Cost of Living & Housing in Killington
Killington's cost of living centers on a genuinely second-home-dominated housing market and a genuinely extreme nominal property tax rate, alongside a real, disclosed workforce-housing crisis worth understanding directly.
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Learn moreA genuinely second-home-dominated housing market
Killington's own housing stock (approximately 2,651 units) runs dramatically larger relative to its small year-round population (approximately 1,379) than a typical Vermont town, with a cited 83.4% home vacancy rate -- the highest of any Vermont town with a real year-round population. A trailing-12-month median sale price of $405,000 (down 10% YoY) ran meaningfully below a distinct July 2026 median list price of $574,000, a real, disclosed gap between recent closed sales and current asking prices (base record).
A genuinely extreme nominal property tax rate, with real context
Killington's FY2026 education rate ($3.3006 per $100 of assessed value) is the highest nominal rate of any Vermont municipality -- but this record discloses the real mechanism behind that figure: Killington's own Common Level of Appraisal (38.32% for FY2027) is the LOWEST in Vermont, meaning assessed values run at only about 38% of true market value, so the nominal rate is not directly comparable to this project's Ownwell-sourced effective rates used elsewhere (base record).
A real, disclosed workforce-housing affordability crisis
Killington Resort needs approximately 1,500 winter-season staff but offers on-site housing to only about 375 employees -- a real, disclosed, substantial shortfall that has reportedly left some seasonal workers sleeping in their cars for lack of affordable nearby rentals (base record).
A combined 7.0% sales tax and Vermont's high income tax
Killington's confirmed 1% Local Option Sales Tax (since October 2008) combines with Vermont's 6.00% statewide base rate for a 7.0% total, alongside Vermont's real, current graduated income tax topping out at an 8.75% marginal rate statewide (base record).
Key takeaways
- Killington's housing market runs genuinely second-home-dominated, with an 83.4% vacancy rate, the highest of any Vermont town with a real year-round population.
- Killington's nominal property tax rate is Vermont's highest, but its own unusually low Common Level of Appraisal (38.32%) means it is not directly comparable to other markets' effective rates.
- A real, disclosed workforce-housing shortage means Killington Resort can house only about a quarter of its own winter-season staffing need on-site.
- Killington's combined 7.0% sales tax and Vermont's 8.75% top income tax rate both apply.
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