ZIP 06451 - 860Z200US06451 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 06451 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in Connecticut, this area offers a blend of diversity, affordability, and opportunity. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and cultural composition of ZIP 06451. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions.

Population & Households

ZIP 06451 is home to a population of 24,522 residents, making it a moderately sized community with a mix of urban and suburban characteristics. The area supports 10,074 households, reflecting a strong base of families and individuals. With 11,004 total housing units, there’s a slight surplus of available properties compared to occupied households, which could indicate opportunities for buyers or investors looking to enter the market. This balance suggests a stable yet dynamic housing environment in ZIP 06451.

Income & Housing Costs

The median household income in ZIP 06451 stands at $68,081, positioning it as a middle-income area with reasonable earning potential for residents. For homebuyers and investors, the median house value of $223,400 offers a relatively affordable entry point compared to many Connecticut markets, making it an attractive option for first-time buyers or those seeking value-driven investments. Renters, on the other hand, face a median rent of $1,207 per month, which aligns with the income levels and suggests a balanced rental market for property owners considering leasing options.

Race & Ethnicity

ZIP 06451 boasts a diverse community, with a racial and ethnic composition that reflects a vibrant cultural mix. White residents make up 46.39% of the population, while Hispanic or Latino individuals account for a significant 40.04%, indicating a strong Hispanic presence in the area. Black or African American residents comprise 7.59%, and Asian residents represent 2.1%. This diversity can be a draw for businesses seeking to cater to varied customer bases and for families looking for an inclusive environment in ZIP 06451.

Key Facts

• Total population: 24,522 residents in ZIP 06451.
• Total households: 10,074, supporting a mix of family and individual living arrangements.
• Total housing units: 11,004, suggesting potential availability for new occupants or investors.
• Median household income: $68,081, indicative of a stable middle-income community.
• Median house value: $223,400, offering affordability in the Connecticut housing market.
• Median rent: $1,207 per month, reflecting a balanced rental landscape.
• Diverse demographics: 46.39% White, 40.04% Hispanic, 7.59% Black, and 2.1% Asian.

What This Means for You

For homebuyers, ZIP 06451 presents an affordable opportunity with a median home value of $223,400, well-suited for first-time buyers or those looking to settle in a diverse and welcoming community. The slight surplus of housing units could mean less competition in certain price brackets, giving you room to negotiate.

For real estate investors and agents, the combination of reasonable home values and a median rent of $1,207 suggests potential for solid returns on rental properties. The population size and household count indicate steady demand, while the diversity of the area could attract a wide range of tenants or buyers.

For small-business owners, the cultural diversity and population of 24,522 offer a broad customer base. A median household income of $68,081 means residents have disposable income for local goods and services, particularly if your business can cater to the significant Hispanic community or other demographic groups in ZIP 06451.

For analysts, the data points to a stable, middle-income area with growth potential due to its diversity and housing availability. These metrics can inform market studies or investment strategies tailored to this region.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 06451? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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