Total monthly cost of ownership
Cost to Own a Home in Hardwick, Vermont
A $175,000 home here costs
$1,675per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $900. The real number is $776 higher every month — 86% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Hardwick against Caledonia County and Vermont
| Measure | Hardwick | Caledonia County |
|---|---|---|
| Median home value | $175,300 | $215,900 |
| Median property tax | $3,470 | $3,951 |
| Effective tax rate | 1.979% | 1.830% |
| Median gross rent | $806 | $904 |
| Population | 1,047 | 30,425 |
The weather behind that power bill
Hardwick sits in Caledonia County, which averages a high of 79.5°F in its hottest month and a low of 7.8°F in its coldest, with 39.34" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 330 cooling and 7,982 heating degree days, which is what sets the $224 electricity line above.
See the full climate breakdown for Caledonia County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Caledonia County
Full Caledonia County cost breakdown · Every county in Vermont
Common questions
How much does it cost to own a home in Hardwick?
A $175,000 home in Hardwick, Vermont costs approximately $1,675 per month with 20% down at 6.66%. That is $900 principal and interest, $289 property tax, $50 homeowners insurance, $292 utilities and $146 set aside for maintenance.
What is the property tax rate in Hardwick?
Hardwick has an effective property tax rate of 1.979%, based on a median home value of $175,300 and median real estate taxes of $3,470. That is higher than the Caledonia County average of 1.830%.
What is the average home price in Hardwick?
The median owner-occupied home value in Hardwick, Vermont is $175,300, against $215,900 across Caledonia County.
Is it cheaper to rent or buy in Hardwick?
Median gross rent in Hardwick is $806 a month, against $1,675 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Hardwick — 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.