Burlington, VT — income, home value, property tax, and sales tax.
In ZIP code 05405, which covers part of Burlington, per-capita income stands at just $4,558—a figure shaped largely by the student population attending the university here. County property taxes are levied at an effective rate of 1.51%, so a home assessed at $300,000 would carry roughly $4,530 in annual taxes, nearly matching what the average resident earns in a year. That gap makes ownership especially hard to sustain on local wages alone. Sales tax adds 7.00% to purchases, further stretching tight finances.