How much do homeowners pay a month in North Hero, VT?
Homeowners with a mortgage in North Hero, VT pay a median of $2,357 (±$172) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $871 (±$200).
67.9% of owned homes carry a mortgage.
In North Hero, the median monthly cost with a mortgage went from $1,890 in 2015–2019 to $2,357 in 2020–2024 (+24.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $2,357 (±$172)
- Without a mortgage
- $871 (±$200)
- Owned with a mortgage
- 67.9%
Monthly owner costs in North Hero
| North Hero | Grand Isle County | Vermont | United States | |
|---|---|---|---|---|
| With a mortgage | $2,357 (±$172) | $2,128 (±$103) | $1,907 (±$17) | $1,963 |
| Without a mortgage | $871 (±$200) | $912 (±$53) | $837 (±$9) | $638 |
| Owned homes with a mortgage | 67.9% (±7.3 points) | 60.2% (±3.6 points) | 59.9% (±0.7 points) | 60.6% |
| Median real estate taxes (a year) | $5,132 (±$1,233) | $5,195 (±$426) | $5,039 (±$66) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In North Hero, the median cost with a mortgage is higher than in Grand Isle County ($2,128).
It is also higher than in Vermont ($1,907).
It is higher than the national figure ($1,963).
In Grand Isle County, North Hero ranks 2 of 5 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 18 of 245.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in North Hero have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,890 (±$212) | $2,357 (±$172) | +24.7% | No measurable change after inflation |
| Median real estate taxes | $5,195 (±$610) | $5,132 (±$1,233) | −1.2% | No measurable change after inflation |
| Median home value | $298,600 (±$22,822) | $451,400 (±$65,568) | +51.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near North Hero
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| North Hero | — | $2,357 (±$172) | — |
| St. Albans (Franklin County, town) | 4.2 mi | $2,045 (±$180) | Lower |
| Isle La Motte | 6.5 mi | $1,567 (±$119) | Lower |
| St. Albans (Franklin County, city) | 7.1 mi | $1,908 (±$99) | Lower |
| Swanton (Franklin County, town) | 7.2 mi | $1,721 (±$86) | Lower |
| Swanton (Franklin County, village) | 8.1 mi | $1,674 (±$70) | Lower |
| Grand Isle | 9.0 mi | $2,289 (±$127) | Not measurably different |
| Alburgh (Grand Isle County, town) | 9.1 mi | $1,490 (±$117) | Lower |
| Georgia | 9.1 mi | $2,125 (±$115) | Lower |
Nearby places with a measurably lower figure: St. Albans (Franklin County, town), VT ($2,045), Isle La Motte, VT ($1,567), St. Albans (Franklin County, city), VT ($1,908).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Grand Isle County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | South Hero | $2,595 (±$466) |
| 2 | North Hero | $2,357 (±$172) |
| 3 | Grand Isle | $2,289 (±$127) |
| 4 | Isle La Motte | $1,567 (±$119) |
| 5 | Alburgh (Grand Isle County, town) | $1,490 (±$117) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about North Hero
What is the average mortgage payment in North Hero?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in North Hero, VT is $2,357 (±$172) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in North Hero?
Owners without a mortgage in North Hero pay a median of $871 (±$200) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in North Hero gone up?
In North Hero, the median monthly cost with a mortgage went from $1,890 in 2015–2019 to $2,357 in 2020–2024 (+24.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Hero town, Grand Isle County, Vermont
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — North Hero town, Grand Isle County, Vermont
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — North Hero town, Grand Isle County, Vermont
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — North Hero town, Grand Isle County, Vermont
- Median Value (B25077), 2015–2019 ACS 5-year estimates — North Hero town, Grand Isle County, Vermont
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for North Hero town, Grand Isle County, Vermont (county subdivision:50650, in state:50 county:013).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in North Hero at a glance
- Income and affordability in North Hero
- Home values in North Hero
- Property taxes in North Hero
- Types of homes in North Hero
- Bedrooms in North Hero
- Age of homes in North Hero
- Heating fuel in North Hero
- Commute and cars in North Hero
- Population growth in North Hero
- How long people stay in North Hero
- Vermont landlord and tenant rules
- Housing across Grand Isle County
- Housing data for every place in Vermont