ZIP Code 06460 — Demographics & Housing Data 2023

Overview

If you're considering a move, investment, or business opportunity in ZIP 06460, understanding the local demographics and housing landscape is essential. Located in a vibrant Connecticut community, this area offers a blend of suburban charm and economic opportunity. With a population of over 37,000 and a median household income exceeding $100,000, ZIP 06460 presents a stable and prosperous environment. This article breaks down the latest 2023 data on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 06460 is home to a sizable population of 37,084 residents, making it a moderately dense area with a strong community feel. These individuals are distributed across 16,293 households, reflecting a mix of family units, singles, and retirees. The total number of housing units stands at 17,800, indicating a slight surplus of available homes compared to occupied households. This gap could signal opportunities for buyers or investors looking to enter the market, as well as potential rental demand for property owners.

Income & Housing Costs

Financially, ZIP 06460 stands out with a median household income of $106,776, suggesting a relatively affluent community with strong purchasing power. This income level supports a robust housing market, where the median house value is $372,900. For renters, the median monthly rent is $1,804, which aligns with the area’s higher cost of living but also reflects the quality of housing and amenities available. These figures indicate that ZIP 06460 is a market suited for mid-to-high-income buyers and tenants, as well as businesses targeting a well-off customer base.

Race & Ethnicity

The demographic makeup of ZIP 06460 is predominantly White, with 81.85% of residents identifying as such. Hispanic or Latino residents account for 8.01% of the population, while Asian and Black populations make up 3.47% and 3.19%, respectively. This composition points to a primarily homogenous community with pockets of diversity, which can influence cultural offerings, community events, and business opportunities. For small-business owners, understanding this mix can help tailor products or services to the majority demographic while also addressing niche markets.

Key Facts

• Total population: 37,084 residents in ZIP 06460 as of 2023.
• Total households: 16,293, indicating a strong base of local families and individuals.
• Total housing units: 17,800, with some availability for new occupants or investors.
• Median household income: $106,776, reflecting a financially stable community.
• Median house value: $372,900, positioning this as a mid-to-upper-tier housing market.
• Median rent: $1,804 per month, appealing to higher-income renters.
• Racial composition: 81.85% White, 8.01% Hispanic, 3.47% Asian, 3.19% Black.

What This Means for You

For homebuyers, ZIP 06460 offers a stable and prosperous area to settle down, with median home values at $372,900 reflecting quality housing stock. The slight surplus of housing units (17,800 total versus 16,293 households) suggests you may have room to negotiate or find a property that fits your needs. However, be prepared for a competitive market given the high median income of $106,776, which indicates many residents can afford premium properties.

For real estate investors and agents, the data points to potential in both buying and renting properties. With median rents at $1,804, rental properties could yield solid returns, especially for units catering to higher-income tenants. The gap between total housing units and households also hints at opportunities to flip or develop properties for sale.

For small-business owners, the affluent demographic (median income over $100,000) and sizable population of 37,084 mean a strong customer base with disposable income. Tailoring offerings to the predominantly White population while considering the needs of smaller Hispanic, Asian, and Black communities could help you capture a broad market share.

For analysts, these metrics provide a clear snapshot of a financially sound and stable ZIP code, ideal for deeper studies on housing trends, economic growth, or demographic shifts in suburban Connecticut.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 06460? Start by visiting ZipcodeGPT for a user-friendly platform to analyze local data.
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