South Burlington, VT Real Estate
According to census data in the year 2000 there were 6,501 housing units in South Burlington.
This represents a 19.6% growth from 5,437 in 1990.
Of those housing units, 6,228 were located in either urbanized areas or urban clusters, and 273 were located in what is classified as a rural area.
Homeownership rate in South Burlington is about 68.6%.
South Burlington's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.31 people.
The majority of houses, apartments or condos in South Burlington were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 9.40% |
| Two Bedrooms | 38.30% |
| Three Bedrooms | 29.80% |
| Four Bedrooms | 19.70% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $138,600 |
| Median Price asked for vacant units | $117,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $725 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 14.80% |
| Simple Mortgage | 61.20% |
| Debt Free | 20.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.4% |
