| Official Name: | Grafton, Vermont |
| Settlement Type: | Census-designated place |
| Pushpin Map: | Vermont#USA |
| Pushpin Label: | Grafton |
| Pushpin Label Position: | bottom |
| Coordinates: | 43.1725°N -72.6086°W |
| Subdivision Type: | Country |
| Subdivision Name: | United States |
| Subdivision Type1: | State |
| Subdivision Name1: | Vermont |
| Subdivision Type2: | County |
| Subdivision Name2: | Windham |
| Subdivision Type3: | Town |
| Subdivision Name3: | Grafton |
| Area Footnotes: | [1] |
| Area Total Km2: | 0.34 |
| Area Land Km2: | 0.34 |
| Area Water Km2: | 0.0 |
| Population As Of: | 2020 |
| Population Footnotes: | [2] |
| Population: | 49 |
| Timezone: | Eastern (EST) |
| Utc Offset: | -5 |
| Timezone Dst: | EDT |
| Utc Offset Dst: | -4 |
| Elevation M: | 261 |
| Postal Code Type: | ZIP Code |
| Postal Code: | 05146 |
| Area Code: | 802 |
| Blank Name: | FIPS code |
| Blank Info: | 50-28825 |
| Blank1 Name: | GNIS feature ID |
| Blank1 Info: | 2807160 |
Grafton is the central village and a census-designated place (CDP) in the town of Grafton, Windham County, Vermont, United States. As of the 2020 census, it had a population of 49,[2] compared to 645 in the entire town.
The CDP is in northern Windham County, southeast of the center of Grafton. It sits in the valley of the Saxtons River, where it is joined by its South Branch. The Saxtons is an east-flowing tributary of the Connecticut River.
Vermont Route 121 serves as Grafton's Main Street. It leads southeast to Bellows Falls on the Connecticut River and northwest to Londonderry. Vermont Route 35 (Chester Hill Road) runs north out of Grafton, leading 7miles to Chester. Route 35 joins Route 121 east out of Grafton but later turns south and leads a total of to Townshend.