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Thinking of buying a home in Vermont? Here’s what you need to earn.

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Thinking of buying a home in Vermont? Here’s what you need to earn.


Existing home sales fall to lowest level since 1995

The latest home sales numbers painted a discouraging picture for the real estate industry as sales fell to the lowest level since 1995.

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  • According to Realtor.com, the median household income recommended to purchase a three-bedroom home in Vermont is $143,168.
  • The analysis compared the actual median household income to the recommended median household income to buy a median-priced three-bedroom home in each state.
  • Hawaii is the least affordable place to buy a home, according to the analysis.

Owning a home in the United States can seem like an impossible dream right now, as a new analysis by Realtor.com found that in nearly half of states, the typical four-person family does not earn enough to afford a median-priced three-bedroom home.

The analysis found that in Vermont, it is recommended that a family of four have an annual median income of $143,168 to buy a home.

Realtor.com ranked the top ten most affordable and least affordable states in the country. The rankings are based off of an analysis that compared the actual median household income to the recommended median household income to buy a median-priced three-bedroom home in each state.

Vermont did not make either list, putting it somewhere in the middle for affordability. However, it is one of 35 states where families need to make six figures to buy a home.

How much does a family of four in Vermont need to earn to buy a home?

According to Realtor.com’s analysis, the median household income recommended to purchase a three-bedroom home in Vermont is $143,168.

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The median income needed was calculated by factoring a rate of 6.65% on a 30-year fixed mortgage, property taxes, and insurance, and assume a 10% down payment, according to the website.

In which states do buyers need the highest incomes to purchase a home?

Hawaii is the least affordable place to buy a home, according to the analysis. 

The median household income recommended to buy a home in Hawaii is $229,341 as the median home price is $796,947. However, the median income for a family of four is $133,656 – about 41% less than the minimum recommended income.

“Hawaii and California are among the nation’s most expensive states. Even though the typical four-person family income in these states is relatively high, it pales in comparison to home prices,” said Realtor.com senior economic research analyst Hannah Jones.

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Here are the states where families of four need the highest incomes to buy a three-bedroom house.

 Place State Median home price Median household income recommended
1 Hawaii $796,947 $229,341
2 California $728,500 $209,643
3 Montana $111,516 $176,513
4 Idaho $566,950 $163,153
5 New York $659,974 $189,923
6 Utah $586,200 $168,693
7 Nevada $485,598 $139,742
8 New Mexico $389,700 $112,146
9 Massachusetts $749,950 $215,816
10 Oregon $550,000 $158,276

In which states do buyers need the lowest incomes to buy a home?

If you’re looking for affordability, try the Midwest. Ohio, Michigan, and Illinois are the three most affordable states in this category.

In Ohio, a family of four has a median annual income of $113,453. That’s much more than the recommended $74,000 recommended to buy a home in the state, which has a median price of $259,450.

Here are the states where families of four with the lowest incomes can buy a three-bedroom house.

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 Place State Median home price Median household income recommended
1 Ohio $259,450 $74,663
2 Michigan $265,350 $76,361
3 Illinois $289,950 $83,440
4 Iowa $279,950 $80,562
5 Pennsylvania $296,750 $85,397
6 Kansas $280,298 $80,662
7 Indiana $279,450 $80,418
8 Minnesota $380,948 $109,627
9 Maryland $408,323 $117,505
10 Missouri $289,000 $83,167

What is the median income recommended for buying a home in each state?

  • Alabama: $92,583
  • Alaska: $121,585
  • Arizona: $140,578
  • Arkansas: $83,440
  • California: $209,643 
  • Colorado: $161,002 
  • Connecticut: $143,729
  • Delaware: $137,986
  • Florida: $125,182 
  • Georgia: $109,354
  • Hawaii: $229,341
  • Idaho: $163,153
  • Illinois: $83,440
  • Indiana: $80,418
  • Iowa: $80,562
  • Kansas: $80,662
  • Kentucky: $86,044
  • Louisiana: $79,138
  • Maine: $129,340
  • Maryland: $117,505
  • Massachusetts: $215,816
  • Michigan: $76,361
  • Minnesota: $109,627
  • Mississippi: $83,426
  • Missouri: $83,167
  • Montana: $176,513 
  • Nebraska: $99,836
  • Nevada: 139,742
  • New Hampshire: $165,456
  • New Jersey: $156,822
  • New Mexico: $112,146
  • New York: $189,923
  • North Carolina: $114,951
  • North Dakota: $104,555
  • Ohio: $74,663
  • Oklahoma: $84,892
  • Oregon: $158276
  • Pennsylvania: $85,397
  • Rhode Island: $151,067
  • South Carolina: $101,426 
  • South Dakota: $107196
  • Tennessee: $120,855
  • Texas: $102,160
  • Utah: $168,693
  • Vermont: $143,168 
  • Virginia: $121,534
  • Washington: $174,700 
  • West Virginia: $71,080
  • Wisconsin: $109,196
  • Wyoming: $132,297



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Vermont

Vermont highway shut down following rock slide

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Vermont highway shut down following rock slide


A portion of a Vermont highway has been shut down following a rock slide on Tuesday.

