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The 2000 Census found 16,395 housing units in the City: 9,295 rental units,
6,590 owner-occupied units, and 510 "other" vacant or seasonal units.
That represents the following increases over the last decade:
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Increase in units from 1990 to 2000 |
| Total Units |
915 |
| Owner-Occupied |
683 |
| Renter-Occupied |
522 |
Chittenden County added 6,769 units to its housing stock over the last
decade. Of those, 1,898 were renter-occupied units. Overall, South Burlington
and Williston added the most units; Burlington and South Burlington added the
most rental units.
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Over 47% of Burlington's housing stock was built before 1950. These
older units generally mean higher costs for maintenance, heat and
insurance.
Within Chittenden County, Burlington has five times as many units
over 50 years old than any other municipality. As a percentage of total
housing stock, only Burlington and Winooski have pre-1950 unit shares
approaching fifty percent. See Regional
Age of Housing Stock Map.
You can also view this information in table
format. |

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Within Burlington, there are particularly high concentrations of housing
units over 50 years old in the Old North End, King Street and Lakeside
neighborhoods. See Age of Burlington
Housing Stock Map. Only in census tracts 1 and 2 (the New North End neighborhoods)
and census tract 11 in the South End was most of the housing stock built after
1950:
| |
# Owner-Occupied Units Built Before
1950 |
% Owner-Occupied Units Built Before
1950 |
# Renter-Occupied Units Built Before
1950 |
% Renter-Occupied Units Built Before
1950 |
Total # Units Built Before 1950 |
% All Units Built Before 1950 |
| Census Tract 1 |
150 |
10.9% |
95 |
20.9% |
245 |
13.3% |
| Census Tract 2 |
323 |
20.0% |
17 |
2.6% |
340 |
15.0% |
| Census Tract 3 |
395 |
90.6% |
618 |
63.4% |
1013 |
71.8% |
| Census Tract 4 |
185 |
94.4% |
737 |
56.5% |
922 |
61.4% |
| Census Tract 5 |
205 |
79.8% |
1059 |
69.2% |
1264 |
70.7% |
| Census Tract 6 |
376 |
68.7% |
587 |
45.9% |
963 |
52.7% |
| Census Tract 7 |
196 |
58.5% |
150 |
42.6% |
346 |
50.4% |
| Census Tract 8 |
379 |
62.1% |
239 |
50.6% |
618 |
57.1% |
| Census Tract 9 |
249 |
81.1% |
576 |
62.4% |
825 |
67.1% |
| Census Tract 10 |
117 |
56.3% |
599 |
64.0% |
716 |
62.6% |
| Census Tract 11 |
208 |
29.5% |
70 |
16.9% |
278 |
24.8% |
| TOTAL |
1915 |
60.5% |
4017 |
55.7% |
5932 |
57.2% |
Given the age of the City’s housing stock, lead paint is presumed to be
present in most areas of the City, and particularly in the Old North End and
King Street and Lakeside neighborhoods. Using 2000 Census data for numbers
of households and national estimates of percentages of units likely to have
lead paint (based on age), the City estimates that the extent of the lead
paint hazard is as follows:
| Owner-Occupied Units with Lead Paint |
4225 |
| Low-Income Owner-Occupied Units with Lead Paint |
899 |
| Renter-Occupied Units with Lead Paint |
6109 |
| Low-Income Renter-Occupied Units with Lead Paint |
5408 |
In contrast to national, state and county figures from the 2000 Census,
most of Burlington’s households did not own their own homes. On
homeownership rates, Burlington looks more like other New England cities
than other Chittenden County towns. Burlington’s homeownership rate has
never topped 50% in the last forty years.
Burlington homeowners are aging in place. Over 47% have lived in their
houses for twenty or more years, and over 40% are age 55 and older. Only
around 10% moved in within the last year.
Burlington’s homeownership rate increased slightly in the last decade,
reversing a downward trend from 1970 to 1990. (The decade from 1970 to 1980
represented the largest decrease in homeownership).
| Only 27% of Burlington’s homeowners are families
with children. A bare majority of Burlington families with children
(51%) own homes – the remaining 49% of families with children are
renters. Around 18% of all City apartments are occupied by families
with children. |
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You can also
view this information in table
format. |
There is, of course, more mobility among renters than among homeowners.
However, there is a core group of tenants who have lived in the same
apartment for at least 5 years.
The bedroom mix of rental units in the City is:
After seven years of historically low vacancy rates, an extremely tight
rental market is finally beginning to loosen up.
However, the rental market has yet to reach a "balanced" vacancy
rate – which, according to most experts, is between 3% and 5%.
According to the Allen & Brooks Report, the median price of a
single-family home in Chittenden County rose from $122,050 in 1990 to
$184,500 in 2002 – an increase of over 50%. There have been significant
increases in median sales prices in the last 4 years.
