Everything You Should Know Before Moving to Chipman Lake, VT
Thinking of moving to Chipman Lake, VT? With a small, close-knit population of about 250, this lakeside rural community offers affordable living, with median home prices around $295,000 and average rents at $1,120. Enjoy a low crime rate (violent crime: 69 per 100k), short average commutes of 24 minutes, and easy access to outdoor recreation. Local schools are highly rated, and the region features beautiful Vermont seasons with mild summers and snowy winters, making it ideal for those seeking tranquility and a scenic lifestyle.
Demographics - Chipman Lake, VT
Demographics - Chipman Lake, VT
Chipman Lake, VT is a small, close-knit community of about 250 residents, with a median age of 46.1 and a predominantly White population. The area has a balanced gender ratio and a very low percentage of non-English speakers, making it a welcoming and accessible place for newcomers.
Population:
Approx. 250
Density:
15 per sq mi
Median Age:
46.1
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
2.1%
Ethnic Composition
White:
96.8%
Black:
0.8%
Asian:
0.6%
Others:
1.8%
Cost Of Living
What is the average cost of living in Chipman Lake, VT?
Living in Chipman Lake is moderately affordable, with a median home value of $295,000 and average rents around $1,120. The cost of living index is slightly above the national average, but housing costs remain competitive compared to many regions in Vermont.
Median House Value:
$295,000
Gross Rent:
$1,120
Monthly Electricity Charges:
$118
Auto Insurance:
$1,010
House Owner Cost With Mortgage:
$1,420
House Owner Cost Without Mortgage:
$540
State Taxes:
Low:
3.35%
|
High:
8.75%
Cost Of Living Index:
108.4
Grocery:
105.2
Housing:
92.1
Utilities:
110.8
Transportation:
104.9
Health Care:
109.3
Miscellaneous:
103.5
Crime
Is Chipman Lake, VT a safe place to live?
Chipman Lake experiences very low crime, with just 69 violent crimes per 100,000 people and a property crime rate of 1,048 per 100,000. Residents enjoy a strong sense of safety, with the chance of violent crime being just 1 in 1,450.
Violent Crimes Per 100k:
69
Property Crimes Per 100k:
1,048
Crime Index:
1,117
Chance Of Violent Crime:
1 in 1,450
Chance Of Property Crime:
1 in 95
Weather
What is the weather like in Chipman Lake, VT year-round?
The city enjoys distinct Vermont seasons, featuring warm summers with highs near 80°F and cold, snowy winters with lows around 8°F. With over half the year being sunny and an average annual rainfall of 37.9 inches, Chipman Lake is ideal for those who appreciate varied weather and outdoor activities.
Winter
Min:
8°F
Max:
29°F
Spring
Min:
32°F
Max:
62°F
Summer
Min:
55°F
Max:
80°F
Fall
Min:
34°F
Max:
62°F
Average Rainfall Inches:
37.9 inches
Sunny Days Percentage:
53%
Neighbors
Chipman Lake households have a median income of $62,400 and a low poverty rate of 7.8%, reflecting a stable local economy. Most residents commute about 24 minutes to work, and the area boasts a high educational attainment with over 93% having at least a high school diploma.
Median Income:
$35,700
Household Income:
$62,400
Family Income:
$71,600
Per Capita Income:
$33,800
Income Male:
$41,900
Income Female:
$34,400
Poverty Rate:
7.8%
Non English Speakers:
2.1%
Rent:
$1,120
Unemployment Rate:
2.6%
Public Transport Usage:
0.6%
Commute Time:
24.1 minutes
Education
High School or Higher:
93.4%
Bachelors or More:
38.7%
Education
How are the schools in Chipman Lake, VT?
Local education is well-supported, with highly rated public and private schools like Orwell Village School and St. Mary’s School, and a favorable student-teacher ratio. Higher education opportunities are close by at Middlebury College, just 17 miles from Chipman Lake.
Public Schools
Name:
Orwell Village School
Street:
494 Main Street, Orwell, VT 05760
Phone:
802-948-2871
Students:
145
Student Teacher Ratio:
11.2
Private Schools
Name:
St. Mary's School
Street:
86 Shannon St, Middlebury, VT 05753
Phone:
802-388-8392
Students:
130
Colleges
Name:
Middlebury College
City:
Middlebury
State:
VT
Distance:
17 miles
Students:
2,800
Healthcare
Residents have access to quality healthcare, including nearby Porter Medical Center and Rutland Regional Medical Center, both offering emergency services. The community enjoys a high health insurance coverage rate of 96.2% and 2.5 physicians per 1,000 people, ensuring good medical support.
Major Hospitals
Name:
Porter Medical Center
Address:
115 Porter Dr, Middlebury, VT 05753
Phone:
(802) 388-4701
Type:
General & Surgical
Emergency Services:
Yes
Name:
Rutland Regional Medical Center
Address:
160 Allen St, Rutland, VT 05701
Phone:
(802) 775-7111
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.5
Health Insurance Coverage:
96.2%
Health Care Index:
76.4
Housing Market
What is the housing market like in Chipman Lake, VT?
The housing market in Chipman Lake is predominantly owner-occupied, with 81.5% of homes owned and a median price of $295,000. Rental options are available with an average two-bedroom rent of $1,120 and a low foreclosure rate of 0.3%, making it attractive for both buyers and renters.
Median Home Price:
$295,000
Average Rent For 2 Bedroom:
$1,120
Owner Occupied Rate:
81.5%
Rental Vacancy Rate:
4.6%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
0.8%
Foreclosure Rate:
0.3%
DMV Information
Residents of Chipman Lake are served by the Vermont Department of Motor Vehicles, conveniently located in Montpelier. DMV services are accessible both in person and online for licensing, registration, and other motor vehicle needs.
State:
Vermont
Department:
Vermont Department of Motor Vehicles
Address:
120 State Street, Montpelier, VT 05603
Phone:
802-828-2000
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.