Housing Insights for ZIP Code 05842 (Greensboro Bend, VT)

Housing Summary for ZIP Code 05842

Homeowners

The median home value in ZIP Code 05842 (Greensboro Bend, VT) is $141,100. Approximately 85.6% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 2.6%.

The average occupancy of owner-occupied units in ZIP Code 05842 is 2.57 occupants, while owner-occupied units have an aggregate average size of 2.75 bedrooms per housing unit.

Renters

In the 05842 ZIP Code, an estimated 14.4% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 3.16 occupants, while renters in this Orleans County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 05842

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 05842.

ZIP 05842 Vermont U.S.
Median Home Value $141,100 $406,730 $356,002
Owner-Occupied Housing Units 85.6% 70.8% 64.0%
Homeowner Vacancy Rate 2.6% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.57 2.41 2.70
Average # of Bedrooms Per Unit 2.75 2.67 2.75
Median Housing Rent $0 $985 $1,062
Renter-Occupied Housing Units 14.4% 29.2% 36.0%
Rental Vacancy Rate 0.0% 4.2% 6.0%
Average Size of Renter-Occupied Unit 3.16 2.04 2.49
Percent of Income Spent on Rent 0% 30.29% 29.83%

Home Values in ZIP Code 05842 (Greensboro Bend, VT)

The median home value in ZIP Code 05842 is $141,100. That median value is about 38% lower than the median home value of $227,700 in Vermont overall, and is 35% lower than the $217,500 the median home value in the entire U.S. In ZIP Code 05842, approximately 31.5% of homes are valued $100,000 to $149,999. That is 156% higher than in Vermont, in which 12.3% of homes are valued at $100,000 to $149,999, and is about 137% higher than in the U.S. overall (13.3% of homes valued at $100,000 to $149,999). The home value range that the smallest portion of ZIP Code 05842 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 05842

This chart visualizes the breakdown of home values in ZIP Code 05842, Vermont, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 05842 vs. home values in both the state of Vermont and in the U.S. overall.

Home Values in ZIP Code 05842

See the table below for a regional comparison of home values in ZIP Code 05842.

Home Value ZIP 05842 Vermont U.S.
Less than $50,000 12.0% 4.3% 6.9%
$50,000 to $99,999 12.0% 6.7% 12.0%
$100,000 to $149,999 31.5% 12.3% 13.3%
$150,000 to $199,999 22.8% 18.1% 14.0%
$200,000 to $299,999 9.8% 28.6% 19.6%
$300,000 to $499,999 7.1% 22.2% 19.3%
$500,000 to $999,999 4.9% 6.6% 11.4%
$1,000,000 or more 0.0% 1.2% 3.4%

Home Ages in ZIP Code 05842 (Greensboro Bend, VT)

Approximately 29.3% of homes in this Greensboro Bend, VT region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 05842 is about 14% higher than percentage of homes built in this time period in Vermont overall (25.6% of homes), and is 133% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 17.2% of local homes were built in 1970 to 1979. On the other end of the scale, just 0.0% of homes in this Orleans County ZIP Code were built in 1940 to 1949 in ZIP Code 05842. In comparison, 3.1% of homes in Vermont overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 05842

A detailed regional comparison of home ages in ZIP Code 05842.

Year Built ZIP 05842 Vermont U.S.
2014 or later 3.7% 1.5% 2.5%
2010 to 2013 5.9% 2.1% 2.7%
2000 to 2009 11.7% 11.2% 14.0%
1990 to 1999 15.4% 10.9% 13.9%
1980 to 1989 7.3% 15.5% 13.4%
1970 to 1979 17.2% 15.5% 15.2%
1960 to 1969 5.9% 8.4% 10.6%
1950 to 1959 3.7% 6.1% 10.3%
1940 to 1949 0.0% 3.1% 4.9%
1939 or earlier 29.3% 25.6% 12.6%

Age of Homes in ZIP Code 05842

See the chart below for details on the age of homes in ZIP Code 05842, Vermont, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 05842

Frequently asked questions about housing in this Greensboro Bend, VT ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 05842.

1

What is the average home value ZIP Code 05842?

The median home value in ZIP Code 05842 (Greensboro Bend, VT) is $141,100.
2

Are homes expensive in ZIP Code 05842?

The median home value in 05842 ($141,100) is an estimated 38% lower than the aggregate median value of $227,700 in Vermont, and is 35% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 05842?

The vacacy rate for owner-occupied housing in ZIP Code 05842 is 2.6%. This rate is 53% higher than the overall Vermont owner-occupied vacancy rate of 1.7%. Additionally, the 05842 vacancy rate is 63% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 05842 have older homes or newer construction?

In ZIP Code 05842, about 29.3% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 17.2% of homes in the region were built in 1970 to 1979. In contrast, 0.0% of homes in 05842 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 05842? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 05842 than renter-occupied housing. Owner-occupied units make up 85.6% of housing, compared to 14.4% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 05842?

The vacacy rate for rental units in ZIP Code 05842 is 0.0%. This rate is 100% lower than the overall Vermont vacancy rate of 4.2%. Additionally, the 05842 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.