The New England Public Policy Center published a report this month that shows Vermont's housing is some of the least affordable of all New England states.
Specifically, "young professionals" — 25- to 39-year-olds, out of school, holding bachelor degrees or higher — have a harder time affording housing in Vermont than in any other New England state.
In that category, Vermonters' ratio of annual household income to income needed to afford median-priced housing is 1.28. The other New England states' range from 1.29 (Rhode Island) to 1.59 (Maine).
The national ratio is 1.58.
The findings are contained in the center's "The Housing Bust and Housing Affordability" report. Read the report online.
The center was established by the Federal Reserve Bank of Boston in January 2005 to promote better public policy in New England by conducting research and analysis of regional economic and policy issues.