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Affordable
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These days, finding an affordable place to live in the 06831 area can be challenging. Home prices in 06831 are now at a median cost of $1,640,088, higher than the Connecticut average of $418,901.
The average cost of rent is $3,244/mo in 06831, primarily driven by the current value of real estate in the 06831 area. In 06831, 21.55% of households rent, and 39.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 06831 is $17,873 per month. Households that rent pay about 18.15% of their income on rent here. 06831’s most expensive areas are in the central regions, while the cheapest areas are in the southern 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
- 06830, CT: less expensive homes
- 10577, NY: equally priced homes
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- 10601, NY: less expensive homes
- 10580, NY: equally priced homes
Zip Codes with Similar Populations
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- 47960, IN: less expensive homes
- 48025, MI: less expensive homes
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