Population 3,955 · Census ACS 2020–24
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Population and households in Exchange Place
Household size in Exchange Place
| Period | Exchange Place | Waterbury | New Haven area | Connecticut | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 2.17 | 2.53 | 2.55 | 2.57 | 2.68 |
| 2010–14 | 2.27 | 2.68 | 2.60 | 2.61 | 2.73 |
| 2015–19 | 1.99 | 2.62 | 2.55 | 2.57 | 2.71 |
| 2020–24 | 2.02 | 2.59 | 2.53 | 2.55 | 2.65 |
| Change | −0.15 | +0.06 | −0.02 | −0.02 | −0.03 |
Households in Exchange Place are small: just 2.02 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Household size has dropped from 2.17 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Exchange Place
| Period | Exchange Place | Waterbury | New Haven area | Connecticut | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 38.2 | 35.4 | 39.4 | 40.0 | 37.7 |
| 2010–14 | 42.6 | 36.0 | 40.3 | 41.0 | 38.6 |
| 2015–19 | 44.8 | 36.5 | 41.4 | 42.0 | 39.6 |
| 2020–24 | 46.0 | 37.9 | 41.7 | 42.1 | 40.1 |
| Change | +7.8 | +2.4 | +2.3 | +2.1 | +2.3 |
With a median age of 46.0, Exchange Place is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Exchange Place
| Period | Exchange Place | Waterbury | New Haven area | Connecticut | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 21.9% | 21.3% | 12.7% | 11.2% | 12.3% |
| 2010–14 | 20.8% | 20.5% | 12.4% | 11.6% | 12.3% |
| 2015–19 | 15.3% | 19.4% | 12.0% | 10.8% | 11.6% |
| 2020–24 | 19.4% | 23.2% | 13.5% | 11.4% | 11.6% |
| Change | −2.6 pts | +1.9 pts | +0.8 pts | +0.2 pts | −0.6 pts |
Single-parent households are common in Exchange Place: 19.4% of all households, against 11.6% nationally. Still, single parents are less common here than in Waterbury as a whole (23.2%).
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Exchange Place
Renters in Exchange Place
| Period | Exchange Place | Waterbury | New Haven area | Connecticut | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 91.2% | 50.5% | 34.7% | 30.8% | 33.3% |
| 2010–14 | 90.6% | 53.3% | 36.8% | 32.7% | 35.6% |
| 2015–19 | 92.5% | 58.6% | 38.2% | 33.9% | 36.0% |
| 2020–24 | 92.3% | 52.8% | 37.6% | 33.5% | 34.8% |
| Change | +1.0 pts | +2.2 pts | +2.9 pts | +2.7 pts | +1.5 pts |
Most households in Exchange Place rent: 92.3% of occupied homes are rented, far above the national share of 34.8%. Expect more apartments, and more turnover, than in owner-heavy areas. Among owners, 46.0% have paid off their mortgages, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Exchange Place
| Period | Exchange Place | Waterbury | New Haven area | Connecticut | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 18.3% | 11.4% | 9.1% | 8.8% | 11.4% |
| 2010–14 | 23.6% | 15.1% | 10.6% | 9.5% | 11.4% |
| 2015–19 | 19.4% | 14.5% | 10.8% | 10.2% | 11.1% |
| 2020–24 | 9.1% | 9.8% | 8.0% | 7.9% | 9.6% |
| Change | −9.1 pts | −1.6 pts | −1.2 pts | −0.9 pts | −1.8 pts |
Vacancy in Exchange Place is close to the national rate: 9.1% of homes are empty, against 9.6%.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Exchange Place
| Period | Exchange Place | Waterbury | New Haven area | Connecticut | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 1947 | 1956 | 1961 | 1963 | 1974 |
| 2010–14 | 1948 | 1957 | 1961 | 1964 | 1975 |
| 2015–19 | 1947 | 1957 | 1961 | 1964 | 1977 |
| 2020–24 | 1948 | 1958 | 1964 | 1967 | 1980 |
| Change | +0 | +2 | +3 | +4 | +6 |
Exchange Place is a place of older homes: half were built before 1948, while the national median is 1980. That means established neighborhoods, and more houses that may need updating.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Exchange Place
| Period | Exchange Place | Waterbury | New Haven area | Connecticut | U.S. |
|---|---|---|---|---|---|
| 2006–10 | $609 | $871 | $1,093 | $1,127 | $965 |
| 2010–14 | $657 | $927 | $1,175 | $1,218 | $1,040 |
