The typical owner-occupied home in Wolcott is worth about $156,900, 50% below the Vermont median of $316,600 and 53% below the national median of $332,700. The median household earns $39,438 a year, so the median home costs 4.0 times the median income (3.9 times for Vermont). 50% of occupied homes here are lived in by their owners, and 88% of those owners still have a mortgage.
Wolcott at a glance
| Wolcott | Vermont | U.S. | |
|---|---|---|---|
| Median home value | $156,900 | $316,600 | $332,700 |
| Median property tax paid per year | – | $5,039 | $3,119 |
| Median household income | $39,438 | $81,203 | $80,734 |
| Homes lived in by their owners | 50% | 73% | 65% |
| Owner homes with a mortgage | 88% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,116 | $1,907 | $1,963 |
| Those costs as a share of the owners' income | 27.5% | 21.7% | 21.0% |
| Median rent | $1,093 | $1,234 | $1,413 |
| Rent as a share of renters' income | 37.0% | 29.4% | 30.6% |
| Median year homes were built | 1966 | 1976 | 1980 |
| Vacant homes | 24.8% | 19.4% | 10.1% |
| Population | 212 | 647,106 | 334,922,499 |
What a typical home costs per month in Wolcott
At this week's average 30-year rate of 7.11%, buying the median Wolcott home of $156,900 with 20% down costs about $1,054 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,315, 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 $45,153 for the 20%-down payment. That payment is 32% of the median Wolcott household income of $39,438; at that income and 20% down, the 28% guideline points to a home of about $137,000.
The median rent here is $1,093 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $31,380 |
|---|---|
| Loan amount | $125,520 |
| Principal and interest | $844 |
| Property taxes (1.10% a year) | $144 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| PMI | $0 |
| Total per month | $1,054 |
Change the numbers in the calculator
| Down payment | $5,492 |
|---|---|
| Loan amount | $154,058 |
| Principal and interest | $1,036 |
| Property taxes (1.10% a year) | $144 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| FHA mortgage insurance | $69 |
| Total per month | $1,315 |
Change the numbers in the calculator
Questions about home buying in Wolcott
What is the median home value in Wolcott?
About $156,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Wolcott?
For the median home with 20% down at 7.11%, the payment is about $1,054 a month. Keeping that under 28% of gross income takes about $45,153 a year.
More about Wolcott
- Mortgage Refinance in Wolcott
- Debt Relief in Wolcott
- Home Equity Loans in Wolcott
- 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