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Higganum CDP, CT

ZIP 06438 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 06438

Median Home Value
$376,500
Median Rent
$1,410
Affordability Snapshot
$104,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,419/mo PITI).

13%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.3 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 06438 in Higganum CDP, CT, a household would need roughly $104,000 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 $2,419. That sits below the local median household income ($127,905), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
82.4%+26% vs US avg
x
Vacancy Rate
15.2%+47% vs US avg
x
Broadband Access
92.2%+6% vs US avg
x
4+ Bedrooms
3.8%-74% vs US avg
x
Built Pre-1939
10.7%-16% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
25.6%-49% vs US avg
x
Mortgage-Free
28.0%-27% vs US avg
x
$376,500
Home Value
$1,410
Rent
1972
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached90.2%
  • 1-unit attached0.0%
  • 2-9 units1.2%
  • 10+ units8.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$376,500
Median rent$1,410
Owner-occupied82.4%
Vacant15.2%
Price-to-income2.9x
Est. income to buy$104,000