ZIP code 06716: income, home prices and cost of living

The median household income in ZIP 06716 is $113,214, which is 12% above the Connecticut median of $101,424 and 65% above the national figure. The typical home is valued at $287,600, and the median rent is $1,486/month. 86.8% of households own their home.

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

Median household income

$113,214

Connecticut average
$101,42412%
National
$68,75065%

Median home value

$287,600

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

Median gross rent

$1,486

Connecticut average
$1,3907%
National
$98451%

Median age

43.2 yrs

Connecticut average
43.5 yrs
National
41.0 yrs5%

Homeownership rate

86.8%

Connecticut average
78.5%11%
National
75.8%15%

Bachelor's degree or higher

21.9%

Connecticut average
23.0%5%
National
15.9%38%

How ZIP 06716 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.

Talk to a vetted advisor who serves your area

Local numbers only take you so far. Get matched with a fiduciary advisor who works with households in Connecticut.

Get matched with an advisor

Nearby ZIP codes in Connecticut

06712067100670806706067050670406759067620677006776

Or compare 06716 with 06712.

Run your own numbers

Cost of living calculatorBudget calculatorMortgage calculator

See every local figure on the Connecticut money guide.

What people search about ZIP 06716

Searches for the cost of living in 06716, the median household income in 06716, average rent in 06716 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.

  • cost of living in 06716
  • median household income in 06716
  • home values in 06716
  • average rent in 06716
  • property tax in 06716
  • housing market in 06716

Methodology

Figures describe ZIP Code Tabulation Area 06716, 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.