The 05748 ZIP Code is primarily associated with Hancock, VT in Addison County in the United States. The current population estimate is 337. About 86.6% of residents in this Vermont region have a high school degree or higher, while the per capita income is estimated at $25,333. Median househould income in this region is $53,750, while about 10% of the population lives below the poverty line.
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The median household income in ZIP Code 05748 is $53,750, while the region's mean household income is $56,024. Breaking income down further, per capita income in the region is $25,333. The per capita income in ZIP Code 05748 of $25,333 is approximately 26.73% less than the per capita income in the U.S. overall of $34,577. An estimated 10.3% of the population is living below the poverty line in this region. This rate is approximately8.42% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 24.7% of the population in 05748 earn $50,000 to $74,999 per year, while an estimated 17.3% earn $75,000 to $99,999 per year, and 0.0% of 05748 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 10.0% |
| $10,000 to $14,999 per year | 2.0% |
| $15,000 to $24,999 per year | 2.7% |
| $25,000 to $34,999 per year | 16.0% |
| $35,000 to $49,999 per year | 16.0% |
| $50,000 to $74,999 per year | 24.7% |
| $75,000 to $99,999 per year | 17.3% |
| $100,000 to $149,999 per year | 11.3% |
| $150,000 to $199,999 per year | 0.0% |
| $200,000 or more per year | 0.0% |
In ZIP Code 05748, 86.6% of the population graduated high school, while 27.7% have a bachelor's degree or higher. In this region, 5.1% achieved an education level less than 9th grade, while 7.1% hold a graduate or professional degree. Approximately 37.9% in this Addison County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 5.1% |
| 9th to 12th grade, no diploma | 8.3% |
| High school graduate (includes equivalency) | 37.9% |
| Some college, no degree | 14.2% |
| Associate's degree | 6.7% |
| Bachelor's degree | 20.6% |
| Graduate or professional degree | 7.1% |
Looking at race in the population that makes up ZIP Code 05748, 97.3% is one race, while 2.7% are two or more races. Approximately 1.8% of 05748 residents are hispanic or Latino (of any race). The most common race in 05748 (race alone or in combination with one or more other races), is White (93.2%), followed by Some other race (6.2%) .
| Industry | Percent |
|---|---|
| White | 93.2% |
| Black or African American | 0.0% |
| American Indian and Alaska Native | 2.7% |
| Asian | 0.6% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 6.2% |
In ZIP Code 05748, 98.2% of the population lists "English only" as the language spoken in home, while 0.9% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 0.3% of homes, and other Indo-European languages are spoken in 0.6% of homes. Lastly, 0.0% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Addison County region.
| Language Spoken | Percent |
|---|---|
| English only | 98.2% |
| Spanish | 0.9% |
| Other Indo-European languages | 0.3% |
| Asian and Pacific Islander languages | 0.6% |
| Other languages | 0.0% |
Regarding the age of homes in ZIP Code 05748, an estimated 36.5% of homes were built in 1939 or earlier. Additionally, 17.8% of homes in the region were built between 1980 and 1989, while an estimated 0.5% of homes were built between 1940 and 1949 in this Addison County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.9% |
| Built between 2010 and 2013 | 0.5% |
| Built between 2000 and 2009 | 9.6% |
| Built between 1990 and 1999 | 12.0% |
| Built between 1980 and 1989 | 17.8% |
| Built between 1970 and 1979 | 10.6% |
| Built between 1960 and 1969 | 6.3% |
| Built between 1950 and 1959 | 4.3% |
| Built between 1940 and 1949 | 0.5% |
| Built in 1939 or earlier | 36.5% |
Residents of ZIP Code 05748 are older than average. The median age of 50.1 years in ZIP Code 05748 is approximately 31.5% higher than the overall median age in the U.S. of 38.1 years. About 78.6% of residents are aged 18 years and older, and 33.5% of residents are 62 years and over. Approximately 20.8% of the population in 05748 falls in the age group 65 to 74 years, while an estimated 14.8% are aged 45 to 54 years. On the low end of the scale, 0.0% of 05748 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 3.0% |
| 5 to 9 years | 10.1% |
| 10 to 14 years | 5.0% |
| 15 to 19 years | 3.3% |
| 20 to 24 years | 3.6% |
| 25 to 34 years | 11.3% |
| 35 to 44 years | 8.0% |
| 45 to 54 years | 14.8% |
| 55 to 59 years | 3.9% |
| 60 to 64 years | 7.7% |
| 65 to 74 years | 20.8% |
| 75 to 84 years | 8.6% |
| 85 years and over | 0.0% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 05748 is current access to health insurance, as an estimated 93.8% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 05748 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 93.8% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 05748 has an average daily solar radiation level of 4.54 kWh/m2/day. This is approximately 10.19% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 31.11% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 05748 | 16.88¢/kWh | 13.63¢/kWh | 9.5¢/kWh |
| Vermont | 22.62¢/kWh | 18.2¢/kWh | 11.57¢/kWh |
| United States | 16.63¢/kWh | 13.39¢/kWh | 8.72¢/kWh |
| Month | ZIP Code 05748 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.38 | 1.9 | 5.84 |
| Feb | 4.4 | 3 | 6.31 |
| Mar | 5.15 | 3.65 | 7.02 |
| Apr | 5.45 | 5.13 | 7.3 |
| May | 4.98 | 5.17 | 7.13 |
| Jun | 5.31 | 5.72 | 6.95 |
| Jul | 5.69 | 6.22 | 6.51 |
| Aug | 5.52 | 6.08 | 6.65 |
| Sep | 5.24 | 5.15 | 7.02 |
| Oct | 3.64 | 3.32 | 6.92 |
| Nov | 3.17 | 2.33 | 5.99 |
| Dec | 2.55 | 1.78 | 5.46 |
In 05748, 55.3% of the population is in the labor force. Recent estimates place 7.0% as working from home, while the total labor force in the region has a mean travel to time to work of 25.1 minutes. Approximately 20.8% of the employed population 16 years and over in 05748 work in manufacturing, while an estimated 16.0% work in retail trade. On the lower end of the scale, just 0.0% of 05748 workers 16 years and over work in public administration.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 11.1% |
| Construction | 9.0% |
| Manufacturing | 20.8% |
| Wholesale trade | 0.7% |
| Retail trade | 16.0% |
| Transportation and warehousing, and utilities | 4.2% |
| Information | 1.4% |
| Finance and insurance, and real estate and rental and leasing | 3.5% |
| Professional, scientific, management, and administrative | 5.6% |
| Educational services, and health care and social assistance | 13.9% |
| Arts, entertainment, and recreation, and accommodation and food services | 4.9% |
| Other services, except public administration | 9.0% |
| Public administration | 0.0% |