Living in Fairlee, Vermont

Cost of living, income, home prices, rent and demographics of Fairlee · Census data 2020–2024

Fairlee has 1,066 residents with a median age of 56.2. The median household income is $74,760 (8% lower than the Vermont median), the median home value is $274,200, the median rent is $1,083/month.

Fairlee is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Fairlee at a glance

Population
1,066
Median age
56.2State: 43.1
Median household income
$74,760State: $81,203
Median home value
$274,200State: $316,600
Median rent
$1,083/moState: $1,234
Homeowners
80.9%
Bachelor's degree or higher
46.5%
Average commute
24 min

Is Fairlee a good place to live?

Pros: Home values 13% lower than the state median; unemployment of 0.7%.

Cons: Median household income 8% lower than the Vermont median; an average commute of 24 minutes; a poverty rate of 14.7%.

The weather is best in June to September.

Cost of living in Fairlee

Housing is the biggest part of the cost of living. In Fairlee the median home value is $274,200, 18% lower than the U.S. median. Renters pay a median of $1,083 per month, which is 45.4% of household income. Homeowners with a mortgage pay $1,900 a month in housing costs.

Median home value

Fairlee$274,200
Vermont$316,600
United States$332,700

Median monthly rent

Fairlee$1,083
Vermont$1,234
United States$1,413

Fairlee median household income

The median household income in Fairlee is $74,760 and the income per person is $40,370. 14.7% of residents live below the poverty line (Vermont: 10.1%).

Median household income

Fairlee$74,760
Vermont$81,203
United States$80,734

Housing in Fairlee: homes for sale and rent

Housing units
649
Owner-occupied
80.9%
Renter-occupied
19.1%
Vacant
21.9%Includes seasonal homes
Median year built
1972
Average household size
2.07

Fairlee demographics

Population
1,066
Median age
56.2
Under 18
12.2%
65 and older
33.4%
Households
507
Foreign-born
4.5%
Veterans
7.3%Adults 18+

Race and ethnicity

White90.9%
Hispanic or Latino3.7%
Black0.1%
Asian2.1%

Hispanic or Latino can be of any race. Population history of Fairlee ›

Education in Fairlee

46.5% of adults 25 and older in Fairlee have a bachelor's degree or higher (Vermont: 43.8%), and 14.8% have a graduate or professional degree.

Bachelor's degree or higher

Fairlee46.5%
Vermont43.8%
United States35.7%

Jobs and commute in Fairlee

Unemployment rate
0.7%State: 3.6%
Average commute
24 minState: 24 min
Work from home
15%
Drive alone
72.8%
Public transit
0%
Walk to work
2.3%
Homes with broadband
87%

Fairlee vs nearby towns

TownPopulationMedian incomeHome valueRent
Fairlee1,066$74,760$274,200$1,083
West Fairlee711$76,500$237,200$1,113
Thetford2,813$88,045$329,500$1,141
Bradford2,827$108,162$258,600$1,221
Orford1,295$92,571$271,900$1,263
Vershire842$71,618$209,100$1,117
Lyme1,710$133,906$645,000$1,418
Piermont868$80,000$341,600$1,199
Strafford1,372$110,833$431,300$1,125

More for people moving to Fairlee

Fairlee ZIP code ›Weather and climate ›

Living in Fairlee: FAQ

What is the median household income in Fairlee, VT?

The median household income in Fairlee is $74,760, 8% lower than the Vermont median of $81,203 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Fairlee?

The median home value in Fairlee is $274,200, compared with $316,600 in Vermont.

How much is rent in Fairlee?

The median gross rent in Fairlee is $1,083 per month, about 45.4% of household income.

Is Fairlee, VT a good place to live?

Pluses: home values 13% lower than the state median; unemployment of 0.7%. Minuses: median household income 8% lower than the Vermont median; an average commute of 24 minutes; a poverty rate of 14.7%.

What is the median age in Fairlee?

The median age in Fairlee is 56.2 years (Vermont: 43.1).

How long is the commute in Fairlee?

The average commute to work in Fairlee is 24 minutes; 15% of workers work from home.

What is the unemployment rate in Fairlee?

The unemployment rate in Fairlee is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Fairlee?

46.5% of adults in Fairlee have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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