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Capitol Planning Region Housing Market

Connecticut · 9 counties · Ranked #2646 in home value

Above National Avg

Housing at a Glance

Median Home Value

$298,200

vs national+$298,200 vs $281,900 national

Median Gross Rent

$1,351/mo

vs national+$1,351 vs $1,163 national

Effective Tax Rate

2.14%

vs national+2.14% vs 1.02% national

Median Household Income

$91,541

vs national+$91,541 vs $74,755 national

Affordability Ratio

3.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$6,390

Tax as % of Home Value

2.14%

Monthly Owner Cost

$1,785

Renter Income

$48,417

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Frequently Asked Questions

What is the median home value in Capitol Planning Region?

The median home value in Capitol Planning Region is $298,200. This is above the national median of $281,900.

How much is rent in Capitol Planning Region?

The median gross rent in Capitol Planning Region is $1,351 per month.

What is the property tax rate in Capitol Planning Region?

The effective property tax rate in Capitol Planning Region is 2.14%. The median annual property tax bill is $6,390.

Is Capitol Planning Region affordable?

With a home-value-to-income ratio of 3.3x, Capitol Planning Region is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.