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These days, finding an affordable place to live in the 06488 area can be challenging. Home prices in 06488 are now at a median cost of $296,846, lower than the Connecticut average of $357,181.
The average cost of rent is $1,688/mo in 06488, primarily driven by the current value of real estate in the 06488 area. While nearly 39.87% of residents own their homes outright in 06488, 11.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in 06488 is $9,345 per month. Households that rent pay about 18.06% of their income on rent here. 06488's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 06482, CT: higher priced homes
- 06798, CT: higher priced homes
- 06478, CT: higher priced homes
- 06783, CT: higher priced homes
- 06762, CT: higher priced homes
- 06470, CT: higher priced homes
- 06752, CT: higher priced homes
- 06770, CT: less expensive homes
- 06403, CT: less expensive homes
- 06804, CT: higher priced homes
Zip Codes with Similar Populations
- 93927, CA: higher priced homes
- 78584, TX: less expensive homes
- 11937, NY: higher priced homes
- 14420, NY: less expensive homes
- 49456, MI: less expensive homes
- 38555, TN: less expensive homes
- 75235, TX: less expensive homes
- 27596, NC: less expensive homes
- 32444, FL: less expensive homes
- 53589, WI: equally priced homes
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