ZIP 06109 - 860Z200US06109 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 06109, located in the heart of Connecticut, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 27,000 and a strong median household income, this ZIP code presents a stable and diverse community. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you understand the local landscape and make informed decisions.

Population & Households

ZIP 06109 is home to 27,180 residents, making it a moderately sized community with a mix of families, professionals, and retirees. The area supports 11,333 households, reflecting a solid base of established residents. With 11,833 total housing units, there’s a slight surplus of available homes, which could indicate opportunities for buyers or renters looking to settle in this area. This balance between population and housing suggests a stable community with room for growth.

Income & Housing Costs

One of the standout metrics for ZIP 06109 is its median household income of $118,523, which points to a relatively affluent population with strong purchasing power. This income level supports a robust local economy, beneficial for small businesses and service providers. On the housing front, the median home value stands at $300,500, offering a mid-range price point for Connecticut that could appeal to first-time buyers or investors seeking value. For renters, the median rent of $1,303 per month reflects a competitive but accessible rental market, suitable for those not yet ready to buy.

Race & Ethnicity

The demographic makeup of ZIP 06109 showcases a predominantly white population at 77.79%, with smaller but significant representation from other groups. Hispanic residents account for 12.56% of the population, while Asian and Black communities make up 4.93% and 2.93%, respectively. This diversity, while not as pronounced as in larger urban centers, adds cultural depth to the area, creating a welcoming environment for residents and businesses catering to varied needs and preferences.

Key Facts

• Total population: 27,180 residents in ZIP 06109 as of 2023.
• Total households: 11,333, indicating a strong residential base.
• Total housing units: 11,833, suggesting slight availability for new occupants.
• Median household income: $118,523, reflecting economic stability.
• Median home value: $300,500, a balanced entry point for buyers.
• Median rent: $1,303, competitive for the region.
• Racial composition: 77.79% white, 12.56% Hispanic, 4.93% Asian, 2.93% Black.

What This Means for You

For homebuyers, ZIP 06109 offers a promising mix of affordability and stability. With a median home value of $300,500 and a slight surplus of housing units, you may find opportunities to negotiate or choose from a variety of properties. The high median income also suggests a community with well-maintained homes and strong neighborhood value.

For investors and real estate agents, the data points to potential in both buying and renting markets. The median rent of $1,303 indicates a steady demand for rental properties, while the home value suggests room for appreciation over time. The slight gap between housing units and households could mean opportunities for flipping or developing properties.

For small-business owners, the affluent population with a median income of $118,523 signals strong consumer spending power. Whether you’re opening a retail store, restaurant, or service-based business, this ZIP code’s demographics support a customer base that can afford discretionary spending. The diversity in the area also allows for niche markets catering to specific cultural or community needs.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing demand, and community growth in ZIP 06109. The balance of income, housing costs, and population diversity offers a stable dataset for forecasting or comparative studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 06109? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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