The typical owner-occupied home in West Pawlet is worth about $156,000, 51% below the Vermont median of $316,600 and 53% below the national median of $332,700. Owners pay a median $1,974 a year in property taxes, about 1.27% of their home's value, lower than the Vermont rate of 1.59%. 85% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.
West Pawlet at a glance
| West Pawlet | Vermont | U.S. | |
|---|---|---|---|
| Median home value | $156,000 | $316,600 | $332,700 |
| Median property tax paid per year | $1,974 | $5,039 | $3,119 |
| Property tax as a share of value | 1.27% | 1.59% | 0.94% |
| Median household income | – | $81,203 | $80,734 |
| Homes lived in by their owners | 85% | 73% | 65% |
| Owner homes with a mortgage | 33% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,781 | $1,907 | $1,963 |
| Those costs as a share of the owners' income | 27.0% | 21.7% | 21.0% |
| Median rent | $950 | $1,234 | $1,413 |
| Rent as a share of renters' income | 32.5% | 29.4% | 30.6% |
| Median year homes were built | 1938 | 1976 | 1980 |
| Vacant homes | 24.3% | 19.4% | 10.1% |
| Population | 368 | 647,106 | 334,922,499 |
What a typical home costs per month in West Pawlet
At this week's average 30-year rate of 7.11%, buying the median West Pawlet home of $156,000 with 20% down costs about $1,070 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,330, 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 $45,842 for the 20%-down payment.
The median rent here is $950 a month, so owning the median home costs about $120 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $31,200 |
|---|---|
| Loan amount | $124,800 |
| Principal and interest | $840 |
| Property taxes (1.27% a year) | $165 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| PMI | $0 |
| Total per month | $1,070 |
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| Down payment | $5,460 |
|---|---|
| Loan amount | $153,174 |
| Principal and interest | $1,030 |
| Property taxes (1.27% a year) | $165 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| FHA mortgage insurance | $69 |
| Total per month | $1,330 |
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Questions about home buying in West Pawlet
What is the median home value in West Pawlet?
About $156,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in West Pawlet?
Homeowners pay a median $1,974 a year, which is about 1.27% 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 West Pawlet?
For the median home with 20% down at 7.11%, the payment is about $1,070 a month. Keeping that under 28% of gross income takes about $45,842 a year.
More about West Pawlet
- Mortgage Refinance in West Pawlet
- Debt Relief in West Pawlet
- Home Equity Loans in West Pawlet
- 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