An estimated 14,400 Vermont workers (4.8 percent) commute an hour or longer, according to a recent Census Bureau study of people who worked outside the home in 2011. Every New England state had a higher prevalence of long commutes than Vermont. Nationwide, 8.1 percent of workers commuted this long.
Data and Statistics
Vermont home sales rebounded in 2012
After a trough in 2009, volumes and median prices of primary homes in Vermont are on an upswing. The median sales price jumped two percent in 2012 to $199,000, according to VHFA’s analysis of VT property transfer tax records processed by December 31, 2012. This is almost as high as the state's peak of $200,000 in 2007 and 2008.
Task force calls for comprehensive and rapid weatherization of Vermont buildings
Investing in thermal efficiency improvements—primarily air sealing, insulation, and heating system replacements—can dramatically reduce a home’s heating energy use. An estimated 62,000 single and multi-family homes in Vermont will require energy efficient improvements by 2020, according to the state’s recent
Vermont leads New England by key economic recovery measures
Vermont’s economic performance coming out of the recession is among the best, if not the best, in New England, Fed economist Robert Clifford explained at a Lake Champlain Region Chamber of Commerce breakfast yesterday. Clifford identified the state’s steady job growth and much “healthier” housing market as key drivers of this success.
Housing cost burden identified as most pressing housing need in South Burlington
An estimated 1,000 households living in South Burlington pay more than half of their incomes for housing, according to VHFA’s recently completed housing needs assessment for the City of South Burlington. Nearly 600 of these households are renter households, while the other 400 households own their homes.