Cost of Living in Addison County, Vermont
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Addison County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Addison County ranks #1,219 of 3,144 counties for affordability (top 39%)
Data Story
About Cost of Living in Addison County, Vermont
Addison ranks better than most Americans
Addison County's rent-to-income ratio of 16.3% sits comfortably below the national burden threshold, meaning residents spend less of their paycheck on rent than the typical American household. With a median household income of $88,478—18% above the national average—Addison offers more breathing room in housing budgets than most U.S. counties.
Vermont's second-most affordable county
Addison stands out in Vermont with a 16.3% rent-to-income ratio, beating the state average of 17.8% and ranking it among the state's most affordable regions. Its median home value of $333,700 is slightly above the Vermont median but balanced by stronger household incomes than most neighboring counties.
Better rents, higher home prices
Addison's median rent of $1,201 is notably higher than Franklin County's $1,164 but lower than Chittenden's $1,590, positioning it in the mid-range for the region. However, homebuyers should note that Addison's median home value of $333,700 exceeds most neighbors except Chittenden, reflecting its desirable location and amenities.
How Addison's housing costs break down
Renters spend $1,201 monthly while homeowners pay $1,485, leaving most households with money left after housing. At $88,478 annual income, the typical Addison family dedicates only 16.3% to rent or mortgage, well below the 30% threshold financial advisors recommend.
Strong income, manageable housing costs
If you're relocating and prioritize affordability without sacrificing income potential, Addison County's above-average wages and below-average housing burden make it a compelling choice. Compare this profile against nearby Chittenden (pricier but stronger job market) or Caledonia (cheaper but lower incomes) to find your fit.
Cost of Living Advisory: Addison County
Affordability Verdict
Addison County is affordable for renters, with a median gross rent of $1,201/month representing approximately 16.3% of median household income. The rent burden (GRAPI) stands at 28.0%.
Rent vs. Own
At $1,201/month rent versus $1,485/month in owner costs, renting is roughly $284/month cheaper — a 19% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $48,040/year. For owner costs at the 28% rule, the required income is roughly $63,643/year. With a median household income of $88,478, most households can comfortably afford rent here. Notably, 28.0% of renter households in Addison County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Addison County sits 5% more expensive than Orange County ($1,145/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Addison County
Rent Burden
16.3%
of gross income
Max Housing (28% Rule)
$2,064
per month
Owner Cost Burden
20.1%
of gross income
The median home in Addison County may be a stretch
Median home value is $333,700. Estimated monthly cost: $2,664 vs. your max of $2,064.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in Addison County, Vermont?
What is the median rent in Addison County?
Is Addison County affordable?
How does Addison County's rent compare to the state average?
What is the median home value in Addison County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Addison County, Vermont? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Addison County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.