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These days, finding an affordable place to live in the Worcester area can be challenging. Home prices in Worcester are now at a median cost of $293,174, lower than the Vermont average of $340,025.
The average cost of rent is $1,088/mo in Worcester, primarily driven by the current value of real estate in the Worcester area. In Worcester, 12.24% of households rent, and 37.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Worcester is $6,779 per month. Households that rent pay about 16.05% of their income on rent here. Worcester’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Calais, VT: higher priced homes
- Adamant, VT: higher priced homes
- Wrightsville, VT: higher priced homes
- Waterbury Center, VT: higher priced homes
- East Calais, VT: higher priced homes
- Middlesex, VT: higher priced homes
- Woodbury, VT: equally priced homes
- Stowe, VT: higher priced homes
- Colbyville, VT: higher priced homes
- Montpelier, VT: higher priced homes
Cities with Similar Populations
- Weaubleau, MO: less expensive homes
- Beulahtown, NC: less expensive homes
- Big Island, OH: less expensive homes
- Blooming Grove, NY: higher priced homes
- Bosky Dell, MO: less expensive homes
- Bradenville, PA: less expensive homes
- Campbellsville, TN: equally priced homes
- Cason, TX: less expensive homes
- Castleton, VA: higher priced homes
- Cecil, AL: higher priced homes
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