The typical owner-occupied home in Dorset is worth about $545,600, 72% above the Vermont median of $316,600 and 64% above the national median of $332,700. Owners pay a median $6,075 a year in property taxes, about 1.11% of their home's value, lower than the Vermont rate of 1.59%. The median household earns $151,087 a year, so the median home costs 3.6 times the median income (3.9 times for Vermont). 96% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
Dorset at a glance
| Dorset | Vermont | U.S. | |
|---|---|---|---|
| Median home value | $545,600 | $316,600 | $332,700 |
| Median property tax paid per year | $6,075 | $5,039 | $3,119 |
| Property tax as a share of value | 1.11% | 1.59% | 0.94% |
| Median household income | $151,087 | $81,203 | $80,734 |
| Homes lived in by their owners | 96% | 73% | 65% |
| Owner homes with a mortgage | 48% | 60% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,907 | $1,963 |
| Those costs as a share of the owners' income | 25.8% | 21.7% | 21.0% |
| Median rent | – | $1,234 | $1,413 |
| Median year homes were built | 1938 | 1976 | 1980 |
| Vacant homes | 55.6% | 19.4% | 10.1% |
| Population | 310 | 647,106 | 334,922,499 |
What a typical home costs per month in Dorset
At this week's average 30-year rate of 7.11%, buying the median Dorset home of $545,600 with 20% down costs about $3,668 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,577, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $157,210 for the 20%-down payment. That payment is 29% of the median Dorset household income of $151,087; at that income and 20% down, the 28% guideline points to a home of about $524,000.
| Down payment | $109,120 |
|---|---|
| Loan amount | $436,480 |
| Principal and interest | $2,936 |
| Property taxes (1.11% a year) | $505 |
| Homeowners insurance (our estimate, 0.5% a year) | $227 |
| PMI | $0 |
| Total per month | $3,668 |
Change the numbers in the calculator
| Down payment | $19,096 |
|---|---|
| Loan amount | $535,718 |
| Principal and interest | $3,604 |
| Property taxes (1.11% a year) | $505 |
| Homeowners insurance (our estimate, 0.5% a year) | $227 |
| FHA mortgage insurance | $241 |
| Total per month | $4,577 |
Change the numbers in the calculator
Questions about home buying in Dorset
What is the median home value in Dorset?
About $545,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Dorset?
Homeowners pay a median $6,075 a year, which is about 1.11% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Dorset?
For the median home with 20% down at 7.11%, the payment is about $3,668 a month. Keeping that under 28% of gross income takes about $157,210 a year.
More about Dorset
- Mortgage Refinance in Dorset
- Debt Relief in Dorset
- Home Equity Loans in Dorset
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data