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These days, finding an affordable place to live in the Norwich area can be challenging. Home prices in Norwich are now at a median cost of $607,872, higher than the Vermont average of $340,025.
The average cost of rent is $1,863/mo in Norwich, primarily driven by the current value of real estate in the Norwich area. In Norwich, 27.24% of households rent, and 45.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Norwich is $10,816 per month. Households that rent pay about 17.23% of their income on rent here. Norwich’s most expensive areas are in the northern 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
- Hanover, NH: higher priced homes
- West Norwich, VT: equally priced homes
- White River Junction, VT: less expensive homes
- West Lebanon, NH: less expensive homes
- Hanover Center, NH: higher priced homes
- Etna, NH: higher priced homes
- Thetford Center, VT: less expensive homes
- West Hartford, VT: less expensive homes
- Lebanon, NH: less expensive homes
- Sharon, VT: less expensive homes
Cities with Similar Populations
- Bentleyville, PA: less expensive homes
- Bismarck, AR: less expensive homes
- Burton, OH: less expensive homes
- Dry Prong, LA: less expensive homes
- Epsom, NH: less expensive homes
- Hagerstown, IN: less expensive homes
- Montrose, NY: less expensive homes
- Mayfield, OH: less expensive homes
- Noel, MO: less expensive homes
- Redland, AL: less expensive homes
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