Living in Newfane, Vermont
Cost of living, income, home prices, rent and demographics of Newfane · Census data 2020–2024
Newfane has 141 residents with a median age of 30.8. The median household income is $85,938 (6% higher than the Vermont median), the median home value is $347,400, the median rent is $1,083/month.
Newfane is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Newfane at a glance
- Population
- 141
- Median age
- 30.8State: 43.1
- Median household income
- $85,938State: $81,203
- Median home value
- $347,400State: $316,600
- Median rent
- $1,083/moState: $1,234
- Homeowners
- 75%
- Bachelor's degree or higher
- 64.9%
- Average commute
- 12 min
Is Newfane a good place to live?
Pros: Median household income 6% higher than the Vermont median; an average commute of 12 minutes.
Cons: Home values 10% higher than the state median; a poverty rate of 12.8%.
The weather is best in June to September.
Cost of living in Newfane
Housing is the biggest part of the cost of living. In Newfane the median home value is $347,400, 4% higher than the U.S. median. Renters pay a median of $1,083 per month, which is 23.1% of household income. Homeowners with a mortgage pay $2,411 a month in housing costs.
Newfane median household income
The median household income in Newfane is $85,938 and the income per person is $42,304. 12.8% of residents live below the poverty line (Vermont: 10.1%).
Housing in Newfane: homes for sale and rent
- Housing units
- 81
- Owner-occupied
- 75%
- Renter-occupied
- 25%
- Vacant
- 30.9%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.52
30.9% of homes are vacant most of the year, a sign that Newfane has many vacation and second homes.
Newfane demographics
- Population
- 141
- Median age
- 30.8
- Under 18
- 18.4%
- 65 and older
- 16.3%
- Households
- 56
- Foreign-born
- 4.3%
- Veterans
- 9.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Newfane ›
Education in Newfane
64.9% of adults 25 and older in Newfane have a bachelor's degree or higher (Vermont: 43.8%), and 6.2% have a graduate or professional degree.
Jobs and commute in Newfane
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 12 minState: 24 min
- Work from home
- 13.1%
- Drive alone
- 69.7%
- Public transit
- 0%
- Walk to work
- 6.1%
- Homes with broadband
- 80.4%
Newfane vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Newfane | 141 | $85,938 | $347,400 | $1,083 |
| Harmonyville | 151 | $69,205 | $307,700 | — |
| Brookline | 531 | $80,833 | $290,700 | $1,732 |
| Dummerston | 2,090 | $101,696 | $335,300 | $1,392 |
| Townshend | 1,538 | $78,750 | $287,200 | $1,074 |
| Putney | 2,622 | $79,706 | $300,000 | $508 |
| Wardsboro | 820 | $62,000 | $299,300 | $1,479 |
| Marlboro | 1,362 | $77,135 | $357,300 | $1,600 |
| Brattleboro | 12,122 | $58,241 | $257,300 | $1,074 |
More for people moving to Newfane
Newfane ZIP code ›Weather and climate ›Living in Newfane: FAQ
What is the median household income in Newfane, VT?
The median household income in Newfane is $85,938, 6% higher 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 Newfane?
The median home value in Newfane is $347,400, compared with $316,600 in Vermont.
How much is rent in Newfane?
The median gross rent in Newfane is $1,083 per month, about 23.1% of household income.
Is Newfane, VT a good place to live?
Pluses: median household income 6% higher than the Vermont median; an average commute of 12 minutes. Minuses: home values 10% higher than the state median; a poverty rate of 12.8%.
What is the median age in Newfane?
The median age in Newfane is 30.8 years (Vermont: 43.1).
How long is the commute in Newfane?
The average commute to work in Newfane is 12 minutes; 13.1% of workers work from home.
What is the unemployment rate in Newfane?
The unemployment rate in Newfane is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Newfane?
64.9% of adults in Newfane 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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