ZIP 05401 - 860Z200US05401 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 05401, located in Burlington, Vermont, this demographic and housing snapshot offers a clear picture of the area in 2023. With a vibrant population, diverse housing options, and a unique economic profile, this ZIP code presents distinct opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the data to help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 05401 is home to a population of 31,676 residents, making it a moderately sized community with a dynamic urban feel. This area supports 13,361 households, reflecting a mix of families, singles, and students, given Burlington’s status as a college town. The total number of housing units stands at 13,898, indicating a slight surplus of available properties relative to occupied households. This could suggest opportunities for buyers or renters seeking options in a competitive market.

Income & Housing Costs

The median household income in ZIP 05401 is $60,532, which aligns with a middle-income community but may feel stretched given the area’s housing costs. The median house value is notably high at $463,300, reflecting Burlington’s appeal as a desirable place to live with proximity to Lake Champlain and a strong local economy. For renters, the median rent is $1,614 per month, which is significant and points to a tight rental market. These figures suggest that while ZIP 05401 offers a high quality of life, affordability could be a concern for some prospective residents or investors looking for lower entry points.

Race & Ethnicity

The demographic makeup of ZIP 05401 shows a predominantly white population at 83.76%, with smaller but notable representation from other groups. Black residents account for 3.7% of the population, Asian residents make up 4.23%, and Hispanic or Latino individuals represent 3.57%. This composition reflects a community with moderate diversity, which may appeal to those seeking a blend of cultural perspectives while still being rooted in a largely homogeneous setting. For businesses and investors, this demographic profile can inform marketing strategies or community engagement efforts.

Key Facts

• Total population: 31,676 residents, offering a sizable community for engagement or customer base.
• Total households: 13,361, indicating a strong residential presence.
• Total housing units: 13,898, with a small surplus suggesting potential availability.
• Median household income: $60,532, reflecting a middle-income earning capacity.
• Median house value: $463,300, pointing to a premium real estate market.
• Median rent: $1,614, highlighting a competitive rental landscape.
• Racial composition: 83.76% white, with smaller percentages of Black, Asian, and Hispanic residents.

What This Means for You

For homebuyers, ZIP 05401 offers a vibrant community with a high quality of life, but the median house value of $463,300 and rent of $1,614 signal the need for careful budgeting. First-time buyers might explore nearby areas or consider fixer-uppers to enter this market. Real estate investors and agents will find a stable, in-demand market with a slight surplus of housing units, which could mean opportunities for rentals or flips, though high entry costs require strategic planning. Small-business owners can tap into a population of over 31,000 with a decent median income, ideal for targeting middle-income consumers, especially in sectors like retail or services near university areas. Analysts can use this data to benchmark ZIP 05401 against other regions, noting its unique blend of urban appeal and affordability challenges. Across all groups, understanding these metrics helps tailor decisions to the realities of this Burlington ZIP code.

Run This Study Yourself

• Curious about diving deeper into ZIP 05401 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make data-driven decisions, whether you’re buying a home, investing, or planning a business venture.