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These days, finding an affordable place to live in the 06340 area can be challenging. Home prices in 06340 are now at a median cost of $286,875, lower than the Connecticut average of $418,901.
The average cost of rent is $1,562/mo in 06340, primarily driven by the current value of real estate in the 06340 area. In 06340, 55.29% of households rent, and 44.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 06340 is $7,208 per month. Households that rent pay about 21.67% of their income on rent here. 06340’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central 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
- 06320, CT: less expensive homes
- 06349, CT: higher priced homes
- 06355, CT: higher priced homes
- 06375, CT: higher priced homes
- 06385, CT: higher priced homes
- 06335, CT: higher priced homes
- 06390, NY: higher priced homes
- 06339, CT: higher priced homes
- 06378, CT: higher priced homes
- 06382, CT: equally priced homes
Zip Codes with Similar Populations
- 01923, MA: higher priced homes
- 43054, OH: higher priced homes
- 33755, FL: higher priced homes
- 32927, FL: equally priced homes
- 30533, GA: equally priced homes
- 30082, GA: higher priced homes
- 97070, OR: higher priced homes
- 20708, MD: higher priced homes
- 19958, DE: higher priced homes
- 17325, PA: equally priced homes
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