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These days, finding an affordable place to live in the Groton Long Point area can be challenging. Home prices in Groton Long Point are now at a median cost of $940,300, higher than the Connecticut average of $418,901.
The average cost of rent is $2,750/mo in Groton Long Point, primarily driven by the current value of real estate in the Groton Long Point area. In Groton Long Point, 8.92% of households rent, and 59.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Groton Long Point is $14,672 per month. Households that rent pay about 18.74% of their income on rent here. Groton Long Point’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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