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Lower Connecticut River Valley Planning Region Housing Market

Connecticut · 9 counties · Ranked #2827 in home value

Above National Avg

Housing at a Glance

Median Home Value

$359,000

vs national+$359,000 vs $281,900 national

Median Gross Rent

$1,399/mo

vs national+$1,399 vs $1,163 national

Effective Tax Rate

1.76%

vs national+1.76% vs 1.02% national

Median Household Income

$101,117

vs national+$101,117 vs $74,755 national

Affordability Ratio

3.6x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$6,326

Tax as % of Home Value

1.76%

Monthly Owner Cost

$1,825

Renter Income

$53,689

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Similar Counties by Home Value

Chesapeake city
Virginia
$359,100
Custer County
Colorado
$358,800
Orange County
Florida
$358,300
Manatee County
Florida
$359,800

Explore Related Data

Property Taxes
TaxByCounty.com
Income
IncomeByCounty.com
Cost of Living
CostByCounty.com
Overall Score
CountyScore.com

Frequently Asked Questions

What is the median home value in Lower Connecticut River Valley Planning Region?
The median home value in Lower Connecticut River Valley Planning Region is $359,000. This is above the national median of $281,900.
How much is rent in Lower Connecticut River Valley Planning Region?
The median gross rent in Lower Connecticut River Valley Planning Region is $1,399 per month.
What is the property tax rate in Lower Connecticut River Valley Planning Region?
The effective property tax rate in Lower Connecticut River Valley Planning Region is 1.76%. The median annual property tax bill is $6,326.
Is Lower Connecticut River Valley Planning Region affordable?
With a home-value-to-income ratio of 3.6x, Lower Connecticut River Valley 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.