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Cost of Living in Addison County, VT

Population 37,664 · Census ACS 2020–2024 5-year estimates

Median rent$1,177
Median home value$361,200
Median household income$89,639

The median rent in Addison County, VT is $1,177/month, 5% lower than the Vermont median and 17% lower than the U.S. median. The median home value is $361,200, 9% higher than the national median. Households earn a median of $89,639 a year, 10% higher than the state median.

Affordability

Rent as a share of median income: 15.8%
Income needed for median rent (30% rule): $47,080/yr
Home price-to-income ratio: 4.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,826/mo

Run your own numbers: mortgage calculator · hourly to salary

Addison County vs. Vermont vs. U.S.

Addison CountyVermontU.S.
Median rent$1,177$1,234$1,413
Median home value$361,200$316,600$332,700
Median household income$89,639$81,203$80,734
Homeownership rate79.3%73.2%65.2%
Bachelor's degree or higher43.6%43.8%35.7%
Poverty rate7.6%10.1%12.5%
Unemployment rate3.8%3.6%5.2%
Work from home17.4%16.9%15.1%
Median age44.143.138.9

FAQ

What is the average rent in Addison County, VT?

The median gross rent in Addison County, VT is $1,177 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Addison County, VT?

Using the common 30% rule, renting a median-priced home takes about $47,080 a year in gross income.

Is Addison County, VT expensive to live in?

Rent there is 17% lower than the U.S. median, and the median home costs about 4.0 times the median household income.

Other counties in Vermont

Chittenden County, VTRent $1,646 · Income $96,759Rutland County, VTRent $1,000 · Income $68,616Washington County, VTRent $1,163 · Income $83,449Windsor County, VTRent $1,118 · Income $77,594Franklin County, VTRent $1,180 · Income $81,313Windham County, VTRent $1,056 · Income $72,217

Counties with a similar cost of living

Lee County, GARent $1,184 · Income $89,168Fairfield County, OHRent $1,172 · Income $90,966Grundy County, ILRent $1,177 · Income $92,235Northeastern Connecticut Planning Region, CTRent $1,155 · Income $90,589Ottawa County, MIRent $1,211 · Income $90,502Effingham County, GARent $1,147 · Income $88,438

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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