What to know about ZIP 06723
ZIP code 06723 covers ZIP 06723 with a population of about 4,410.
At a glance, the area shows median age of 54.7 versus a U.S. median of about 38.9.
It sits in the HARTFORD & NEW HAVEN media market.
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ZIP Code 06723 — undefined, undefined Demographics & Data
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Low Income Area
At a glance
Population
4,410
Density
N/A
Median income
$16,709
-78% vs US avg
Home value
$277,600
-20% vs US avg
Median rent
$608
-48% vs US avg
Timezone
N/A
Overview of ZIP Code 06723
Income and economy in ZIP 06723
Median household income in ZIP 06723 is about $16,709 — about 78% below the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 44.3%; unemployment rate near 16.3%; 10.0% of adults with a bachelor’s degree or higher (about 23.7 points below the national share (33.7%)).
Labor and commute patterns include leading industry context around Healthcare, Food services, and Other services; about 9.2% of workers reporting work-from-home (about 6.0 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).
Housing and affordability in ZIP 06723
Median home value is about $277,600 — about 20% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $608 (about 48% below the U.S. median rent ($1,163)), and owner-occupancy near 3.7% (about 61.7 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 06723, a household would need roughly $76,000 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 $1,783. That is about 355% above the local median household income ($16,709), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.