COMMUNITY & ECONOMIC DEVELOPMENT OFFICE

Burlington, Vermont  
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 Consolidated Plan
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    Affordable Housing
      Priority 1: Produce
      Affordable Housing
      Priority 2: Promote
      Homeownership and
      Household Mobility
      Priority 3: Preserve
      and Upgrade the
      Existing Housing
      Stock
      Priority 4: Protect
      the Vulnerable
      Priority 5: Regional
      Housing Issues
   
    Economic
    Development
      Priority 1: A Strong
      and Vital Downtown
      Priority 2:
      Waterfront
      Priority 3: North
      Street and Other
      Neighborhood
      Activity Centers
      Priority 4: South End
      Arts & Business
      District (Enterprise
      Zone)
      Priority 5: Intervale
      Priority 6: Continued
      Growth and
      Development of
      Locally-Owned
      Businesses
      Priority 7: Brownfield
      Redevelopment
      Priority 8: Equal
     Opportunity / Livable
     Wage / Child Care
      Priority 9: 
      Transportation
      Priority 10: 
      Targeted Industries
      Priority 11: 
      Cooperative
      Relationships
   
    Social Services
      Priority 1: Basic
      Services
      Priority 2: Families
      and Youth
      Priority 3: Seniors
      and People with
      Disabilities
      Priority 4: Equal
      Access / Civil and
      Human Rights
      Priority 5: Health,
      Prevention, Public
      Safety and Quality of
      Life
   
    Neighborhood
    Development
      Priority 1:
      Neighborhood
      Infrastructure and
      Public Facilities
      Priority 2:
      Environmental
      Quality
      Priority 3:
      Waterfront
   
    Neighborhood
    Revitalization

    Strategy
   
    Institutional Structure
    and Coordination
   
    Anti-Poverty and
    Resource Allocation
    Strategy
   
    Monitoring Standards
    and Procedures
   
    Citizen Participation
    Plan
   
    Appendix A: Inventory
    of Services
    Appendix B: Public
    Comments
  
  
   
 
 
 


2003 Consolidated Plan for Housing & Community Development
Housing Conditions and Market Analysis

Number and Types of Units

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:

  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.

Age of Housing

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.

age of Burlington housing units

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%
 

Lead Paint Hazards

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

Household Tenure

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).

Homeownership levels are lowest in the Old North End and downtown neighborhoods (census tracts (C.T.) 3, 4, 5, 6 and 10). Most City neighborhoods saw homeownership rates holding even or increasing in the last decade; some, however, saw decreases. See Map of Burlington Homeownership Rates and Homeownership Trends Map. Burlington homeownership trends

You can also view this information in table format.

Tenure Type, Household Type and Bedroom Mix

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.

Burlington homeowners by household type

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:

Rental Vacancy Rates

After seven years of historically low vacancy rates, an extremely tight rental market is finally beginning to loosen up. [1]  However, the rental market has yet to reach a "balanced" vacancy rate – which, according to most experts, is between 3% and 5%.

Housing Costs

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.

 

Median home price trend

You can also view this information in table format.

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.

Median home price by town

You can also view this information in table format.

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:

Cost Burden

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[2] 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 Housing Conditions

“Substandard” conditions are defined by ordinance[3] 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,[4] 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.

 


[1] Data cited here are from the December 2002 Allen & Brooks Report.  The Allen & Brooks Report is a definitive housing market analysis prepared every six months by a private sector real estate consulting firm.   

[2]  Both Maximum Affordable Rent and Fair Market Rent are inclusive of all utilities, except cable television and telephone.

[3] Section 18-19(d) of the City Code of Ordinances.

[4]  The City’s Code Enforcement Office conducts around 1,000 routine minimum housing inspections a year, and around 1,000 complaint-based inspections.

 

 

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Page last updated May 13, 2003

 

Burlington City Hall, 149 Church Street, Burlington, Vermont 05401 2007 City of Burlington, Vermont