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These days, finding an affordable place to live in the 06704 area can be challenging. Home prices in 06704 are now at a median cost of $193,023, lower than the Connecticut average of $418,901.
The average cost of rent is $1,284/mo in 06704, primarily driven by the current value of real estate in the 06704 area. In 06704, 55.57% of households rent, and 45.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 06704 is $4,320 per month. Households that rent pay about 29.73% of their income on rent here. 06704’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern 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
- 06710, CT: higher priced homes
- 06702, CT: higher priced homes
- 06708, CT: higher priced homes
- 06705, CT: equally priced homes
- 06706, CT: higher priced homes
- 06716, CT: higher priced homes
- 06779, CT: higher priced homes
- 06795, CT: higher priced homes
- 06444, CT: higher priced homes
- 06762, CT: higher priced homes
Zip Codes with Similar Populations
- 34714, FL: higher priced homes
- 01803, MA: higher priced homes
- 35613, AL: higher priced homes
- 91010, CA: higher priced homes
- 21204, MD: higher priced homes
- 17315, PA: higher priced homes
- 60487, IL: higher priced homes
- 53403, WI: less expensive homes
- 48433, MI: higher priced homes
- 48085, MI: higher priced homes
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