Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in ZCTA5 06031, Connecticut?
ZIP code · Census ACS 5-Year estimates
The median home value in ZCTA5 06031, Connecticut (ZIP 06031) is $464,500 (±$26,107), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,727/month, and the median household income is $106,875/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 06031
| Metric | Value |
|---|---|
| Median Home Value | $464,500 |
| Median Gross Rent | $1,727 |
| Median Household Income | $106,875 |
| Total Housing Units | 621 |
| Renter-Occupied Units | 113 |
| Renter-Occupied Share | 18% |
How does ZIP 06031 compare?
Median home value ranked against all ZIP codes in Connecticut.
Higher home value than 76% of ZIP codes in Connecticut · 65th of 271
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 06878 | $1,968,800 |
| 2 | ZCTA5 06820 | $1,822,400 |
| 3 | ZCTA5 06870 | $1,788,700 |
| … 61 more … | ||
| 65 | ZCTA5 06031(you are here) | $464,500 |
| … 203 more … | ||
| 269 | ZCTA5 06256 | $187,700 |
| 270 | ZCTA5 06120 | $184,400 |
| 271 | ZCTA5 06061 | $180,500 |
More data for ZIP 06031
Frequently asked questions
What is the median home value in ZCTA5 06031, Connecticut?
The median home value in ZCTA5 06031, Connecticut (ZIP 06031) is $464,500, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in ZCTA5 06031, Connecticut?
The median gross rent in ZCTA5 06031, Connecticut (ZIP 06031) is $1,727/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in ZCTA5 06031, Connecticut?
The median household income in ZCTA5 06031, Connecticut is $106,875/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 home value of $464,500 has a margin of error of ±$26,107. In very small areas, MOEs can be large relative to the estimate.
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