MyNeighborhood

Can you afford to live in Danbury?

Median household income, home values and rent in Danbury, CT — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Danbury.

Median household income: $83,422 — +25.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,804/mo — +40.2% since 2015

Median home value, 2015 to 2023

  • 2015: 288000
  • 2023: 381600

Median household income

  • Danbury: 83422
  • Western Connecticut Planning Region: 124553
  • CT: 93760
  • U.S.: 78538

Median gross rent

  • Danbury: 1804
  • Western Connecticut Planning Region: 2060
  • CT: 1431
  • U.S.: 1348

Share of income a typical renter spends on rent: 31.8% — U.S.: 30.2%

What it means

The typical household here earns $83,422 — slightly higher than the national figure of $78,538.

The typical renter here spends 31.8% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+40.2% versus +25.1%), before adjusting for inflation.

Sources

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