Vermont State Police said in an email around 1:22 p.m. that they had received a report of a rock slide on Route 5 in Fairlee, just south of the Bradford town line.

“Initial reports are of a substantial amount of rock & trees in the roadway, making travel through the area difficult or impassable,” they said. “Motorists should seek alternate routes or expect delays in the area.”

Route 5 is a nearly 200-mile, mostly two-lane highway running from the Massachusetts border to Canada.

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In an update shortly after 2 p.m., state police said Route 5 in Fairlee between Mountain Road and Sawyer Mountain Drive will remain closed while the Vermont Agency of Transportation assesses the stability of the roadway.

No further details were released.



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Maine Black Bears vs. Vermont Catamounts – Live Score – March 13, 2026

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Maine Black Bears vs. Vermont Catamounts – Live Score – March 13, 2026


Vermont meets Maine and Smith in America East Final, fresh off her 26 Pts, 12 Reb, 4 Ast game

TEAM STATS

ME

62.3 PPG 65.8

28.4 RPG 29.8

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13.4 APG 12.1

11.2 TPG 9.9

60.1 PPG Allowed 51.5

UVM

TEAM LEADERS

ME
UVM
PREVIOUS GAMES
Maine Black Bears ME

Vermont Catamounts UVM



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COMMENTARY: Vermont: The Beckoning Country

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COMMENTARY: Vermont: The Beckoning Country


Vermont has some big problems that desperately need fixing! Many of them are connected, in a variety of ways to a symptom rarely discussed. The population of Vermont is falling while the population of the United States is growing. Vermont has been losing people for the last few years. The reasons include deaths in Vermont outpace births; between 2023 and 2024 there were 1,700 more deaths than births. More people left the state than moved into Vermont. In another worrying sign the birthrate in the United States is down 25 percent since 2007 when the decline began. Another symptom may be that weekly take home pay in Vermont is about $400.00 less than the national average. Taken together these problems should set off alarms about our future.

S, it should not be a surprise that our schools throughout the state have a diminishing number of students while simultaneously school budgets are skyrocketing upward. Yes, it is costing us more to educate fewer students, and Vermonters are rarely wealthy. Maintaining quality schools is expensive. The average pay for public school teachers in the United States is $72,030. The average pay for a public-school teacher in Vermont is only $52,559. A nearly $20,000 gap is hardly an incentive to attract the best of the best. Good teachers are a precious commodity.

Gov. Phil Scott has demanded the Legislature do something about education costs in the Green Mountain State. Legislators have been spending much more time on this problem than any other facing the state. There have been various proposals, one of the latest is from Sen. Seth Bongartz of Manchester that would create a two year “ramp period” for school districts to merge voluntarily. Two years is a long time to wait when the problem is financially urgent. School mergers are inevitable in many areas which will mean the eventual closing of several small elementary schools. The closing in many cases means long bus rides for little kids.

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One idea that has not been discussed is increasing, substantially, Vermont’s population over the next decade or so. We don’t have enough students to make financial sense for our small rural schools. We need more property-owning people whose taxes will help balance our cash-strapped education budgets. Why doesn’t the Legislature think about a campaign to entice people to move to the Green Mountain state?

In the 1960s Vermont’s economic development officials, under new Gov. Phil Hoff, launched a marketing campaign that was known as “Vermont the Beckoning Country.” The campaign was remarkably successful, bringing thousands of people to a place that at that time had largely skipped the Industrial Revolution. Vermont’s ski industry began growing by leaps and bounds then, bringing in large numbers of people new to the state. Entrepreneurs, many of them World War II veterans, began developing ski resorts in the Green Mountains. They attracted thousands of visitors and some of those visitors fell in love with Vermont. They stayed. These Flatlanders changed the state, making it more liberal, and more environmentally conscious. Gov. Hoff, the first Democrat elected governor since 1853, was followed by a wave of successful liberal politicians who turned Vermont from red to blue. People can differ about the whether the political transformation improved the state or destroyed it, but the state undoubtedly grew more prosperous.

Vermont has plenty of land that can be used to build new housing. New people can bring fresh ideas and the capital needed to create new businesses with good jobs. More families living in more houses means more property taxes going to schools. It should also lighten the load for the current financially stressed Vermonters.

A well-financed advertising campaign to entice new people to make Vermont their home will make us more prosperous. More taxpayers can be one of the many solutions needed to save our struggling education system.

Clear the cobwebs off the old slogan and invite a whole new crop of young, energetic families to Vermont the Beckoning Country!

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Eric Peterson lives in Bennington. Opinions expressed by columnists do not necessarily reflect the views of Vermont News & Media. 



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