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Cost of Living in Northwest Hills Planning Region, CT

Population 113,216 · Census ACS 2020–2024 5-year estimates

Median rent$1,193
Median home value$335,600
Median household income$93,551

The median rent in Northwest Hills Planning Region, CT is $1,193/month, 20% lower than the Connecticut median and 16% lower than the U.S. median. The median home value is $335,600, about the same as the national median. Households earn a median of $93,551 a year, 2% lower than the state median.

Affordability

Rent as a share of median income: 15.3%
Income needed for median rent (30% rule): $47,720/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,697/mo

Run your own numbers: mortgage calculator · hourly to salary

Northwest Hills Planning Region vs. Connecticut vs. U.S.

Northwest Hills Planning RegionConnecticutU.S.
Median rent$1,193$1,488$1,413
Median home value$335,600$366,900$332,700
Median household income$93,551$95,781$80,734
Homeownership rate76.3%66.5%65.2%
Bachelor's degree or higher39.4%42.5%35.7%
Poverty rate8.8%10.0%12.5%
Unemployment rate5.4%5.6%5.2%
Work from home15.2%16.0%15.1%
Median age47.141.138.9

FAQ

What is the average rent in Northwest Hills Planning Region, CT?

The median gross rent in Northwest Hills Planning Region, CT is $1,193 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Northwest Hills Planning Region, CT?

Using the common 30% rule, renting a median-priced home takes about $47,720 a year in gross income.

Is Northwest Hills Planning Region, CT expensive to live in?

Rent there is 16% lower than the U.S. median, and the median home costs about 3.6 times the median household income.

Other counties in Connecticut

Capitol Planning Region, CTRent $1,411 · Income $93,394Western Connecticut Planning Region, CTRent $2,110 · Income $128,188South Central Connecticut Planning Region, CTRent $1,525 · Income $88,197Naugatuck Valley Planning Region, CTRent $1,330 · Income $86,191Greater Bridgeport Planning Region, CTRent $1,546 · Income $89,667Southeastern Connecticut Planning Region, CTRent $1,365 · Income $86,586

Counties with a similar cost of living

Hancock County, INRent $1,203 · Income $93,186Orange County, VARent $1,205 · Income $94,008Chatham County, NCRent $1,180 · Income $94,317Currituck County, NCRent $1,162 · Income $93,511Grundy County, ILRent $1,177 · Income $92,235Belknap County, NHRent $1,167 · Income $92,783

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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