Quick facts: Stowe, VT

Quick Facts

110.2
Cost of Living
above US average
4,314
Population
2.32
Crime Rate per 1000
below US average
$60,000
Median Income
below US average
$998,000
Median House Price
above US average
$6000.0
Average Rent
above US average
8%
Poverty Rate
below US average
2.3%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $60,000.

🏠

Income Needed to Buy

βœ— Stretch
$313k/year
Based on $998,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $313k vs median $60,000
🏒

Income Needed to Rent

⚠ Stretch
$257k/year
Based on $6000.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $257k vs median $60,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Stowe, VT

Stowe, Vermont, is a picturesque town nestled in the Green Mountains, renowned for its stunning natural beauty and outdoor recreational activities. Known as a premier ski destination, Stowe boasts the largest ski area in Vermont, with 116 trails and a vertical drop of over 2,300 feet, making it a popular spot for winter sports enthusiasts. The charming village offers vibrant shopping, dining, and art galleries, enhancing its quaint New England appeal. In addition to skiing, Stowe is a hub for year-round activities, including hiking, mountain biking, and fall foliage viewing. The nearby Trapp Family Lodge, founded by the von Trapp family, adds a unique cultural touch, offering outdoor adventures and scenic views. Summer brings festivals, farmers' markets, and craft fairs, creating a lively atmosphere. The town is also known for its commitment to local agriculture and craft brewing. With its blend of natural beauty, recreation, and community spirit, Stowe is not just a winter wonderland; it’s a year-round destination that attracts visitors seeking both adventure and relaxation.

πŸ” Search & Compare Places

First Location πŸ“