ZIP code 06488: income, home prices and cost of living

The median household income in ZIP 06488 is $107,266, which is 6% above the Connecticut median of $101,424 and 56% above the national figure. The typical home is valued at $359,600, and the median rent is $1,757/month. 86.2% of households own their home.

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

Median household income

$107,266

Connecticut average
$101,4246%
National
$68,75056%

Median home value

$359,600

Connecticut average
$333,4008%
National
$209,60072%

Median gross rent

$1,757

Connecticut average
$1,39026%
National
$98479%

Median age

51.5 yrs

Connecticut average
43.5 yrs19%
National
41.0 yrs26%

Homeownership rate

86.2%

Connecticut average
78.5%10%
National
75.8%14%

Bachelor's degree or higher

27.7%

Connecticut average
23.0%20%
National
15.9%74%

How ZIP 06488 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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Homes in 06488 typically sell around $359,600. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Connecticut

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What people search about ZIP 06488

Searches for the cost of living in 06488, the median household income in 06488, average rent in 06488 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 06488, 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.