Total monthly cost of ownership
Cost to Own a Home in Shelburne, Vermont
A $497,000 home here costs
$3,962per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,555. The real number is $1,407 higher every month — 55% 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.
Shelburne against Chittenden County and Vermont
| Measure | Shelburne | Chittenden County |
|---|---|---|
| Median home value | $496,700 | $404,500 |
| Median property tax | $6,722 | $6,527 |
| Effective tax rate | 1.353% | 1.614% |
| Median gross rent | $1,238 | $1,590 |
| Population | 6,292 | 168,831 |
The weather behind that power bill
Shelburne sits in Chittenden County, which averages a high of 82.4°F in its hottest month and a low of 12.9°F in its coldest, with 37.53" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 656 cooling and 6,960 heating degree days, which is what sets the $224 electricity line above.
See the full climate breakdown for Chittenden County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Chittenden County
Full Chittenden County cost breakdown · Every county in Vermont
Common questions
How much does it cost to own a home in Shelburne?
A $497,000 home in Shelburne, Vermont costs approximately $3,962 per month with 20% down at 6.66%. That is $2,555 principal and interest, $560 property tax, $141 homeowners insurance, $292 utilities and $414 set aside for maintenance.
What is the property tax rate in Shelburne?
Shelburne has an effective property tax rate of 1.353%, based on a median home value of $496,700 and median real estate taxes of $6,722. That is lower than the Chittenden County average of 1.614%.
What is the average home price in Shelburne?
The median owner-occupied home value in Shelburne, Vermont is $496,700, against $404,500 across Chittenden County.
Is it cheaper to rent or buy in Shelburne?
Median gross rent in Shelburne is $1,238 a month, against $3,962 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 Shelburne — 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.