Households spending 30% or more of income on housing
The cost and availability of housing is a significant challenge forVermont families. Half of households report paying more than 30% of their income toward rent , a common metric of affordability. Stable housing is one key support to provide children with a positive environment to learn and grow.
The average Vermont renter makes $13.40 an hour and can afford to spend about $700 per month on rent, but the average two bedroom apartment costs $1,184 per month .
Additional information, including regional breakdowns can be found in the regularly updated reports for Renters in Vermont paying 30% or more of income on rent and Homeowners in Vermont with mortgages costing 30% or more of income.
Return to the Table of Contents for the 2019 How Are Vermont’s Young Children and Families? report.
1. U.S. Census Bureau. (2018). Table S0201: Selected population in the United States (Vermont), 2017. American Community Survey 1-Year Estimates.
2. National Low Income Housing Coalition. Out of Reach 2019: Vermont
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