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These days, finding an affordable place to live in the 06242 area can be challenging. Home prices in 06242 are now at a median cost of $352,773, lower than the Connecticut average of $418,901.
The average cost of rent is $1,111/mo in 06242, primarily driven by the current value of real estate in the 06242 area. In 06242, 13.96% of households rent, and 47.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 06242 is $8,246 per month. Households that rent pay about 13.48% of their income on rent here. 06242’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 06282, CT: higher priced homes
- 06278, CT: equally priced homes
- 06230, CT: higher priced homes
- 06259, CT: higher priced homes
- 06281, CT: higher priced homes
- 06235, CT: less expensive homes
- 06279, CT: less expensive homes
- 06247, CT: less expensive homes
- 06269, CT: less expensive homes
- 06260, CT: less expensive homes
Zip Codes with Similar Populations
- 98923, WA: less expensive homes
- 84542, UT: less expensive homes
- 79381, TX: less expensive homes
- 66020, KS: less expensive homes
- 72111, AR: less expensive homes
- 16563, PA: less expensive homes
- 47840, IN: less expensive homes
- 55954, MN: less expensive homes
- 55945, MN: less expensive homes
- 55310, MN: less expensive homes
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