CostBy County

Cost of Living in Franklin County, Vermont

$1,180/mo
Median Monthly Rent
$306,700
Median Home Value

At a Glance

Median Monthly Rent
$1,180/mo
4% above state average
Median Home Value
$306,700
8% below national
Census GRAPI
29.6%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Franklin County Compares

Median monthly rent comparison

Franklin County$1,180/mo
Vermont Average$1,132/mo
National Median$1,413/mo

Detailed Housing Stats

$1,180/mo
Median Gross Rent
$306,700
Median Home Value
$1,529/mo
Monthly Owner Cost
29.6%
Census GRAPI

National Ranking

Affordability Rank

Franklin County ranks #2,735 of 3,142 counties for affordability (bottom 13%)

Most AffordableLeast Affordable

Sourced county brief

Franklin County owner costs exceed state unweighted county mean

In Franklin County, the median selected monthly owner cost for all owner-occupied units is $1,529. This is $159 higher than the Vermont unweighted county mean of $1,370. The median home value in the county is $306,700, which is above the state unweighted county mean of $292,950. Among renters, the median gross rent is $1,180 per month, compared to the state unweighted county mean of $1,132. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) is 29.6%, which is 0.2 percentage points higher than the state unweighted county mean of 29.4%. The median income for renter households was estimated at $46,281. All housing cost data is sourced from the 2020-2024 American Community Survey 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Franklin County

Affordability Verdict

ACS B25071 estimates median gross rent at 29.6% of renter household income in Franklin County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,180 per month; median selected monthly owner costs are $1,529. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $47,200 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Vermont unweighted mean of county median rents is $1,132 per month. Franklin County's $1,180 median is 4.3% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Franklin County

$

Rent Burden

17.4%

of gross income

Max Housing (28% Rule)

$1,897

per month

Owner Cost Burden

22.6%

of gross income

The median home in Franklin County may be a stretch

Median home value is $306,700. Estimated monthly cost: $2,448 vs. your max of $1,897.

Rent Affordability Guide

Your entered rent as a share of entered income17.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $81,313Needed: $47,200
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $81,313Needed: $65,529
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $81,313Needed: $71,377

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Franklin County, Vermont?
Franklin County, Vermont has a median monthly rent of $1,180/mo and a median home value of $306,700. The affordability rating is Affordable, with median gross rent equal to approximately 29.6% of renter household income.
What is the median rent in Franklin County?
The median gross rent in Franklin County is $1,180/mo. This is 4% above state average for Vermont.
Is Franklin County affordable?
Franklin County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.6%. Median gross rent is under 30% of renter household income.
How does Franklin County's rent compare to the state average?
Franklin County's median rent of $1,180/mo is 4% above state average of $1,132/mo for Vermont.
What is the median home value in Franklin County?
The median home value in Franklin County, Vermont is $306,700. This is 8% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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