How Much House Can I Afford on a 110k Income in Vermont?

With a 110k income, you're right on target for purchasing a home in Vermont. Financial advisors recommend spending about 3 to 4 times your annual income on a home, which translates to a budget between $330,000 and $440,000.

In Burlington, the median home price is approximately $380,000, fitting neatly within your target range. This balance ensures a wide variety of quality homes are available to you.

Additionally, other cities like Montpelier and Rutland offer appealing options at around $330,000. With a property tax rate of 1.95%—amounting to roughly $7,410 per year—and a cost of living above the national average, your income comfortably supports homeownership across the state.