Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 06418, Connecticut?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 06418, Connecticut (ZIP 06418) is $1,452/month (±$95), based on Census ACS 5-Year estimates (2024). The median home value is $258,500 (±$20,850), and the median household income is $78,542/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 06418
| Metric | Value |
|---|---|
| Median Gross Rent | $1,452 |
| Median Home Value | $258,500 |
| Median Household Income | $78,542 |
| Total Housing Units | 5,850 |
| Renter-Occupied Units | 2,249 |
| Renter-Occupied Share | 38% |
| Households Paying 50%+ Income | 711 households |
How does ZIP 06418 compare?
Median gross rent ranked against all ZIP codes in Connecticut.
Higher rent than 51% of ZIP codes in Connecticut · 123th of 247
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 06878 | $3,501 |
| 1 | ZCTA5 06883 | $3,501 |
| 1 | ZCTA5 06481 | $3,501 |
| … 119 more … | ||
| 123 | ZCTA5 06418(you are here) | $1,452 |
| … 121 more … | ||
| 245 | ZCTA5 06750 | $703 |
| 246 | ZCTA5 06757 | $687 |
| 247 | ZCTA5 06762 | $398 |
Geography
ZIP 06418 is in New Haven County, Connecticut.
It covers part of Derby city, Connecticut.
More data for ZCTA5 06418
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Frequently asked questions
What is the average rent in ZCTA5 06418, Connecticut?
The median gross rent in ZCTA5 06418, Connecticut (ZIP 06418) is $1,452/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 06418, Connecticut?
The median rent for a 2-bedroom in ZCTA5 06418, Connecticut is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 06418, Connecticut?
The median home value in ZCTA5 06418, Connecticut (ZIP 06418) is $258,500 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 06418 are rent-burdened?
In ZCTA5 06418, Connecticut, 711 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 06418, Connecticut?
The median household income in ZCTA5 06418, Connecticut is $78,542/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,452 has a margin of error of ±$95. In very small areas, MOEs can be large relative to the estimate.
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