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Southeastern Connecticut Planning Region Housing Market

Connecticut · 9 counties · Ranked #2629 in home value

Above National Avg

Housing at a Glance

Median Home Value

$293,900

vs national+$293,900 vs $281,900 national

Median Gross Rent

$1,316/mo

vs national+$1,316 vs $1,163 national

Effective Tax Rate

1.75%

vs national+1.75% vs 1.02% national

Median Household Income

$84,185

vs national+$84,185 vs $74,755 national

Affordability Ratio

3.5x

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

Rent Burden

29.0%

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

More Housing Data

Property Tax (Median)

$5,146

Tax as % of Home Value

1.75%

Monthly Owner Cost

$1,635

Renter Income

$47,980

Frequently Asked Questions

What is the median home value in Southeastern Connecticut Planning Region?
The median home value in Southeastern Connecticut Planning Region is $293,900. This is above the national median of $281,900.
How much is rent in Southeastern Connecticut Planning Region?
The median gross rent in Southeastern Connecticut Planning Region is $1,316 per month.
What is the property tax rate in Southeastern Connecticut Planning Region?
The effective property tax rate in Southeastern Connecticut Planning Region is 1.75%. The median annual property tax bill is $5,146.
Is Southeastern Connecticut Planning Region affordable?
With a home-value-to-income ratio of 3.5x, Southeastern 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.