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Waterbury city, CT

ZIP 06706 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 06706

Median Home Value
$171,400
Median Rent
$926
Affordability Snapshot
$47,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,101/mo PITI).

21%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

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

15.4 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 06706 in Waterbury city, CT, a household would need roughly $47,000 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 $1,101. That is roughly in line with the local median household income ($51,770). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
43.0%-34% vs US avg
x
Vacancy Rate
8.3%-19% vs US avg
x
Broadband Access
88.1%+1% vs US avg
x
4+ Bedrooms
1.4%-91% vs US avg
x
Built Pre-1939
10.2%-20% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
28.8%-42% vs US avg
x
Mortgage-Free
27.2%-29% vs US avg
x
$171,400
Home Value
$926
Rent
1949
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached39.4%
  • 1-unit attached4.2%
  • 2-9 units47.2%
  • 10+ units8.6%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$171,400
Median rent$926
Owner-occupied43.0%
Vacant8.3%
Price-to-income3.3x
Est. income to buy$47,000