The typical owner-occupied home in Townshend is worth about $247,600, 22% below the Vermont median of $316,600 and 26% below the national median of $332,700. Owners pay a median $4,632 a year in property taxes, about 1.87% of their home's value, higher than the Vermont rate of 1.59%. The median household earns $38,875 a year, so the median home costs 6.4 times the median income (3.9 times for Vermont). 49% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.
Townshend at a glance
| Townshend | Vermont | U.S. | |
|---|---|---|---|
| Median home value | $247,600 | $316,600 | $332,700 |
| Median property tax paid per year | $4,632 | $5,039 | $3,119 |
| Property tax as a share of value | 1.87% | 1.59% | 0.94% |
| Median household income | $38,875 | $81,203 | $80,734 |
| Homes lived in by their owners | 49% | 73% | 65% |
| Owner homes with a mortgage | 45% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $1,391 | $1,907 | $1,963 |
| Those costs as a share of the owners' income | 42.5% | 21.7% | 21.0% |
| Median rent | $891 | $1,234 | $1,413 |
| Rent as a share of renters' income | 43.3% | 29.4% | 30.6% |
| Median year homes were built | 2001 | 1976 | 1980 |
| Vacant homes | 8.9% | 19.4% | 10.1% |
| Population | 160 | 647,106 | 334,922,499 |
What a typical home costs per month in Townshend
At this week's average 30-year rate of 7.11%, buying the median Townshend home of $247,600 with 20% down costs about $1,822 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,234, 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 $78,065 for the 20%-down payment. That payment is 56% of the median Townshend household income of $38,875; at that income and 20% down, the 28% guideline points to a home of about $123,000.
The median rent here is $891 a month, so owning the median home costs about $931 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $49,520 |
|---|---|
| Loan amount | $198,080 |
| Principal and interest | $1,332 |
| Property taxes (1.87% a year) | $386 |
| Homeowners insurance (our estimate, 0.5% a year) | $103 |
| PMI | $0 |
| Total per month | $1,822 |
Change the numbers in the calculator
| Down payment | $8,666 |
|---|---|
| Loan amount | $243,115 |
| Principal and interest | $1,635 |
| Property taxes (1.87% a year) | $386 |
| Homeowners insurance (our estimate, 0.5% a year) | $103 |
| FHA mortgage insurance | $110 |
| Total per month | $2,234 |
Change the numbers in the calculator
Questions about home buying in Townshend
What is the median home value in Townshend?
About $247,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Townshend?
Homeowners pay a median $4,632 a year, which is about 1.87% 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 Townshend?
For the median home with 20% down at 7.11%, the payment is about $1,822 a month. Keeping that under 28% of gross income takes about $78,065 a year.
More about Townshend
- Mortgage Refinance in Townshend
- Debt Relief in Townshend
- Home Equity Loans in Townshend
- 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