Housing market/Vermont/ZIP 05661

ACS 2023 · FY2027 SAFMR

ZIP 05661 Morrisville, Lamoille County, Vermont

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

Population
6,114
Households
3,001
Median HH income
$65,057
Renter share
34.8%
Median gross rent
$1,176
Vacancy
8.4%
Pop. change
+4.8%
2BR SAFMR
$1,580
SAFMR / rent
1.344×
2–49 unit stock
891
LIHTC proj / units
5 / 79
HUD assisted MF
2 / 63

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 05661 · VT — sent to you.

ZIP 05661 · VT

ACS median rent$1,176
2BR SAFMR$1,580
90% floor$1,422
110% ceiling$1,738

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

Housing stock

ACS 2023 units-in-structure · ZCTA 05661

  • 1-unit detached2,05362.7%
  • 1-unit attached862.6%
  • 2–4 units64319.6%
  • 5–49 units2487.6%
  • Mobile2467.5%
TypeUnitsShare
1-unit detached2,05362.7%
1-unit attached862.6%
2 units (duplex)36311.1%
3–4 units2808.5%
5–9 units1344.1%
10–19 units471.4%
20–49 units672.0%
50+ units00.0%
Mobile2467.5%

2–4 unit share 19.6% · 5–49 unit share 7.6% · combined 2–49 27.2%.

Units by bedrooms

Studio
58
1BR
561
2BR
947
3BR
1,028
4BR
640
5+
42

Rent burden

Rent ≥30% of income41.0%
Rent ≥50% of income19.2%
  • ACS median gross rent $1,176 (all bedrooms, occupied rentals).
  • Median contract rent $1,079.
  • Renters paying ≥30% of income 41.0%; ≥50% 19.2%.
  • FY2027 2BR SAFMR $1,580 (1.344× ACS median gross rent).

Population

6,114 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.8%.

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

Assisted inventory

  • LIHTC: 5 projects, 79 units.
  • HUD project-based assisted MF: 2 properties, 63 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 73 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 05661 34.8% of occupied households are renters; vacancy is 8.4%; ACS median gross rent is $1,176; population increased +4.8% between the 2018 and 2023 ACS vintages; the housing stock includes 643 units in 2–4-unit structures and 248 units in 5–49-unit structures; 5 LIHTC projects totaling 79 units; FY2027 2BR SAFMR is $1,580 versus ACS median gross rent of $1,176. 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 05661 is a Census / HUD profile for Lamoille County, 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 05661?

ZIP 05661 (Lamoille County, VT) has 6,114 residents, 3,001 households, a renter share of 34.8%, median household income of $65,057, and ACS 2023 median gross rent of $1,176. Vacancy is 8.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 05661?

ACS counts 363 units in 2-unit buildings, 280 in 3–4 unit buildings, 134 in 5–9, 47 in 10–19, and 67 in 20–49. Combined 2–49 unit stock is 891 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 05661?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,580. See the full schedule and 90–110% payment-standard band on the ZIP 05661 — Morrisville, VT HUD Section 8 Payment Standards / SAFMR.

Does this Vermont ZIP profile include Georgia listings?

No. ZIP 05661 is Census / HUD research for Lamoille County, VT. 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.