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Community Characteristics

06488
Characteristics Stable Population, Low Residential Turnover
Closest Airport TWEED-NEW (23 miles)
Closest 2 Year College NAUGATUCK VALLEY COMM COLL (10 miles)
Closest 4 Year College POST UNIVERSITY (9 miles)
Closest Major Sports Team NEW BRITAIN ROCK CATS (AA) (27 mile)

Population

06488 Connecticut
Population 19,860 3,533,116
Population Density (people/mile) 486 637
Population Growth (since 2000) 7% 4%
Male 9,302 1,726,117
Female 10,557 1,806,999
Median Age 46.86 38.79

Age Distribution

0-9 10-19 20-29 30-39 40-49 50-59 60-69 70-79 80+
2166 2278 1199 1971 3033 3096 2228 1838 2050

Household

06488 Connecticut
Number of Households 7,590 1,336,029
Average Household Size 2.46 2.56
Household: With Children 2,257 454,462
Household: With no Children 5,334 881,567
Household: Family 5,035 894,164
Household: Non-Family 2,555 441,865
Total Dwelling Units 8,337 1,449,267

Marital Status

Marital Status
Never Married - 17.6% 17.6%
Married - 59.0% 59.0%
Separated - 4.8% 4.8%
Widowed - 11.2% 11.2%
Divorced - 7.5% 7.5%

Housing

06488 Connecticut
Median Home Price $240,000 $220,250
In Current Residence 5+ Years 42.65% 45.47%
Annual Residential Turnover 12.9% 13.04%
Median Years in Residence 4.32 4.51
Median Dwelling Age 26 39

Housing Type

Housing Type
Owner - 82.0% 82.0%
Renter - 9.0% 9.0%
Vacant - 9.0% 9.0%

Transportation

Travel to Work

Travel to Work
Public - 1% 1%
Drive/Carpool - 92% 92%
Walk/Bike/Other - 2% 2%
Work at home - 5% 5%

Income

06488 Connecticut
Median Household Income $80,854 $66,346
Average Household Income $113,390 $99,009
Average Income Change (since 2000) 29% 22%
Per Capita Income $45,022 $38,334
Sales Tax Rate 6% N/A
Sales Tax Type PL N/A
Median Disposable Income $64,630 $54,865

Household Income by Dollar Range

under $10K $10-20K $20-30K $30-40K $40-50K $50-75K $75-125K $125-200K $200-500K $500K+
180 442 548 606 572 1200 1901 1347 658 135

Median Income by Age

under 25 25-34 35-44 45-54 55-64 65-74 75+
58000 79920 102850 116935 103125 54224 43275

Employment

Employment by Industry
Agriculture, Forestry and Fishing 98
Mining 77
Construction 377
Manufacturing 211
Transportation and Communications 184
Wholesale Trade 101
Retail Trade 1759
Finance, Insurance and Real Estate 740
Services 5905
Public Administration 369
Employees/Unclassified 113

Employment by Occupation
Handlers, Helpers, and Laborers 161
Transportation Material Moving Workers 188
Machine Operators, Assemblers, and Inspectors 156
Construction, Repair, and Mining: Field Based 273
Precision, Craft, and Repair: Site Based 567
Farming Forestry and Fishing 197
Other Services: Field Based 66
Other Services: Site Based 1271
Protective Services 180
Private Household 0
Technical, Sales and Administrative 30
Administrative Support 1859
Sales Workers and Clerks 754
Technologies and Technicians 344
Sales Professionals 246
Professional Specialty Occupations 2322
Executive, Managers, Administrators 1210

Net Worth

06488 Connecticut
Average Household Net Worth $396,774 $291,267
Median Home Price $240,000 $220,250

Median Value of Assets (Dollars)
Any Non-Financial Assets 588675
Other Non-Financial Assets 30851
Business Equity 203331
Investment Property 97806
Home Equity 0
Vehicle Owned 21447
Any Financial Assets 146677
Other Financial Assets 17694
Other Managed Accounts 67656
Cash Value Life Insurance 12995
Retirement Accounts 89717
Mutual Funds 83091
Stocks 31212
Bonds (not US Savings) 112130
Savings Bonds 2180
Certificates of Deposit 24496
Transaction Account 14079

Median Value of Debts (Dollars)
Investment 140517
Credit Card 4435
Line of Credit 7612
Installment Loan 14764
Mortgage 165839

Cost of Living

06488 Connecticut
Average Total Household Expenditure $76,521 $69,502
Household Expenditure Index (100=National Average) 137 124

Cost of Living Index (100=National Average)
Gifts 151
Utilities 127
Transportation 133
Tobacco 116
Reading 137
Personal Care 134
Miscellaneous Expenses 133
Household Operations 148
Shelter 139
Household Furnishings and Equipment 142
Health Care 129
Food and Beverages 132
Entertainment 139
Education 154
Apparel 137
Personal Insurance 150
Contribution 156

Climate

Average Temperature (fahrenheit)

January July
Low 17.6 61
High 35.4 83.9

Weather Index (100 = National Average)
Overall 89
Earthquake 73
Hail 32
Hurricane 123
Tornado 54
Wind 70