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These days, finding an affordable place to live in the 06481 area can be challenging. Home prices in 06481 are now at a median cost of $283,950, lower than the Connecticut average of $357,181.
The average cost of rent is $3,501/mo in 06481, primarily driven by the current value of real estate in the 06481 area. While nearly 23.10% of residents own their homes outright in 06481, 19.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in 06481 is $6,917 per month. Households that rent pay about 50.61% of their income on rent here. 06481's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 06455, CT: equally priced homes
- 06457, CT: less expensive homes
- 06450, CT: less expensive homes
- 06422, CT: higher priced homes
- 06416, CT: equally priced homes
- 06023, CT: equally priced homes
- 06480, CT: equally priced homes
- 06451, CT: less expensive homes
- 06037, CT: higher priced homes
- 06414, CT: equally priced homes
Zip Codes with Similar Populations
- 61943, IL: less expensive homes
- 38381, TN: less expensive homes
- 40510, KY: higher priced homes
- 42461, KY: less expensive homes
- 43347, OH: less expensive homes
- 43746, OH: less expensive homes
- 45333, OH: less expensive homes
- 47666, IN: less expensive homes
- 48652, MI: less expensive homes
- 02807, RI: higher priced homes
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