 | $23.82 |
| Office Clerks, General | 5,100 | $23.88 |
| Secretaries and Administrative Assistants, Except Legal, Medical, and Executive | 3,360 | $24.18 |
| First-Line Supervisors of Food Preparation and Serving Workers | 1,970 | $24.62 |
| Housing Wage 1 Bedroom | $25.60 | |
| Community and Social Service Specialists, All Other | 2,850 | $26.26 |
| Bookkeeping, Accounting, and Auditing Clerks | 2,950 | $27.04 |
| Maintenance and Repair Workers, General | 2,610 | $27.43 |
| First-Line Supervisors of Retail Sales Workers | 2,310 | $27.56 |
| All Occupations | 303,890 | $27.87 |
| Waiters and Waitresses | 4,040 | $29.22 |
| Heavy and Tractor-Trailer Truck Drivers | 3,560 | $30.06 |
| Carpenters | 3,080 | $30.84 |
| Housing Wage 2 Bedroom | $32.38 | |
| Business Operations Specialists, All Other | 2,440 | $35.44 |
| Accountants and Auditors | 2,630 | $38.99 |
| Compliance Officers | 1,960 | $44.68 |
| Registered Nurses | 7,410 | $48.17 |
| General and Operations Managers | 8,000 | $48.74 |