The typical owner-occupied home in Waitsfield is worth about $453,100, 43% above the Vermont median of $316,600 and 36% above the national median of $332,700. Owners pay a median $4,688 a year in property taxes, about 1.03% of their home's value, lower than the Vermont rate of 1.59%. The median household earns $26,384 a year, so the median home costs 17.2 times the median income (3.9 times for Vermont). 34% of occupied homes here are lived in by their owners, and 20% of those owners still have a mortgage.
Waitsfield at a glance
| Waitsfield | Vermont | U.S. | |
|---|---|---|---|
| Median home value | $453,100 | $316,600 | $332,700 |
| Median property tax paid per year | $4,688 | $5,039 | $3,119 |
| Property tax as a share of value | 1.03% | 1.59% | 0.94% |
| Median household income | $26,384 | $81,203 | $80,734 |
| Homes lived in by their owners | 34% | 73% | 65% |
| Owner homes with a mortgage | 20% | 60% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,907 | $1,963 |
| Median rent | – | $1,234 | $1,413 |
| Rent as a share of renters' income | 22.8% | 29.4% | 30.6% |
| Median year homes were built | 1975 | 1976 | 1980 |
| Vacant homes | 15.2% | 19.4% | 10.1% |
| Population | 193 | 647,106 | 334,922,499 |
What a typical home costs per month in Waitsfield
At this week's average 30-year rate of 7.11%, buying the median Waitsfield home of $453,100 with 20% down costs about $3,016 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,771, 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 $129,263 for the 20%-down payment. That payment is 137% of the median Waitsfield household income of $26,384; at that income and 20% down, the 28% guideline points to a home of about $92,000.
| Down payment | $90,620 |
|---|---|
| Loan amount | $362,480 |
| Principal and interest | $2,438 |
| Property taxes (1.03% a year) | $389 |
| Homeowners insurance (our estimate, 0.5% a year) | $189 |
| PMI | $0 |
| Total per month | $3,016 |
Change the numbers in the calculator
| Down payment | $15,858 |
|---|---|
| Loan amount | $444,893 |
| Principal and interest | $2,993 |
| Property taxes (1.03% a year) | $389 |
| Homeowners insurance (our estimate, 0.5% a year) | $189 |
| FHA mortgage insurance | $200 |
| Total per month | $3,771 |
Change the numbers in the calculator
Questions about home buying in Waitsfield
What is the median home value in Waitsfield?
About $453,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Waitsfield?
Homeowners pay a median $4,688 a year, which is about 1.03% 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 Waitsfield?
For the median home with 20% down at 7.11%, the payment is about $3,016 a month. Keeping that under 28% of gross income takes about $129,263 a year.
More about Waitsfield
- Mortgage Refinance in Waitsfield
- Debt Relief in Waitsfield
- Home Equity Loans in Waitsfield
- 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