How many people live in subsidized housing in Addison County, VT?
Data updated August 21, 2024
About 544 people in 2023, or about 1.6 people per unit. Subsidized housing options vary by location, ranging from high-rise or garden-style apartments to single-family dwellings, duplexes, and more. On average, residents in 2023 had lived in their units for nine years and five months.
Showing data for
In 2023
544
people lived in subsidized housing in Addison County, VT
In 2023
1.4%
of the Addison County, VT population lived in subsidized housing
Federally subsidized rental housing began with 1937’s US Housing Act, which created the United States Housing Authority and provided financial assistance to state and local governments for housing low-income people. Since then, the government has provided housing assistance to low-income renters through programs overseen by the US Department of Housing and Urban Development (HUD).
In Addison County, 1.4% of people live in subsidized housing versus the Vermont average of 3.3%.
Share of population living in subsidized housing in 2023, by county
People who live in subsidized housing share one thing: incomes low enough to qualify for housing assistance. In Addison County, VT, HUD classified 96% of households in subsidized housing as very low income and 73% as extremely low income. The average household in subsidized housing earned $17,662 in annual income. Across all subsidized housing, 67% of households earned less than $20,000.
38% of households with subsidies earned $10K–$15K in annual income.
Addison County, VT, 2023
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Renters in subsidized housing in Addison County, VT, earned income from different sources. Welfare was the main income source for 6% of households. According to HUD and the Census Bureau, “welfare” includes the Temporary Assistance for Needy Families (TANF) program, general assistance, or emergency assistance payments. Another 14% of households earned the majority of their income through wages, salaries, and business income. Finally, for 78% of households living in subsidized housing, the majority of income came from other sources, a broad category that includes Social Security payments; insurance benefits; pensions; interest or dividends; and payments in lieu of salary like worker’s compensation, severance, unemployment, or disability. The remaining 2% was unaccounted for in the data.
Welfare assistance programs were the primary source of income for 6% of households in subsidized housing.
Addison County, VT, 2023
Households living in subsidized housing contribute to their rent. In 2023, households living in subsidized housing paid average monthly rent of $427, which translates to an average of $5,124 per year, or 29% of the average household’s annual income. HUD contributed $875 per household per month, on average.