Quick facts: Worcester, VT

Quick Facts

110.2
Cost of Living
above US average
115
Population
Crime rate Data is updating, will be available soon
$71,250
Median Income
below US average
$320,000
Median House Price
above US average
$1726
Average Rent
above US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $71,250.

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Income Needed to Buy

βœ— Stretch
$100k/year
Based on $320,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $100k vs median $71,250
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Income Needed to Rent

⚠ Stretch
$74k/year
Based on $1726/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $74k vs median $71,250
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Worcester, VT

Worcester, Vermont, is a small, picturesque town situated in Washington County, nestled in the Green Mountains. Known for its scenic landscapes, Worcester offers a rural charm with stunning views, lush forests, and tranquil surroundings. The town, established in 1791, is characterized by its quaint New England architecture and a close-knit community. Outdoor enthusiasts will appreciate Worcester's access to a variety of recreational activities, including hiking, biking, and snowshoeing, especially in the nearby Worcester Range. The town is also conveniently located near the popular skiing destinations of Stowe and Sugarbush, making it a great spot for winter sports. Worcester is primarily residential, providing a peaceful lifestyle away from the hustle and bustle of larger cities. With its low population density, residents enjoy a sense of privacy and can often be found engaging in community events or local traditions. Overall, Worcester is perfect for those looking to embrace the beauty of rural Vermont, experience outdoor adventures, and enjoy a serene, community-focused atmosphere.

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