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These days, finding an affordable place to live in the 06016 area can be challenging. Home prices in 06016 are now at a median cost of $267,935, lower than the Connecticut average of $357,181.
The average cost of rent is $1,374/mo in 06016, primarily driven by the current value of real estate in the 06016 area. While nearly 28.88% of residents own their homes outright in 06016, 22.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in 06016 is $8,312 per month. Households that rent pay about 16.53% of their income on rent here. 06016's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
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Zip Codes with Similar Populations
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