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These days, finding an affordable place to live in the 06040 area can be challenging. Home prices in 06040 are now at a median cost of $198,244, lower than the Connecticut average of $357,181.
The average cost of rent is $1,224/mo in 06040, primarily driven by the current value of real estate in the 06040 area. While nearly 37.68% of residents own their homes outright in 06040, 44.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in 06040 is $6,677 per month. Households that rent pay about 18.33% of their income on rent here. 06040's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 06042, CT: equally priced homes
- 06118, CT: less expensive homes
- 06043, CT: higher priced homes
- 06033, CT: higher priced homes
- 06108, CT: less expensive homes
- 06074, CT: higher priced homes
- 06066, CT: equally priced homes
- 06103, CT: higher priced homes
- 06120, CT: less expensive homes
- 06073, CT: higher priced homes
Zip Codes with Similar Populations
- 11787, NY: higher priced homes
- 98607, WA: higher priced homes
- 90266, CA: higher priced homes
- 28607, NC: higher priced homes
- 77535, TX: less expensive homes
- 77477, TX: equally priced homes
- 06790, CT: less expensive homes
- 91340, CA: higher priced homes
- 94588, CA: higher priced homes
- 32547, FL: equally priced homes
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