Total monthly cost of ownership
Cost to Own a Home in Bradford, Vermont
A $246,000 home here costs
$2,113per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $90,500 a year.
A standard mortgage calculator would have told you $1,341. The real number is $772 higher every month, 58% more than the payment most buyers budget for.
Compare Orange County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Bradford from a five-year rolling sample, and with about 1,326 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Orange County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Bradford against Orange County and Vermont
| Measure | Bradford | Orange County |
|---|---|---|
| Median home value | $246,400 | $251,000 |
| Median property tax | $3,518 | $4,399 |
| Effective tax rate | 1.428% | 1.753% |
| Median gross rent | $1,072 | $1,145 |
| Population | 1,326 | 29,594 |
The weather behind that power bill
Bradford sits in Orange County, which averages a high of 76.9°F in its hottest month and a low of 4.2°F in its coldest, with 43.15" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 157 cooling and 8,714 heating degree days, which is what sets the $137 electricity line above.
See the full climate breakdown for Orange County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Orange County
Talk to someone who works this market
These are Bradford averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Bradford every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Bradford I already own here and may sell
Common questions
How much does it cost to own a home in Bradford?
A $246,000 home in Bradford, Vermont costs approximately $2,113 per month with 20% down at 7.24%. That is $1,341 principal and interest, $293 property tax, $70 homeowners insurance, $205 utilities and $205 set aside for maintenance.
What is the property tax rate in Bradford?
Bradford has an effective property tax rate of 1.428%, based on a median home value of $246,400 and median real estate taxes of $3,518. That is lower than the Orange County average of 1.753%.
What is the average home price in Bradford?
The median owner-occupied home value in Bradford, Vermont is $246,400, against $251,000 across Orange County.
Is it cheaper to rent or buy in Bradford?
Median gross rent in Bradford is $1,072 a month, against $2,113 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Bradford?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Bradford, Vermont at today's rate takes a household income of roughly $90,500 a year. That covers the full $2,113 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bradford, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Vermont.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.