Burlington, VT — income, home value, property tax, and sales tax.
In Burlington's 05401 ZIP code, a median home value of $492,100 meets an effective county property tax rate of 1.51%, yielding an annual bill of roughly $7,400. With median household income at $65,657, that levy alone absorbs about 11% of earnings before mortgage principal and interest enter the picture. Per-capita income of $40,162 underscores how stretched many individual earners are. Add a 7.00% combined sales tax on everyday purchases, and the squeeze tightens further. Owning here demands far more than the headline income figure implies, since housing costs claim a share of earnings well above what most budgets comfortably allow.
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