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ZIP 06123 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 06123

Median Home Value
$270,300
Median Rent
$1,580
Affordability Snapshot
$74,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,736/mo PITI).

24%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

14.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 06123, a household would need roughly $74,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,736. That is roughly in line with the local median household income ($79,103). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
5.4%-92% vs US avg
x
Vacancy Rate
19.0%+85% vs US avg
x
Broadband Access
96.1%+10% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
3.1%-75% vs US avg
x
Built Post-2014
0.8%-89% vs US avg
x
Rent Burden >30%
23.2%-53% vs US avg
x
Mortgage-Free
56.3%+47% vs US avg
x
$270,300
Home Value
$1,580
Rent
1968
Year Built
N/A
Moved In
Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached1.8%
  • 1-unit attached0.0%
  • 2-9 units6.0%
  • 10+ units92.2%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$270,300
Median rent$1,580
Owner-occupied5.4%
Vacant19.0%
Price-to-income3.4x
Est. income to buy$74,000