Income needed to buy a home
Franklin County, VT
$130,466
a year in household income to buy the typical Franklin County home with 10% down.
The monthly math
Typical home value$367,781
Down payment (10%)$36,778
Loan$331,003
Principal and interest (7.40%)$2,292/mo
Property tax (1.41% a year)$431/mo
Homeowners insurance (estimate)$184/mo
Mortgage insurance$138/mo
Total monthly cost$3,044/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
Far off
The typical household here earns $81,313 a year, 62% of what it takes.
In Vermont
Franklin County ranks #6 of 14 for the income a home takes, from least to most.
Easiest to afford in Vermont
| County | Typical home | Income needed |
|---|---|---|
| Essex County | $245,241 | $87,408 |
| Orleans County | $304,080 | $108,119 |
| Caledonia County | $307,827 | $111,397 |
| Rutland County | $316,375 | $114,942 |
| Orange County | $335,087 | $120,400 |
Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.