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Buying a home in North Clarendon, Vermont

The typical owner-occupied home in North Clarendon is worth about $163,000, 49% below the Vermont median of $316,600 and 51% below the national median of $332,700. Owners pay a median $3,422 a year in property taxes, about 2.10% of their home's value, higher than the Vermont rate of 1.59%. The median household earns $44,750 a year, so the median home costs 3.6 times the median income (3.9 times for Vermont). 66% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.

North Clarendon at a glance

North Clarendon Vermont U.S.
Median home value $163,000 $316,600 $332,700
Median property tax paid per year $3,422 $5,039 $3,119
Property tax as a share of value 2.10% 1.59% 0.94%
Median household income $44,750 $81,203 $80,734
Homes lived in by their owners 66% 73% 65%
Owner homes with a mortgage 36% 60% 61%
Median monthly costs, owners with a mortgage $1,313 $1,907 $1,963
Those costs as a share of the owners' income 15.0% 21.7% 21.0%
Median rent $785 $1,234 $1,413
Rent as a share of renters' income 31.7% 29.4% 30.6%
Median year homes were built 1959 1976 1980
Vacant homes 0.0% 19.4% 10.1%
Population 297 647,106 334,922,499

What a typical home costs per month in North Clarendon

At this week's average 30-year rate of 7.11%, buying the median North Clarendon home of $163,000 with 20% down costs about $1,230 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,502, 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 $52,731 for the 20%-down payment. That payment is 33% of the median North Clarendon household income of $44,750; at that income and 20% down, the 28% guideline points to a home of about $138,000.

The median rent here is $785 a month, so owning the median home costs about $445 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$32,600
Loan amount$130,400
Principal and interest$877
Property taxes (2.10% a year)$285
Homeowners insurance (our estimate, 0.5% a year)$68
PMI$0
Total per month$1,230

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3.5% down, 30-year FHA loan
Down payment$5,705
Loan amount$160,048
Principal and interest$1,077
Property taxes (2.10% a year)$285
Homeowners insurance (our estimate, 0.5% a year)$68
FHA mortgage insurance$72
Total per month$1,502

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Questions about home buying in North Clarendon

What is the median home value in North Clarendon?

About $163,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in North Clarendon?

Homeowners pay a median $3,422 a year, which is about 2.10% 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 North Clarendon?

For the median home with 20% down at 7.11%, the payment is about $1,230 a month. Keeping that under 28% of gross income takes about $52,731 a year.

More about North Clarendon

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