The typical owner-occupied home in Castleton is worth about $436,800, 38% above the Vermont median of $316,600 and 31% above the national median of $332,700. Owners pay a median $5,921 a year in property taxes, about 1.36% of their home's value, lower than the Vermont rate of 1.59%. 36% of occupied homes here are lived in by their owners, and 96% of those owners still have a mortgage.
Castleton at a glance
| Castleton | Vermont | U.S. | |
|---|---|---|---|
| Median home value | $436,800 | $316,600 | $332,700 |
| Median property tax paid per year | $5,921 | $5,039 | $3,119 |
| Property tax as a share of value | 1.36% | 1.59% | 0.94% |
| Median household income | – | $81,203 | $80,734 |
| Homes lived in by their owners | 36% | 73% | 65% |
| Owner homes with a mortgage | 96% | 60% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,907 | $1,963 |
| Median rent | $1,331 | $1,234 | $1,413 |
| Rent as a share of renters' income | 51.0% | 29.4% | 30.6% |
| Median year homes were built | 1938 | 1976 | 1980 |
| Vacant homes | 54.2% | 19.4% | 10.1% |
| Population | 1,052 | 647,106 | 334,922,499 |
What a typical home costs per month in Castleton
At this week's average 30-year rate of 7.11%, buying the median Castleton home of $436,800 with 20% down costs about $3,028 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,755, 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 $129,761 for the 20%-down payment.
The median rent here is $1,331 a month, so owning the median home costs about $1,697 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $87,360 |
|---|---|
| Loan amount | $349,440 |
| Principal and interest | $2,351 |
| Property taxes (1.36% a year) | $495 |
| Homeowners insurance (our estimate, 0.5% a year) | $182 |
| PMI | $0 |
| Total per month | $3,028 |
Change the numbers in the calculator
| Down payment | $15,288 |
|---|---|
| Loan amount | $428,888 |
| Principal and interest | $2,885 |
| Property taxes (1.36% a year) | $495 |
| Homeowners insurance (our estimate, 0.5% a year) | $182 |
| FHA mortgage insurance | $193 |
| Total per month | $3,755 |
Change the numbers in the calculator
Questions about home buying in Castleton
What is the median home value in Castleton?
About $436,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Castleton?
Homeowners pay a median $5,921 a year, which is about 1.36% 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 Castleton?
For the median home with 20% down at 7.11%, the payment is about $3,028 a month. Keeping that under 28% of gross income takes about $129,761 a year.
More about Castleton
- Mortgage Refinance in Castleton
- Debt Relief in Castleton
- Home Equity Loans in Castleton
- 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