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Northeastern Connecticut Planning Region Housing Market

Connecticut · 9 counties · Ranked #2559 in home value

Below National Avg

Housing at a Glance

Median Home Value

$281,300

vs national$281,300 vs $281,900 national

Median Gross Rent

$1,153/mo

vs national$1,153 vs $1,163 national

Effective Tax Rate

1.54%

vs national+1.54% vs 1.02% national

Median Household Income

$87,564

vs national+$87,564 vs $74,755 national

Affordability Ratio

3.2x

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

Rent Burden

27.0%

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

More Housing Data

Property Tax (Median)

$4,340

Tax as % of Home Value

1.54%

Monthly Owner Cost

$1,607

Renter Income

$50,463

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Similar Counties by Home Value

Hood County
Texas
$281,300
Augusta County
Virginia
$281,400
Clay County
Florida
$281,500
Hendricks County
Indiana
$281,500

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 Northeastern Connecticut Planning Region?
The median home value in Northeastern Connecticut Planning Region is $281,300. This is below the national median of $281,900.
How much is rent in Northeastern Connecticut Planning Region?
The median gross rent in Northeastern Connecticut Planning Region is $1,153 per month.
What is the property tax rate in Northeastern Connecticut Planning Region?
The effective property tax rate in Northeastern Connecticut Planning Region is 1.54%. The median annual property tax bill is $4,340.
Is Northeastern Connecticut Planning Region affordable?
With a home-value-to-income ratio of 3.2x, Northeastern Connecticut 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.