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Home values, rents and more in the Waterbury metro area

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-15

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Typical home value
$431,000
Connecticut: $447,000 · U.S.: $366,000
Home values, past year
+4.8%
Connecticut: +5.0% · U.S.: +1.2%
Typical rent
$2,088/mo
Connecticut: $2,234 · U.S.: $1,932
Rents, past year
+3.1%
U.S.: +2.9%
Population
463,349
Census estimate, July 2025
Median household income
$86,191
Connecticut: $95,781 · U.S.: $80,734

How the Waterbury metro compares

The typical home in the Waterbury metro area is worth about $431,000, according to the Zillow Home Value Index for September 2026. Home values in the Waterbury metro are 4% below the typical value in Connecticut ($447,000) and 18% above the U.S. typical value ($366,000).

Over the past year, home values in the Waterbury metro rose 4.8%: 0.2 percentage points below the change in Connecticut (+5.0%) and 3.6 percentage points above the change in the U.S. (+1.2%).

Typical rent is $2,088 a month (Zillow Observed Rent Index), 7% below Connecticut ($2,234) and 8% above the U.S. ($1,932). Rents rose 3.1% over the past year, against +2.9% nationally.

The median household income is $86,191, against $95,781 in Connecticut and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 463,349 people live in the Waterbury metro (Census Bureau estimate for July 2025).

The Waterbury metro has the 126th-highest typical home value of the 925 metro areas in the United States and the 3rd-highest of 7 in Connecticut with Zillow figures.

Where the Waterbury metro ranks

Rank of the Waterbury metro among the metro areas that have a figure for the measure; 1st is the highest.
MeasureThe Waterbury metroRank in ConnecticutRank in the United States
Typical home value$431,0003rd of 7126th of 925
Home values, one-year change+4.8%5th of 7188th of 925
Typical rent$2,088 a month3rd of 763rd of 716
Median household income$86,1917th of 7100th of 925
Population463,3494th of 7119th of 925

More data for the Waterbury metro on ProMap

ProMap maps these 14 measures for the Waterbury metro, among others. Each link opens the map on that measure at the Waterbury metro. The figures are part of ProMap Plus, so they are not printed on this page.

Property-tax rate
Real estate taxes paid by owner-occupiers in a year, as a share of the value of their homes. Source: U.S. Census Bureau, American Community Survey.
Natural hazard risk
A score from 0 to 100 for expected yearly losses from 18 natural hazards, relative to the rest of the country. Source: FEMA National Risk Index.
Wildfire risk to homes
Expected yearly wildfire risk per home, as an index on which the average U.S. home is 100. Source: USDA Forest Service, Wildfire Risk to Communities.
5-year change in home values
Change in the typical home value over five years; the map also has 3, 10 and 15 years. Source: Zillow Home Value Index.
Home values against the 2022 peak
The typical home value today against its highest month in 2022, in percent. Source: Zillow Home Value Index.
Income needed to buy
The household income at which the monthly cost of buying the typical home (20% down, 30-year fixed mortgage, property tax and insurance) is 28% of income; an estimate. Source: Home Economics calculation from Zillow, Freddie Mac, Census Bureau and Treasury data.
Days on market
The median number of days that homes listed for sale have been on the market, monthly. Source: Realtor.com.
Price cuts
The share of homes listed for sale whose asking price was reduced during the month. Source: Realtor.com.
Homes for sale against 2017–19
The number of homes for sale now against the average for the same month in 2017 to 2019. Source: Redfin.
Unemployment rate
The share of the labor force that is unemployed, monthly and not seasonally adjusted. Source: Bureau of Labor Statistics, Local Area Unemployment Statistics.
Building permits
Housing units authorized by building permits over the past 12 months, per 1,000 residents. Source: U.S. Census Bureau, Building Permits Survey.
Net migration
People moving in minus people moving out, each year since 2010. Source: Home Economics calculation from Census Bureau population estimates.
2024 presidential vote
The margin between the Republican and Democratic candidates for president in 2024, in percentage points. Source: official county results and The New York Times precinct results.
Tree cover
The share of land under tree canopy. Source: U.S. Forest Service and National Land Cover Database, Tree Canopy Cover.
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Metro areas of similar population

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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