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Western Connecticut Planning Region Housing Market

Connecticut · 9 counties · Ranked #3080 in home value

Above National Avg

Housing at a Glance

Median Home Value

$625,400

vs national+$625,400 vs $281,900 national

Median Gross Rent

$2,060/mo

vs national+$2,060 vs $1,163 national

Effective Tax Rate

1.47%

vs national+1.47% vs 1.02% national

Median Household Income

$124,553

vs national+$124,553 vs $74,755 national

Affordability Ratio

5x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$9,222

Tax as % of Home Value

1.47%

Monthly Owner Cost

$2,759

Renter Income

$75,033

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Similar Counties by Home Value

Broomfield County
Colorado
$631,600
Montgomery County
Maryland
$615,200
San Miguel County
Colorado
$613,100
Westchester County
New York
$638,400

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 Western Connecticut Planning Region?
The median home value in Western Connecticut Planning Region is $625,400. This is above the national median of $281,900.
How much is rent in Western Connecticut Planning Region?
The median gross rent in Western Connecticut Planning Region is $2,060 per month.
What is the property tax rate in Western Connecticut Planning Region?
The effective property tax rate in Western Connecticut Planning Region is 1.47%. The median annual property tax bill is $9,222.
Is Western Connecticut Planning Region affordable?
With a home-value-to-income ratio of 5x, Western 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.