MyNeighborhood

Can you afford to live in Burlington?

Median household income, home values and rent in Burlington, VT — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Burlington.

Median household income: $68,854 — +54.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,609/mo — +53.2% since 2015

Median home value, 2015 to 2023

  • 2015: 265800
  • 2023: 400200

Median household income

  • Burlington: 68854
  • Chittenden County: 94310
  • VT: 78024
  • U.S.: 78538

Median gross rent

  • Burlington: 1609
  • Chittenden County: 1590
  • VT: 1193
  • U.S.: 1348

Share of income a typical renter spends on rent: 33.1% — U.S.: 30.2%

What it means

The typical household here earns $68,854 — notably lower than the national figure of $78,538.

The typical renter here spends 33.1% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+54.1% versus +53.2%), before adjusting for inflation.

Sources

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