How many renters in Wolcott, VT pay more than 30% of their income on rent?
75.8% (±20.5 points) of renting households in Wolcott, VT spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
68.4% spend 35% or more.
The median renting household spends 39.8% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 75.8% (±20.5 points)
- Paying 35% or more
- 68.4% (±19.5 points)
- Median share of income
- 39.8% (±29.8 points)
Rent as a share of income in Wolcott
| Share of income spent on rent | Wolcott | Lamoille County | Vermont | United States |
|---|---|---|---|---|
| Less than 15% | 12.5% (±15.1 points) | 16.6% | 13.2% | 12.6% |
| 15% to 19.9% | 9.6% (±7.9 points) | 11.1% | 12.4% | 12.2% |
| 20% to 24.9% | 1.5% (±2.6 points) | 11.6% | 12.7% | 12.6% |
| 25% to 29.9% | 0.7% (±1.6 points) | 15.5% | 13.4% | 11.5% |
| 30% to 34.9% | 7.4% (±6.3 points) | 15.1% | 10.1% | 9.2% |
| 35% or more | 68.4% (±19.5 points) | 30.2% | 38.3% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Wolcott against Lamoille County, its state and the nation
| Wolcott | Lamoille County | Vermont | United States | |
|---|---|---|---|---|
| Paying 30% or more | 75.8% (±20.5 points) | 45.3% (±7.6 points) | 48.4% (±1.7 points) | 51.1% |
| Paying 35% or more | 68.4% (±19.5 points) | 30.2% (±5.2 points) | 38.3% (±1.4 points) | 41.9% |
| Median share of income | 39.8% (±29.8 points) | 28.5% (±1.6 points) | 29.4% (±0.6 points) | 30.6% |
| Median renter household income | $38,802 (±$12,108) | $49,932 (±$3,478) | $49,234 (±$1,333) | $52,966 |
| Median gross rent | $1,059 (±$118) | $1,160 (±$62) | $1,234 (±$18) | $1,413 |
In Wolcott, the share of renters paying 30% or more of income is higher than in Lamoille County (45.3%).
It is also higher than in Vermont (48.4%).
It is higher than the national figure (51.1%).
In Lamoille County, Wolcott ranks 1 of 10 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 14 of 239.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Wolcott
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Wolcott | — | 75.8% (±20.5 points) | — |
| Craftsbury | 5.9 mi | 29.9% (±35.1 points) | Lower |
| Hardwick | 6.1 mi | 48.6% (±41.2 points) | Not measurably different |
| Hardwick (community) | 6.6 mi | 50.0% (±45.1 points) | Not measurably different |
| Elmore | 6.7 mi | 31.8% (±71.6 points) | Not measurably different |
| Hyde Park (Lamoille County, town) | 7.0 mi | 38.8% (±23.8 points) | Lower |
| Morrisville | 7.1 mi | 49.5% (±19.3 points) | Not measurably different |
| Hyde Park (Lamoille County, village) | 8.2 mi | 42.1% (±40.7 points) | Not measurably different |
| Greensboro | 8.2 mi | 27.5% (±47.4 points) | Not measurably different |
Nearby places with a measurably lower figure: Craftsbury, VT (29.9%), Hyde Park (Lamoille County, town), VT (38.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Lamoille County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Wolcott | 75.8% (±20.5 points) |
| 2 (tie) | Belvidere | 66.6% (±54.8 points) |
| 2 (tie) | Cambridge (Lamoille County, town) | 66.6% (±15.6 points) |
| 4 | Johnson (Lamoille County, town) | 51.7% (±18.5 points) |
| 5 | Waterville | 44.6% (±27.8 points) |
| 6 | Morristown | 40.0% (±15.3 points) |
| 7 | Hyde Park (Lamoille County, town) | 38.8% (±23.8 points) |
Showing 7 of 10 places in Lamoille County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Wolcott
Are renters in Wolcott rent-burdened?
75.8% of renting households in Wolcott pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Wolcott spend on rent?
The median renting household in Wolcott, VT spends 39.8% (±29.8 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wolcott town, Lamoille County, Vermont
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Wolcott town, Lamoille County, Vermont
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Wolcott town, Lamoille County, Vermont
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Wolcott town, Lamoille County, Vermont (county subdivision:85375, in state:50 county:015).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Wolcott
- Renters and owners in Wolcott
- Income and affordability in Wolcott
- Home values in Wolcott
- Homeowner costs in Wolcott
- Property taxes in Wolcott
- Types of homes in Wolcott
- Bedrooms in Wolcott
- Age of homes in Wolcott
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- Population growth in Wolcott
- How long people stay in Wolcott
- Vermont landlord and tenant rules
- Housing across Lamoille County
- Vermont places ranked by rent burden
- Housing data for every place in Vermont