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.
This trend over time shows that Vermont has been successful at turning the curve to increase the percentage of the population with a low housing cost burden.
Updated in September, 2022
Each of the partners below may have a role to play in improving the availability of affordable housing in the state of Vermont.
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.
This data is taken from the U.S. Census American Community Survey 1-year estimates. This measure was not calculated as usual for 2020 due to interruptions in normal processes as a result of the COVID-19 pandemic.