Zip Code

05602

City

Montpelier, VT

Population & Migration

What is the forecasted population for Zip code 05602 Montpelier, VT?

Population census 2020
11,724
Forecasted population 2025
12,674
8.1% vs. 2020
Forecasted population 2030
12,994
10.8% vs. 2020

Zip code 05602 Montpelier, VT population is forecasted to grow 8.1% by 2025 (3.4 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 12,674 people for 2025 zip code 05602 Montpelier, VT will generate a good demand for housing, which is expected to have a deficit of 653 houses for 2030. Vacancy rate is 3.1 points below national US average.

Total homes available 2020
6,029
Estimated total home demand in 2030
6,682
Total homes balance inventory
653

Average Household Income in zip code 05602 Montpelier, VT
from Internal Revenue Service

Average household income in 2021
$91,428

Affordability

Affordability Index
4

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 05602 Montpelier, VT?

County total number of drinking water violations

652

+188%

226

County total number of drinking water contaminations

75

+226%

23

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