MyNeighborhood

Can you afford to live in Waterbury?

Median household income, home values and rent in Waterbury, 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 Waterbury.

Median household income: $51,642 — +27.6% since 2015 (not adjusted for inflation)

Median gross rent: $1,180/mo — +30.8% since 2015

Median home value, 2015 to 2023

  • 2015: 134500
  • 2023: 185400

Median household income

  • Waterbury: 51642
  • Naugatuck Valley Planning Region: 86365
  • CT: 93760
  • U.S.: 78538

Median gross rent

  • Waterbury: 1180
  • Naugatuck Valley Planning Region: 1288
  • CT: 1431
  • U.S.: 1348

Share of income a typical renter spends on rent: 33.6% — U.S.: 30.2%

What it means

The typical household here earns $51,642 — far lower than the national figure of $78,538.

The typical renter here spends 33.6% 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 (+30.8% versus +27.6%), before adjusting for inflation.

Sources

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