Affordability evidence
Waterbury, CT home values, income, and owner costs
A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Waterbury, CT.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
Start with the dated local finding: In Waterbury, CT, the 2024 ACS reports a median owner-occupied home value of $208,500, median household income of $51,886, and median selected monthly owner costs of $1,850 for owners with a mortgage. Together, those three reference points may still help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,850 measure combines recurring ownership expenses rather than real estate taxes alone. For borrower planning, a useful affordability review starts with $208,500, $51,886, and $1,850, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.
Waterbury, CT's $208,500 median home-value estimate is below the statewide $366,900 estimate, with a reported city-to-state gap of 43.2%. That 43.2% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Waterbury, CT.