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Addison Central

Learn about the people, housing, costs and businesses in Addison Central, Vermont

Median Home$379,477
Median Rent$1,127/month
Population15,863
Leading IndustriesPublic Administration · Construction · Agriculture & Mining35% public administration
Home Value Growth⬆⬆+20.8% over 2 years
Young Adults33% of residentswell above average
Homeowners75% of occupied units
NotableHighly Educated26% bachelor's · 13% graduate · top 12% nationally
Addison Central
VT

Frequently Asked Questions

What are today's mortgage rates in Addison Central?

As of today, the 30-year fixed mortgage rate for Addison Central is approximately 6.904% (6.940% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Addison Central?

The median home value in Addison Central is $379k. The median monthly rent is $1,127. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Addison Central?

Home values in Addison Central have increased 20.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Addison Central?

Based on a typical all-in ownership cost of $1,345/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Addison Central is $86k/year.

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What industries drive the economy in Addison Central?

The largest employment sectors in Addison Central are public administration (35%) and retail (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.