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Danby

Learn about the people, housing, costs and businesses in Danby, Vermont

Median Home$303,400
Median Rent$930/month
Population192
Leading IndustriesManufacturing · Professional Services · Arts, Food & Hospitality1% manufacturing
Home Value Growth⬆⬆+15.8% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners90% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Danby
VT

Frequently Asked Questions

What are today's mortgage rates in Danby?

As of today, the 30-year fixed mortgage rate for Danby is approximately 6.860% (6.895% 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 Danby?

The median home value in Danby is $303k. The median monthly rent is $930. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Danby?

Home values in Danby have increased 15.8% 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 Danby?

Based on a typical all-in ownership cost of $1,172/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Danby is $74k/year.

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What industries drive the economy in Danby?

The largest employment sectors in Danby are public administration (24%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.