Total monthly cost of ownership
Cost to Own a Home in Randolph, Vermont
A $226,000 home here costs
$2,069per 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 $88,500 a year.
A standard mortgage calculator would have told you $1,232. The real number is $837 higher every month, 68% 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 Randolph from a five-year rolling sample, and with about 1,946 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.
Randolph against Orange County and Vermont
| Measure | Randolph | Orange County |
|---|---|---|
| Median home value | $225,800 | $251,000 |
| Median property tax | $4,547 | $4,399 |
| Effective tax rate | 2.014% | 1.753% |
| Median gross rent | $961 | $1,145 |
| Population | 1,946 | 29,594 |
The weather behind that power bill
Randolph 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 Randolph 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 Randolph every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Randolph I already own here and may sell
Common questions
How much does it cost to own a home in Randolph?
A $226,000 home in Randolph, Vermont costs approximately $2,069 per month with 20% down at 7.24%. That is $1,232 principal and interest, $379 property tax, $64 homeowners insurance, $205 utilities and $188 set aside for maintenance.
What is the property tax rate in Randolph?
Randolph has an effective property tax rate of 2.014%, based on a median home value of $225,800 and median real estate taxes of $4,547. That is higher than the Orange County average of 1.753%.
What is the average home price in Randolph?
The median owner-occupied home value in Randolph, Vermont is $225,800, against $251,000 across Orange County.
Is it cheaper to rent or buy in Randolph?
Median gross rent in Randolph is $961 a month, against $2,069 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 Randolph?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Randolph, Vermont at today's rate takes a household income of roughly $88,500 a year. That covers the full $2,069 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Randolph, 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.