Greater Burlington area among most expensive housing markets in the U.S.

By: Leslie Black-Plumeau

For workers in certain industries, especially tourism and service jobs, the cost of renting or buying a home in the Burlington metropolitan area is out of reach given average wages paid in these fields.

According to the Center for Housing Policy’s “Paycheck to Paycheck, 2013” report released yesterday, Burlington is the 21st most expensive rental market among 207 metropolitan areas studied. For homeowners, the Burlington area ranked 42nd most expensive.

Check out today’s Rutland Herald article (subscription required) for local responses to the report.