US5.com
  1. Home
  2. States
  3. Connecticut
  4. ZIP 06481
  5. Housing & Real Estate
, CT

ZIP 06481 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 06481

Median Home Value
$341,200
Median Rent
$3,501
Affordability Snapshot
$94,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,192/mo PITI).

38%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

3.1x
Home Price-to-Income Ratio

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

8.1 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 06481 in CT, a household would need roughly $94,000 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 $2,192. That sits below the local median household income ($109,228), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
70.9%+8% vs US avg
x
Vacancy Rate
7.9%-23% vs US avg
x
Broadband Access
69.4%-20% vs US avg
x
4+ Bedrooms
22.1%+49% vs US avg
x
Built Pre-1939
5.3%-59% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
77.0%+55% vs US avg
x
Mortgage-Free
33.3%-13% vs US avg
x
$341,200
Home Value
$3,501
Rent
1954
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached88.1%
  • 1-unit attached5.9%
  • 2-9 units6.0%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$341,200
Median rent$3,501
Owner-occupied70.9%
Vacant7.9%
Price-to-income3.1x
Est. income to buy$94,000