ZIP 06450 - 860Z200US06450 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 06450 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear, data-driven look at the area. Located in Connecticut, ZIP 06450 is home to a diverse population of over 35,000 residents and provides a mix of affordability and opportunity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, understanding the key metrics of this area—population trends, income levels, housing costs, and cultural diversity—can help you make informed decisions. Let’s dive into the numbers for 2023 and uncover what makes this ZIP code unique.

Population & Households

ZIP 06450 has a total population of 35,896 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 14,635 households, reflecting a mix of family and individual living arrangements. With 15,800 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate potential availability for new residents or investors looking to enter the market. This balance between population and housing stock suggests a stable community with room for growth.

Income & Housing Costs

The median household income in ZIP 06450 stands at $68,961, positioning it as a middle-income area where residents enjoy a reasonable standard of living. For homebuyers and investors, the median house value of $220,400 offers a relatively accessible entry point compared to higher-priced markets in Connecticut. This price point could appeal to first-time buyers or those seeking value in their real estate investments. Meanwhile, renters in the area face a median rent of $1,267 per month, which aligns with the income levels and suggests a balanced rental market for property owners and tenants alike.

Race & Ethnicity

ZIP 06450 is a culturally diverse community, with a racial and ethnic composition that reflects a blend of backgrounds. White residents make up 51.08% of the population, followed by Hispanic or Latino residents at 36.1%, Black residents at 7.25%, and Asian residents at 2.53%. This diversity creates a rich social fabric, offering opportunities for businesses to cater to varied cultural needs and for residents to engage in a dynamic, inclusive environment. For investors and business owners, this mix can translate into a broad customer base with unique preferences and demands.

Key Facts

• Total population: 35,896 residents, indicating a sizable community.
• Total households: 14,635, showing a strong base of local families and individuals.
• Total housing units: 15,800, suggesting potential availability for new occupants.
• Median household income: $68,961, reflecting a middle-income economic profile.
• Median house value: $220,400, an accessible price for many buyers and investors.
• Median rent: $1,267, aligning with local income levels for renters.
• Diverse population: 51.08% White, 36.1% Hispanic, 7.25% Black, and 2.53% Asian.

What This Means for You

For homebuyers, ZIP 06450 presents an opportunity to purchase at a median value of $220,400, which is competitive within the state and ideal for those seeking affordability without sacrificing community size or diversity. Real estate investors and agents can leverage the slight surplus of housing units (15,800 total versus 14,635 households) to identify potential rental or flip properties, especially with a median rent of $1,267 supporting a steady rental income stream. Small-business owners will find a diverse customer base of 35,896 residents, with a significant Hispanic population (36.1%) that could benefit from tailored products or services. Analysts can use these metrics—such as the $68,961 median income—to benchmark ZIP 06450 against neighboring areas for deeper market studies. Across all groups, the area’s balanced demographics and housing costs signal a stable, opportunity-rich environment.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 06450? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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