VERMONT'S FAMILIES ARE SAFE, NURTURING, STABLE, AND SUPPORTED
% of residents spending less than 30% of income on housing
Story Behind the Curve
According to the U.S. Department of Health and Human Services Office of Disease Prevention and Health Promotion, families that have to spend a large part of their income on housing may not have enough money to pay for other essentials. Having less money available for things like healthy food, health care, and safe transportation is linked to stress, mental health problems, and an increased risk of disease.
Even as Vermont struggles with housing shortages, the data show fewer Vermont are housing cost-burdened (defined as spending more than 30% of income on housing costs) compared to a decade ago, when the state and nation were recovering from the Great Recession.
Updated in September, 2023
Each of the partners below may have a role to play in improving the availability of affordable housing in the state of Vermont.
- Governor’s Housing Council
- Agency of Human Services
- Local Housing Authorities
- Local Land Trusts
- Private Landlords
- Supportive Housing Providers
- U.S. Department of Agriculture – Rural Development
- U.S. Department of Housing and Urban Development
- Vermont Affordable Housing Coalition
- Vermont Department of Housing and Community Development
- Vermont Community Development Board
- Vermont Housing and Conservation Board
- Vermont Housing Finance Agency
- Vermont State Housing Authority
Expanding policies and programs that make housing more affordable reduces the proportion of Vermonters that are cost burdened by spending more than 30% of their income on housing.
Collaboration between public and private partners could result in significant development of more rental housing which is affordable and accessible to Vermont households earning less than 30% of area median income.
Notes on Methodology
This data is taken from the U.S. Census American Community Survey 1-year estimates, Table B25106. This measure was not calculated as usual for 2020 due to interruptions in normal processes as a result of the COVID-19 pandemic.