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These days, finding an affordable place to live in the Groton area can be challenging. Home prices in Groton are now at a median cost of $243,687, lower than the Vermont average of $340,025.
The average cost of rent is $358/mo in Groton, primarily driven by the current value of real estate in the Groton area. In Groton, 6.49% of households rent, and 43.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Groton is $6,425 per month. Households that rent pay about 5.57% of their income on rent here. Groton’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ricker Mills, VT: equally priced homes
- West Groton, VT: equally priced homes
- South Ryegate, VT: equally priced homes
- West Barnet, VT: higher priced homes
- East Ryegate, VT: equally priced homes
- Peacham, VT: higher priced homes
- Mc Indoe Falls, VT: higher priced homes
- West Topsham, VT: equally priced homes
- Barnet, VT: equally priced homes
- Wells River, VT: higher priced homes
Cities with Similar Populations
- Rosebud, MO: less expensive homes
- New Bloomington, OH: less expensive homes
- New Century, KS: higher priced homes
- Quinebaug, CT: equally priced homes
- Ravenden, AR: less expensive homes
- Ray, OH: less expensive homes
- Remer, MN: higher priced homes
- Renova, MS: less expensive homes
- Rexford, MT: higher priced homes
- Ridgeway, IA: higher priced homes
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