Cost of Living in Addison County, Vermont

$1,201/mo

Median Monthly Rent

$333,700

Median Home Value

8% above state averageUnaffordable

At a Glance

Median Monthly Rent

$1,201/mo

8% above state average

Median Home Value

$333,700

18% above national

Rent-to-Income Ratio

28.0%

% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating

Unaffordable

Rent over 50% of income

How Addison County Compares

Median monthly rent comparison

Addison County$1,201/mo

Vermont Average$1,117/mo

National Median$1,163/mo

Detailed Housing Stats

$1,201/mo

Median Gross Rent

$333,700

Median Home Value

$1,485/mo

Monthly Owner Cost

28.0%

Rent-to-Income Ratio

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.

Affordability Calculator

See how your income compares to housing costs in Addison County

Your Annual Household Income

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

Your rent-to-income ratio16.3%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Addison County, Vermont?

Addison County, Vermont has a median monthly rent of $1,201/mo and a median home value of $333,700. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.

What is the median rent in Addison County?

The median gross rent in Addison County is $1,201/mo. This is 8% above state average for Vermont.

Is Addison County affordable?

Addison County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Addison County's rent compare to the state average?

Addison County's median rent of $1,201/mo is 8% above state average of $1,117/mo for Vermont.

What is the median home value in Addison County?

The median home value in Addison County, Vermont is $333,700. This is 18% above the national median home value of $281,900.