ZIP code 06016: income, home prices and cost of living

The median household income in ZIP 06016 is $109,954, which is 8% above the Connecticut median of $101,424 and 60% above the national figure. The typical home is valued at $286,400, and the median rent is $1,520/month. 70.8% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$109,954

Connecticut average
$101,4248%
National
$68,75060%

Median home value

$286,400

Connecticut average
$333,40014%
National
$209,60037%

Median gross rent

$1,520

Connecticut average
$1,3909%
National
$98454%

Median age

41.1 yrs

Connecticut average
43.5 yrs5%
National
41.0 yrs

Homeownership rate

70.8%

Connecticut average
78.5%10%
National
75.8%7%

Bachelor's degree or higher

25.3%

Connecticut average
23.0%10%
National
15.9%59%

How ZIP 06016 compares with Connecticut and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Nearby ZIP codes in Connecticut

06013060190601006026060290600206001060320603306035

Or compare 06016 with 06013.

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What people search about ZIP 06016

Searches for the cost of living in 06016, the median household income in 06016, average rent in 06016 and home values in this part of Connecticut all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 06016, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.