Housing decision brief
Naugatuck Valley Planning Region, CT Housing Market
Naugatuck Valley Planning Region screens as a below-state purchase price, below-state rent, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
2nd lowest home value out of 9 Connecticut counties with data | 3rd lowest rent out of 9
Median home value
$290,800
Purchase-price signal from Census ACS.
Median rent
$1,288/mo
Gross rent, including utilities where reported.
Monthly owner cost
$1,731/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
3.4x
Median home value divided by local household income.
Rent burden
31.0%
At or above the 30% burden threshold.
Rent vs own
$443/mo
Median rent screens below owner cost.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower purchase price
$290,800 median home value is 7% below Connecticut county median
Lower rent
$1,288/mo is 5% below Connecticut county median
What to Check
Lower income base
$86,365 median income is 1% below Connecticut county median
Tax rate needs attention
2.04% effective property-tax rate is 13% above Connecticut county median
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Remote earners or cash buyers looking below the state price line
Poor Fit For
- Households dependent on a deep local wage market
- Buyers focused only on purchase price and ignoring annual property tax
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Naugatuck Valley Planning Region is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $290,800 | $311,700 | $281,900 | 7% favorable7% below Connecticut county median |
Median gross rent Lower usually helps affordability. | $1,288 | $1,351 | $1,163 | 5% favorable5% below Connecticut county median |
Monthly owner cost Lower usually helps affordability. | $1,731 | $1,785 | $1,672 | Near state median3% below Connecticut county median |
Median household income | $86,365 | $87,564 | $74,755 | Near state median1% below Connecticut county median |
Effective property-tax rate Lower usually helps affordability. | 2.04% | 1.80% | 1.02% | 13% pressure13% above Connecticut county median |
Rent burden Lower usually helps affordability. | 31.00% | 30.00% | N/A | Near state median31.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$34,845
Median income minus rent threshold.
Owner cushion
+$12,179
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
For renters in Naugatuck Valley Planning Region, the market is affordable. Expect to pay around $1,288/month in gross rent, with 31.0% of renter households considered cost-burdened.
Rent vs own
The median rent in Naugatuck Valley Planning Region is $1,288/month, while owner costs run $1,731/month. Renting saves approximately $443/month.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $51,520/year. For owner costs at the 28% rule, the required income is roughly $74,186/year. With a median household income of $86,365, most households can comfortably afford rent here. Notably, 31.0% of renter households in Naugatuck Valley Planning Region are cost-burdened, spending more than 30% of income on housing.
Regional context
Within Connecticut, Naugatuck Valley Planning Region is less affordable than Capitol Planning Region by roughly 5% ($1,288/mo vs $1,351/mo).
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Southeastern Connecticut Planning Region, CT | $293,900 | $1,316/mo | Same-state comparison near $293,900 home value and $1,316/mo rent. |
| Capitol Planning Region, CT | $298,200 | $1,351/mo | Same-state comparison near $298,200 home value and $1,351/mo rent. |
| Northeastern Connecticut Planning Region, CT | $281,300 | $1,153/mo | Same-state comparison near $281,300 home value and $1,153/mo rent. |
| Northwest Hills Planning Region, CT | $311,700 | $1,169/mo | Same-state comparison near $311,700 home value and $1,169/mo rent. |
| South Central Connecticut Planning Region, CT | $328,300 | $1,463/mo | Same-state comparison near $328,300 home value and $1,463/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Naugatuck Valley Planning Region
Is Naugatuck Valley Planning Region affordable for buying a home?
Is renting or owning cheaper in Naugatuck Valley Planning Region?
How much income do you need for housing in Naugatuck Valley Planning Region?
What should I double-check before moving to Naugatuck Valley Planning Region?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.