Based on state Property Transfer Tax data analyzed by
the Vermont Housing Finance Agency, the median home sales price in
Burlington has risen 29% over the last three years, reaching $165,000 in
2002. The monthly mortgage payment for a $165,700 loan (assuming no down
payment) at 6.5% interest for a 30-year term would be $1,042 (exclusive
of insurances and property taxes). Insurance and property taxes would be
around $400 more per month. Burlington does remain one of the more
affordable communities in the county for homebuyers.
The average monthly rents with and without utilities
as of September 2002 (from the December 2002 Allen & Brooks Report)
and the current fair market rents (calculated as the dollar amount
below which 40% of all standard quality units are rented) for the
greater Burlington market are:
| |
Efficiency |
1-bedroom |
2-bedroom |
3-bedroom |
| Fair Market Rent |
$512 |
$627 |
$836 |
$1,140 |
| Average Rent, Tenant Pays Utilities |
$540 |
$636 |
$803 |
$1,096 |
| Average Rent, Landlord Pays Utilities |
$592 |
$734 |
$943 |
$1,281 |
Rents have been rising from 5.4% to 8.7% per year:
According to the 2000 Census, 4,338 renter households
(46.8% of all renter households) in the City were cost burdened, i.e.,
spending more than 30% of their gross annual income for housing. The
proportion was even higher in census tracts 3, 4, 5, 6, and 10, where
two-thirds of renter households were cost-burdened. Citywide, 2,055
renter households were severely cost-burdened, i.e., paying 50% or more
of their income on housing. (This data does not distinguish between
college students and non-student renters.) For a regional comparison of
cost burden rates, see Cost
Burdened Renters Map.
In September 2002, the National Low Income Housing Coalition estimated
that the ”housing wage” in Burlington – the amount that a full time (40
hours a week) worker must earn per hour in order to afford a two-bedroom
unit at the area’s Fair Market Rent – was $16.08. A full-time worker earning
minimum wage could afford to pay a monthly rent of no more than $268 without
becoming rent-burdened – an amount which is $156 below the fair market rent
for an efficiency apartment, and $424 below the fair market rent of $692 for
a two bedroom apartment.
The table below shows what rental housing is affordable to households at
various income levels based on 2002 Metropolitan Statistical Area median
income figures.
| |
Annual Household Income |
Maximum Affordable Rent
|
Affordable Units at Fair Market Rent |
| Earn state minimum wage ($6.25/hour) |
$13,000 |
$325 |
None |
| Earn 30% of median family income |
$17,220 |
$430 |
None |
| Earn 50% of median family income |
$28,700 |
$718 |
Efficiency or 1 bedroom |
| Earn 80% of median family income |
$45,920 |
$1,148 |
Efficiency, 1, 2 or 3 bedroom |
| Earn median family income |
$57,400 |
$1,435 |
All units |
“Substandard” conditions are defined by ordinance
to include any housing unit with 5 or more nonlife-threatening code
violations or with any one of the following:
- The physical condition or use of the dwelling constitutes a public
nuisance;
- Any physical condition, use or occupancy considered an attractive
nuisance to children, including, but not limited to, abandoned wells,
shafts, basements, excavations and unsafe fences or structure;
- Any dwelling with unsanitary sewage or plumbing facilities;
- Any dwelling designated unsafe for human habitation or use;
- Any dwelling manifestly capable of being a fire hazard or manifestly
unsafe or unsecured so as to endanger life, limb or property;
- Any dwelling from which the plumbing, heating or other facilities
required by law have been removed, or from which utilities have been
disconnected, destroyed, removed, or rendered ineffective, or the
required precautions against trespassers have not been provided;
- Any dwelling that is unsanitary or which is littered with rubbish or
garbage, or which has an uncontrolled growth of weeds; or
- Any dwelling that is in a state of dilapidation, deterioration or
decay; faulty construction; overcrowded; open, vacant or abandoned;
damaged by fire to the extent of not providing shelter; in danger of
collapse or failure and dangerous to anyone on or near the dwelling.
Overcrowding has not been a substantial problem in Burlington. The 2000
Census reported only 297 units in the City with more than one person per
room, and minimum housing inspections have not revealed significant
overcrowding.
Given the age of the housing stock in the City, most housing units are in
need of some level of repair or rehabilitation. Based on minimum housing
inspections, around 50% of the rental units in the City are “substandard”
within the above definition. Frequently, the code violations found present
serious safety issues, but do not require substantial investment to correct
(i.e., lack of smoke detectors, broken railings). An estimated 10% of the
City’s rental units are in need of significant rehabilitation, at a level
requiring $5,000 or more per unit.
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Page last updated May 13, 2003
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