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South Barre

Learn about the people, housing, costs and businesses in South Barre, Vermont

Median Home$259,800
Median Rent$1,202/month
Population1,208
Leading IndustriesTransportation · Wholesale Trade · Public Administration5% transportation
Home Value Growth⬆⬆+20.9% over 2 years
Young Adults23% of residents
Homeowners84% of occupied units
NotableHighly Educated23% bachelor's · 13% graduate · top 23% nationally
South Barre
VT

Frequently Asked Questions

What are today's mortgage rates in South Barre?

As of today, the 30-year fixed mortgage rate for South Barre is approximately 6.960% (6.998% 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 South Barre?

The median home value in South Barre is $260k. The median monthly rent is $1,202. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Barre?

Home values in South Barre have increased 20.9% 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 South Barre?

Based on a typical all-in ownership cost of $1,211/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Barre is $83k/year.

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What industries drive the economy in South Barre?

The largest employment sectors in South Barre are public administration (26%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.