Income needed to buy a home
Rutland County, VT
$114,942
a year in household income to buy the typical Rutland County home with 10% down.
The monthly math
Typical home value$316,375
Down payment (10%)$31,638
Loan$284,738
Principal and interest (7.40%)$1,971/mo
Property tax (1.65% a year)$434/mo
Homeowners insurance (estimate)$158/mo
Mortgage insurance$119/mo
Total monthly cost$2,682/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 $68,616 a year, 60% of what it takes.
In Vermont
Rutland County ranks #4 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 |
| Orange County | $335,087 | $120,400 |
| Franklin County | $367,781 | $130,466 |
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.