Burlington, VT Real Estate
According to census data in the year 2000 there were 16,395 housing units in Burlington.
This represents a 5.9% growth from 15,480 in 1990.
Of those housing units, 16,371 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.
Homeownership rate in Burlington is about 41.5%.
Burlington's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in Burlington were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.60% |
| One Bedroom | 21.50% |
| Two Bedrooms | 33.10% |
| Three Bedrooms | 27% |
| Four Bedrooms | 11.20% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $131,200 |
| Median Price asked for vacant units | $127,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $603 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.30% |
| Home Equity Loan | 9.60% |
| Simple Mortgage | 54.70% |
| Debt Free | 31.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
