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Naugatuck Valley Planning Region Housing Market

Connecticut · 9 counties · Ranked #2614 in home value

Above National Avg

Housing at a Glance

Median Home Value

$290,800

vs national+$290,800 vs $281,900 national

Median Gross Rent

$1,288/mo

vs national+$1,288 vs $1,163 national

Effective Tax Rate

2.04%

vs national+2.04% vs 1.02% national

Median Household Income

$86,365

vs national+$86,365 vs $74,755 national

Affordability Ratio

3.4x

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

Rent Burden

31.0%

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

More Housing Data

Property Tax (Median)

$5,926

Tax as % of Home Value

2.04%

Monthly Owner Cost

$1,731

Renter Income

$45,017

Frequently Asked Questions

What is the median home value in Naugatuck Valley Planning Region?
The median home value in Naugatuck Valley Planning Region is $290,800. This is above the national median of $281,900.
How much is rent in Naugatuck Valley Planning Region?
The median gross rent in Naugatuck Valley Planning Region is $1,288 per month.
What is the property tax rate in Naugatuck Valley Planning Region?
The effective property tax rate in Naugatuck Valley Planning Region is 2.04%. The median annual property tax bill is $5,926.
Is Naugatuck Valley Planning Region affordable?
With a home-value-to-income ratio of 3.4x, Naugatuck 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.