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Northwest Hills Planning Region Housing Market

Connecticut · 9 counties · Ranked #2689 in home value

Above National Avg

Housing at a Glance

Median Home Value

$311,700

vs national+$311,700 vs $281,900 national

Median Gross Rent

$1,169/mo

vs national+$1,169 vs $1,163 national

Effective Tax Rate

1.80%

vs national+1.80% vs 1.02% national

Median Household Income

$91,035

vs national+$91,035 vs $74,755 national

Affordability Ratio

3.4x

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

Rent Burden

27.0%

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

More Housing Data

Property Tax (Median)

$5,609

Tax as % of Home Value

1.80%

Monthly Owner Cost

$1,646

Renter Income

$51,554

Frequently Asked Questions

What is the median home value in Northwest Hills Planning Region?
The median home value in Northwest Hills Planning Region is $311,700. This is above the national median of $281,900.
How much is rent in Northwest Hills Planning Region?
The median gross rent in Northwest Hills Planning Region is $1,169 per month.
What is the property tax rate in Northwest Hills Planning Region?
The effective property tax rate in Northwest Hills Planning Region is 1.80%. The median annual property tax bill is $5,609.
Is Northwest Hills Planning Region affordable?
With a home-value-to-income ratio of 3.4x, Northwest Hills 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.