The typical owner-occupied home in Shelburne is worth about $553,200, 75% above the Vermont median of $316,600 and 66% above the national median of $332,700. Owners pay a median $7,231 a year in property taxes, about 1.31% of their home's value, lower than the Vermont rate of 1.59%. The median household earns $109,583 a year, so the median home costs 5.0 times the median income (3.9 times for Vermont). 65% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Shelburne at a glance
| Shelburne | Vermont | U.S. | |
|---|---|---|---|
| Median home value | $553,200 | $316,600 | $332,700 |
| Median property tax paid per year | $7,231 | $5,039 | $3,119 |
| Property tax as a share of value | 1.31% | 1.59% | 0.94% |
| Median household income | $109,583 | $81,203 | $80,734 |
| Homes lived in by their owners | 65% | 73% | 65% |
| Owner homes with a mortgage | 66% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $2,501 | $1,907 | $1,963 |
| Those costs as a share of the owners' income | 21.2% | 21.7% | 21.0% |
| Median rent | $1,439 | $1,234 | $1,413 |
| Rent as a share of renters' income | 29.0% | 29.4% | 30.6% |
| Median year homes were built | 1988 | 1976 | 1980 |
| Vacant homes | 10.2% | 19.4% | 10.1% |
| Population | 6,499 | 647,106 | 334,922,499 |
What a typical home costs per month in Shelburne
At this week's average 30-year rate of 7.11%, buying the median Shelburne home of $553,200 with 20% down costs about $3,812 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,733, 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 $163,352 for the 20%-down payment. That payment is 42% of the median Shelburne household income of $109,583; at that income and 20% down, the 28% guideline points to a home of about $371,000.
The median rent here is $1,439 a month, so owning the median home costs about $2,373 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $110,640 |
|---|---|
| Loan amount | $442,560 |
| Principal and interest | $2,977 |
| Property taxes (1.31% a year) | $604 |
| Homeowners insurance (our estimate, 0.5% a year) | $230 |
| PMI | $0 |
| Total per month | $3,812 |
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| Down payment | $19,362 |
|---|---|
| Loan amount | $543,180 |
| Principal and interest | $3,654 |
| Property taxes (1.31% a year) | $604 |
| Homeowners insurance (our estimate, 0.5% a year) | $230 |
| FHA mortgage insurance | $245 |
| Total per month | $4,733 |
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Questions about home buying in Shelburne
What is the median home value in Shelburne?
About $553,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Shelburne?
Homeowners pay a median $7,231 a year, which is about 1.31% 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 Shelburne?
For the median home with 20% down at 7.11%, the payment is about $3,812 a month. Keeping that under 28% of gross income takes about $163,352 a year.
More about Shelburne
- Mortgage Refinance in Shelburne
- Debt Relief in Shelburne
- Home Equity Loans in Shelburne
- 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