Total monthly cost of ownership
Cost to Own a Home in Swanton, Vermont
A $210,000 home here costs
$1,943per 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 $83,500 a year.
A standard mortgage calculator would have told you $1,145. The real number is $798 higher every month, 70% more than the payment most buyers budget for.
Compare Franklin County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Swanton from a five-year rolling sample, and with about 2,732 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 Franklin 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.
Swanton against Franklin County and Vermont
| Measure | Swanton | Franklin County |
|---|---|---|
| Median home value | $210,000 | $285,500 |
| Median property tax | $4,302 | $4,244 |
| Effective tax rate | 2.049% | 1.487% |
| Median gross rent | $1,021 | $1,164 |
| Population | 2,732 | 50,379 |
The weather behind that power bill
Swanton sits in Franklin County, which averages a high of 81.0°F in its hottest month and a low of 2.9°F in its coldest, with 40.03" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 334 cooling and 8,216 heating degree days, which is what sets the $137 electricity line above.
See the full climate breakdown for Franklin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Franklin County
Full Franklin County cost breakdown · Every county in Vermont
Talk to someone who works this market
These are Swanton 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 Swanton every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Swanton I already own here and may sell
Common questions
How much does it cost to own a home in Swanton?
A $210,000 home in Swanton, Vermont costs approximately $1,943 per month with 20% down at 7.24%. That is $1,145 principal and interest, $359 property tax, $60 homeowners insurance, $205 utilities and $175 set aside for maintenance.
What is the property tax rate in Swanton?
Swanton has an effective property tax rate of 2.049%, based on a median home value of $210,000 and median real estate taxes of $4,302. That is higher than the Franklin County average of 1.487%.
What is the average home price in Swanton?
The median owner-occupied home value in Swanton, Vermont is $210,000, against $285,500 across Franklin County.
Is it cheaper to rent or buy in Swanton?
Median gross rent in Swanton is $1,021 a month, against $1,943 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 Swanton?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Swanton, Vermont at today's rate takes a household income of roughly $83,500 a year. That covers the full $1,943 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Swanton, 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.