Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Groton city, Connecticut?
City · Census ACS 5-Year estimates
The median home value in Groton city, Connecticut is $306,600 (±$25,626), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,250/month, and the median household income is $79,577/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Groton city, Connecticut
| Metric | Value |
|---|---|
| Median Home Value | $306,600 |
| Median Gross Rent | $1,250 |
| Median Household Income | $79,577 |
| Total Housing Units | 4,654 |
| Renter-Occupied Units | 2,540 |
| Renter-Occupied Share | 55% |
How does Groton city, Connecticut compare?
Median home value ranked against all cities in Connecticut.
Higher home value than 32% of cities in Connecticut · 141th of 205
| # | City | Value |
|---|---|---|
| 1 | Indian Field CDP | $2,000,001 |
| 1 | Tokeneke CDP | $2,000,001 |
| 1 | Rock Ridge CDP | $2,000,001 |
| … 137 more … | ||
| 141 | Groton city(you are here) | $306,600 |
| … 61 more … | ||
| 203 | Willimantic CDP | $190,900 |
| 204 | New Hartford Center CDP | $190,300 |
| 205 | Long Hill CDP (Southeastern Connecticut County) | $175,600 |
More data for Groton city, Connecticut
Frequently asked questions
What is the median home value in Groton city, Connecticut?
The median home value in Groton city, Connecticut is $306,600, 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 Groton city, Connecticut?
The median gross rent in Groton city, Connecticut is $1,250/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Groton city, Connecticut?
The median household income in Groton city, Connecticut is $79,577/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 $306,600 has a margin of error of ±$25,626. In very small areas, MOEs can be large relative to the estimate.
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