| 2015–19 | $722 | $1,008 | $1,288 | $1,380 | $1,213 |
| 2020–24 | $966 | $1,299 | $1,584 | $1,702 | $1,571 |
| Change | +$357 | +$428 | +$491 | +$575 | +$606 |
A typical rental in Exchange Place costs $966 a month with utilities, well below the national median of $1,571. Rent takes 38.3% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Exchange Place
Bachelor's degrees in Exchange Place
| Period | Exchange Place | Waterbury | New Haven area | Connecticut | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 10.9% | 16.4% | 31.6% | 35.5% | 28.4% |
| 2010–14 | 10.9% | 15.9% | 33.1% | 37.0% | 29.6% |
| 2015–19 | 6.9% | 15.6% | 34.5% | 39.2% | 32.1% |
| 2020–24 | 9.1% | 18.1% | 38.5% | 42.3% | 35.6% |
| Change | −1.9 pts | +1.8 pts | +6.9 pts | +6.8 pts | +7.2 pts |
Fewer adults in Exchange Place have a four-year degree than in the country as a whole: 9.1%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Exchange Place
| Period | Exchange Place | Waterbury | New Haven area | Connecticut | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 54.3% | 77.8% | 87.4% | 88.1% | 84.9% |
| 2010–14 | 60.1% | 79.0% | 88.4% | 89.2% | 86.1% |
| 2015–19 | 58.3% | 79.2% | 89.6% | 90.4% | 87.7% |
| 2020–24 | 63.9% | 81.5% | 90.6% | 91.2% | 89.3% |
| Change | +9.6 pts | +3.6 pts | +3.2 pts | +3.1 pts | +4.3 pts |
More than a third of adults in Exchange Place never finished high school, well above the national share: only 63.9% have a diploma or equivalent, against 89.3% nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Exchange Place
| Period | Exchange Place | Waterbury | New Haven area | Connecticut | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 19.0% | 12.9% | 8.5% | 7.8% | 8.1% |
| 2010–14 | 15.7% | 14.4% | 10.7% | 9.7% | 9.4% |
| 2015–19 | 22.3% | 10.2% | 6.7% | 6.2% | 5.6% |
| 2020–24 | 15.4% | 9.5% | 6.4% | 5.6% | 5.4% |
| Change | −3.5 pts | −3.5 pts | −2.2 pts | −2.1 pts | −2.7 pts |
Finding work has been harder in Exchange Place: 15.4% of the labor force was out of work and looking, well above the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Exchange Place compared with nearby neighborhoods
| Neighborhood | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Exchange Place | 2.02 | 46.0 | 19.4% | 92.3% | 9.1% | 1948 | $966 | 9.1% | 63.9% | 15.4% |
| Cass Gilbert | 2.48 | 38.4 | 33.6% | 81.1% | 14.4% | 1950 | $1,088 | 8.5% | 73.6% | 11.9% |
| Walnut Orange Walsh | 2.66 | 36.7 | 23.9% | 70.5% | 12.8% | 1944 | $1,372 | 15.3% | 74.5% | 18.1% |
| North Square | 2.77 | 35.5 | 35.0% | 62.5% | 8.5% | 1949 | $1,294 | 10.8% | 72.2% | 13.6% |
| Federal Hill Historic District | 2.48 | 36.0 | 20.4% | 63.6% | 10.8% | 1955 | $1,374 | 23.1% | 88.3% | 8.5% |
| Hamden Plains | 2.36 | 35.5 | 26.8% | 60.2% | 11.1% | 1961 | $1,657 | 44.8% | 92.5% | 8.4% |
| Spring Glen | 2.59 | 43.7 | 6.3% | 20.6% | 9.8% | 1943 | $1,533 | 79.1% | 99.0% | 4.1% |
| Pine Rock | 2.48 | 40.3 | 14.2% | 14.1% | 6.6% | 1958 | $1,592 | 34.3% | 96.7% | 3.9% |
| Downtown New Britain | 2.54 | 32.8 | 21.1% | 74.2% | 13.1% | 1942 | $1,191 | 13.0% | 77.2% | 9.2% |
| City Hall Monument District | 2.38 | 36.0 | 21.6% | 79.4% | 11.0% | 1949 | $1,137 | 12.7% | 78.1% | 9.2% |
| Amity | 2.60 | 35.6 | 25.7% | 57.2% | 7.5% | 1953 | $1,251 | 25.7% | 83.8% | 12.6% |
All figures 2020–24.
Neighborhoods with similar populations: Victory, Minneapolis, MN · Chadwick Manor, Woodlawn, MD · Dam Neck Naval Air Station, Virginia Beach, VA · East Shore, East Haven, CT · El Miradero, Glendale, CA · Fairlane, Kansas City, MO · Far Northeast-Huffman, Huffman, TX · Fern Bluff, Brushy Creek, TX · Forest Ridge-Quail Hollow, Dayton, OH · Frenchtown, Westbrook, ME
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Exchange Place. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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