Housing market/Vermont/ZIP 05477

ACS 2023 · FY2027 SAFMR

ZIP 05477 Richmond, Vermont

Burlington-South Burlington, VT MSA · Vermont. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
4,374
Households
1,918
Median HH income
$118,214
Renter share
22.1%
Median gross rent
$1,188
Vacancy
9.1%
Pop. change
-2.9%
2BR SAFMR
$2,320
SAFMR / rent
1.953×
2–49 unit stock
575
LIHTC proj / units
3 / 48
HUD assisted MF
1 / 15

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 05477 · VT — sent to you.

ZIP 05477 · VT

ACS median rent$1,188
2BR SAFMR$2,320
90% floor$2,088
110% ceiling$2,552

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 05477

  • 1-unit detached1,32462.7%
  • 1-unit attached633.0%
  • 2–4 units40219.0%
  • 5–49 units1738.2%
  • 50+ units90.4%
  • Mobile1406.6%
TypeUnitsShare
1-unit detached1,32462.7%
1-unit attached633.0%
2 units (duplex)31214.8%
3–4 units904.3%
5–9 units1326.3%
10–19 units331.6%
20–49 units80.4%
50+ units90.4%
Mobile1406.6%

2–4 unit share 19.0% · 5–49 unit share 8.2% · combined 2–49 27.2%.

Units by bedrooms

Studio
160
1BR
147
2BR
511
3BR
921
4BR
315
5+
57

Rent burden

Rent ≥30% of income27.8%
Rent ≥50% of income17.7%
  • ACS median gross rent $1,188 (all bedrooms, occupied rentals).
  • Median contract rent $1,024.
  • Renters paying ≥30% of income 27.8%; ≥50% 17.7%.
  • FY2027 2BR SAFMR $2,320 (1.953× ACS median gross rent).

Population

4,374 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 48 units.
  • HUD project-based assisted MF: 1 properties, 15 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 702 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 05477 22.1% of occupied households are renters; vacancy is 9.1%; ACS median gross rent is $1,188; population changed -2.9% between the 2018 and 2023 ACS vintages; the housing stock includes 402 units in 2–4-unit structures and 173 units in 5–49-unit structures; 3 LIHTC projects totaling 48 units; FY2027 2BR SAFMR is $2,320 versus ACS median gross rent of $1,188. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Vermont research

ZIP 05477 is a Census / HUD profile for Burlington-South Burlington, VT. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Vermont research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 05477?

ZIP 05477 (Burlington-South Burlington, VT MSA) has 4,374 residents, 1,918 households, a renter share of 22.1%, median household income of $118,214, and ACS 2023 median gross rent of $1,188. Vacancy is 9.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 05477?

ACS counts 312 units in 2-unit buildings, 90 in 3–4 unit buildings, 132 in 5–9, 33 in 10–19, and 8 in 20–49. Combined 2–49 unit stock is 575 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 05477?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,320. See the full schedule and 90–110% payment-standard band on the ZIP 05477 — Richmond, VT HUD Section 8 Payment Standards / SAFMR.

Does this Vermont ZIP profile include Georgia listings?

No. ZIP 05477 is Census / HUD research for Burlington-South Burlington, VT MSA. Jeff Crowe CRE does not list Vermont property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.