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Affordable
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These days, finding an affordable place to live in the 05031 area can be challenging. Home prices in 05031 are now at a median cost of $402,600, higher than the Vermont average of $340,025.
The average cost of rent is $1,372/mo in 05031, primarily driven by the current value of real estate in the 05031 area. In 05031, 14.64% of households rent, and 48.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 05031 is $8,132 per month. Households that rent pay about 16.87% of their income on rent here. 05031’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 05067, VT: equally priced homes
- 05053, VT: equally priced homes
- 05091, VT: higher priced homes
- 05032, VT: less expensive homes
- 05068, VT: less expensive homes
- 05084, VT: equally priced homes
- 05772, VT: less expensive homes
- 05073, VT: less expensive homes
- 05059, VT: less expensive homes
- 05065, VT: less expensive homes
Zip Codes with Similar Populations
- 32692, FL: less expensive homes
- 80802, CO: less expensive homes
- 57272, SD: less expensive homes
- 79781, TX: less expensive homes
- 67332, KS: less expensive homes
- 59854, MT: higher priced homes
- 60208, IL: less expensive homes
- 97880, OR: less expensive homes
- 26707, WV: less expensive homes
- 66941, KS: less expensive homes
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