A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −4.1% YoY. inventory, +17.1% YoY, is the number to watch.
The median listing price is down 4.1% YoY while the median home got down 5.6% bigger, so value per square foot is down 0.3%.
U.S. Census ACS characteristics for ZIP 06705 itself, not its parent county.
Renters hold 48.8% of this ZIP's 10,742 occupied households, on a median household income of $54K.
| Measure | ZIP 06705 | Naugatuck Valley Planning Region | Difference |
|---|---|---|---|
| Median Household Income | $54K | $86K | -$32K |
| Below Poverty Level | 19.2% | 11.2% | +8.0% |
| Median Age | 39.70 | 41.80 | -2.10 |
| Total Population | 25,266 | 454,969 | -- |
| Avg Household Size | 2.33 | 2.49 | -0.16 |
| Owner-Occupied | 51.2% | 68.6% | -17.4% |
| Worked From Home | 5.3% | 12.7% | -7.4% |
| Mean Commute | 26.70 | 28.30 | -1.60 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.6% to 454,969: residents under 18 are down 0.0% and those 65 and over are up 3.1%.
County median household income is $86K, 11.2% of residents are below the poverty level, 12.7% work from home.