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Island Pond

Learn about the people, housing, costs and businesses in Island Pond, Vermont

Median Home$163,900
Median Rent$775/month
Population756
Leading IndustriesProfessional Services · Finance & Insurance · Information & Media3% professional services
Home Value Growth⬆⬆⬆+43.2% over 2 years
Retirees27% of residentsabove average nationally
Homeowners51% of occupied units
NotableTransit89/100 · excellent transit access
NotableVeteran Community13% of residents · top 4% nationally
Island Pond
VT

Frequently Asked Questions

What are today's mortgage rates in Island Pond?

As of today, the 30-year fixed mortgage rate for Island Pond is approximately 7.357% (7.409% 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 Island Pond?

The median home value in Island Pond is $164k. The median monthly rent is $775. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Island Pond?

Home values in Island Pond have increased 43.2% 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 Island Pond?

Based on a typical all-in ownership cost of $1,020/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Island Pond is $47k/year.

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What industries drive the economy in Island Pond?

The largest employment sectors in Island Pond are public administration (20%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.