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These days, finding an affordable place to live in the 06716 area can be challenging. Home prices in 06716 are now at a median cost of $266,536, lower than the Connecticut average of $357,181.
The average cost of rent is $1,458/mo in 06716, primarily driven by the current value of real estate in the 06716 area. While nearly 31.08% of residents own their homes outright in 06716, 15.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in 06716 is $8,819 per month. Households that rent pay about 16.54% of their income on rent here. 06716's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 06704, CT: less expensive homes
- 06705, CT: less expensive homes
- 06444, CT: equally priced homes
- 06710, CT: less expensive homes
- 06702, CT: less expensive homes
- 06479, CT: equally priced homes
- 06467, CT: equally priced homes
- 06706, CT: less expensive homes
- 06708, CT: less expensive homes
- 06779, CT: less expensive homes
Zip Codes with Similar Populations
- 37763, TN: less expensive homes
- 03842, NH: higher priced homes
- 12019, NY: higher priced homes
- 45640, OH: less expensive homes
- 17801, PA: less expensive homes
- 48624, MI: less expensive homes
- 33412, FL: higher priced homes
- 74429, OK: less expensive homes
- 32669, FL: less expensive homes
- 29388, SC: less expensive homes
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