Photo: Thetrick · CC BY-SA 3.0Even on the area’s higher pay, Jericho costs more to live in than 89% of U.S. towns
It ranks #60 of 71 in Vermont for affordability. Down 0.9% in a year, 42% above the Vermont typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Burlington-South Burlington, VT metro area ($93K). How TownRatings grades cost of living
Only 2 sales in September 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
The grade measures what housing costs against what households in the area earn. Jericho’s area earns well above the typical U.S. town ($93K against $74K), but homes, rent and taxes here run higher still. Owners keep up better than renters: 26% of owners pay 30% or more of income for housing (typical U.S. town: 20%), against 79% of renters.
In dollars
- $555Ktypical home, 42% above the Vermont typical homeZillow, September 2026
- $1,830a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 101prices across the Burlington metro, where the U.S. is 100 (housing 104)BEA Regional Price Parities, 2024
In paychecks the grade
- 5.3 yrsof area income buys the typical home; the typical U.S. town: 3.3$93K, Burlington-area income
- 22%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 26%of owners do; the typical U.S. town: 20%Census 2020–24
The short version on homes in Jericho
Nearly every household owns
93% of Jericho households own their home, against 73% across Vermont. There are only 150 renter households, so rentals are scarce. Property taxes ↓
A median income goes further next door
At Jericho’s median income, the calculator’s budget of about $421K falls short here but covers the typical home in Bolton ($418K). Can I afford it? ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; permits are Census figures through 2025 (2025 partly estimated); incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Jericho’s grade
Measured against what households in the area earn, Jericho is more affordable than 11% of U.S. towns, #60 of 71 in Vermont. Property tax pulls the grade down most; the share of households paying 30%+ for housing holds it up.
Prices here have kept pace with Vermont: up 19.6% in five years, against 16.9% statewide (Zillow).
Up 19.6% in five years
About the same pace as Vermont (16.9%).
Show as a table
| January | Jericho | Vermont |
|---|---|---|
| 2017 | $328,000 | $240,000 |
| 2018 | $357,000 | $252,000 |
| 2019 | $368,000 | $260,000 |
| 2020 | $383,000 | $270,000 |
| 2021 | $421,000 | $297,000 |
| 2022 | $473,000 | $343,000 |
| 2023 | $512,000 | $371,000 |
| 2024 | $536,000 | $392,000 |
| 2025 | $562,000 | $392,000 |
| 2026 | $559,000 | $391,000 |
| September 2026 | $555,000 | $392,000 |
A typical Jericho home worth $324K in October 2016 is worth about $555K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs 5.3 years of area income
The calculator starts from the area income the grade uses. Switch to Jericho’s own median, or type yours.
That’s $220K short of a typical Jericho home.
A two-bedroom rents for about $1,830 a month here, $1,770 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Jericho’s typical property tax (1.48% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,830
Renters already here pay a median of $1,731.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Burlington-South Burlington, VT MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
12 new homes permitted in 2025
Builders were permitted 12 new homes in Jericho in 2025, all single-family houses, worth about $6.7 million to build. That's 2.3 per 1,000 residents, slower than across Vermont (4). Over the past 10 years, Jericho has permitted 145 homes in all.
Between the 2010 and 2020 censuses, Jericho gained 95 residents while 91 new homes were permitted: about 1 new resident per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Vermont: 1.1 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 5 | 5 | 0 | $2.5 million |
| 2025 | 12 | 12 | 0 | $6.7 million |
| 2024 | 24 | 24 | 0 | $11.7 million |
| 2023 | 16 | 10 | 6 | $5.3 million |
| 2022 | 18 | 16 | 2 | $6.5 million |
| 2021 | 18 | 10 | 8 | $3.8 million |
| 2020 | 18 | 18 | 0 | $5 million |
| 2019 | 18 | 18 | 0 | $5 million |
| 2018 | 7 | 7 | 0 | $2.1 million |
| 2017 | 7 | 7 | 0 | $2.1 million |
| 2016 | 7 | 7 | 0 | $2.1 million |
| 2015 | 7 | 7 | 0 | $2.1 million |
| 2014 | 13 | 13 | 0 | $2.3 million |
| 2013 | 12 | 12 | 0 | $2.1 million |
| 2012 | 8 | 8 | 0 | $1.4 million |
| 2011 | 7 | 7 | 0 | $1.3 million |
| 2010 | 5 | 5 | 0 | $829,000 |
| 2009 | 2 | 2 | 0 | $358,000 |
| 2008 | 10 | 10 | 0 | $1.8 million |
| 2007 | 17 | 9 | 8 | $2.4 million |
| 2006 | 22 | 22 | 0 | $4.7 million |
| 2005 | 17 | 15 | 2 | $3.4 million |
| 2004 | 22 | 12 | 10 | $4.7 million |
| 2003 | 14 | 14 | 0 | $3.9 million |
| 2002 | 21 | 21 | 0 | $4.6 million |
| 2001 | 14 | 14 | 0 | $2.8 million |
| 2000 | 19 | 19 | 0 | $3.8 million |
Jericho's permit office reported 9 of 12 months in 2025; the Census estimated the rest.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
High tax bills, but a low tax rate
The median bill is $7,318 (Vermont: $5,039), because homes cost more. As a share of value it’s 1.48% a year, against 1.59% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Jericho
Only figures published free for the whole country, each labeled with the area it covers: the Burlington-South Burlington, VT metro area, or Vermont. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 101 | VT 98 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 97 | VT 97 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 126 | VT 126 | metro | BEA, 2024 |
| Other services U.S. = 100 | 102 | VT 102 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Jericho vs. its neighbors
Of the 6 towns here with a Zillow value, Jericho has the 3rd-lowest.
Cost next door · one source per column
Questions about the cost of living in Jericho
Is Jericho expensive to live in?
Measured against what households in the area earn, Jericho costs more than 89% of U.S. towns: a D for cost of living, #60 of 71 in Vermont. The typical home costs 5.3 years of the median household income of the Burlington-South Burlington, VT metro area ($93K).
How much does a house cost in Jericho?
About $555K, Zillow’s typical value for September 2026, down 0.9% in a year. The Vermont typical home is $392K.
What salary do you need to live in Jericho?
To buy the typical home with 20% down at 6.3%, about $154,000 a year, keeping the payment (about $3,600 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $73,000.
How much is rent in Jericho?
HUD puts a two-bedroom at about $1,830 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,731 (Census 2020–24).
What are property taxes in Jericho?
The median bill is $7,318 a year, 1.48% of the median home value (Vermont: $5,039, 1.59%), from the Census 2020–24.
Are home prices in Jericho going up?
No: down 0.9% in the past year and 19.6% in five years, against 16.9% across Vermont (Zillow).
Neighbors talk housing
What Jericho buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, September 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.