ZIP Code 06705 -- Waterbury, CT

New Haven | 2024 American Community Survey Data

Quick Overview

Population
25,266
Unknown
Median Income
$53,954
Home Value
$202,400
Median Rent
$1,261
Median Age
39.70
Diversity Index
77.60
Very High
Cost of Living
85.4
below average
Unemployment
7.3%

About ZIP Code 06705

ZIP code 06705 in Waterbury, Connecticut is a unknown area with a population of 25,266. The median household income is $53,954, which is This is 28% below the national median of $75,000.. The median home value is $202,400, representing a price-to-income ratio of 3.8x . The cost of living is below average with an index of 85.4 (the national average is 100). Residents have a median age of 39.70 years. Approximately 18.8% of adults hold a bachelor's degree or higher. This ZIP code is located in New Haven, CT.

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Population & Age

Total Population
25,266
Median Age
39.70
Male Population
11,206
44.4%
Female Population
14,060
55.6%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
77.60 Very High
White
43.4%
Black or African American
22.6%
Hispanic or Latino
31.5%
Asian
3.2%
Native American
0.2%
Pacific Islander
0.0%
Two or More Races
18.0%
Other Race
12.7%

Racial Composition

Income & Economy

Median Household Income
$53,954
Mean Household Income
$75,525
Per Capita Income
$33,313
Below Poverty Line
19.2%

This is 28% below the national median of $75,000.

Income Distribution

See richest ZIP codes in Connecticut →

Housing

Median Home Value
$202,400
Median Rent
$1,261
Total Housing Units
11,758
Occupied Units
10,742
Vacant Units
1,016
8.6% vacancy
Median Year Built
1967
Owner Occupied
51.2%
Renter Occupied
48.8%
Price-to-Income Ratio 3.8x

Moderately affordable

Ownership vs Rental

Owner 51.2% Renter 48.8%

Education

High School Diploma or Higher 87.4%
Bachelor's Degree or Higher 18.8%
Graduate or Professional Degree 6.4%
See most educated ZIP codes →

Employment & Commuting

Civilian Labor Force
11,712
Employment Rate
92.7%
Unemployment Rate
7.3%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
80.5%
Carpool
9.2%
Public Transit
1.1%
Work from Home
5.3%

Cost of Living Index

85.4
below average

The cost of living in ZIP code 06705 is 14.6% below the national average of 100.

0 National Avg (100) 200

Compare 06705 with:

06268
Storrs Mansfield, CT
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06706
Waterbury, CT
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06114
Hartford, CT
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06605
Bridgeport, CT
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Compare 06705 with Another ZIP Code

Nearby ZIP Codes

06706
Waterbury, CT
2.1 mi
Pop: 15,551 Income: $52,242
06704
Waterbury, CT
2.9 mi
Pop: 31,713 Income: $48,718
06710
Waterbury, CT
2.9 mi
Pop: 9,942 Income: $37,191
06716
Wolcott, CT
3.2 mi
Pop: 16,113 Income: $111,225
06708
Waterbury, CT
3.7 mi
Pop: 29,594 Income: $67,364
06712
Prospect, CT
3.8 mi
Pop: 9,458 Income: $126,394
06702
Waterbury, CT
4.1 mi
Pop: 2,946 Income: $14,474
06467
Milldale, CT
4.7 mi
Pop: 405
06479
Plantsville, CT
5.0 mi
Pop: 10,286 Income: $114,346
06770
Naugatuck, CT
5.3 mi
Pop: 31,823 Income: $96,208
06410
Cheshire, CT
6.5 mi
Pop: 28,904 Income: $145,179
06762
Middlebury, CT
6.6 mi
Pop: 7,807 Income: $133,487

Other ZIP Codes in Waterbury

ZIP Code Population Median Income Home Value
06704 31,713 $48,718 $192,000
06708 29,594 $67,364 $218,500
06706 15,551 $52,242 $210,700
06710 9,942 $37,191 $228,300
06702 2,946 $14,474 $286,100

Other ZIP Codes in New Haven

ZIP Code City Population Median Income
06516 West haven 55,351 $74,382
06511 New haven 54,730 $59,969
06492 Wallingford 44,498 $105,061
06513 East haven 38,888 $48,500
06460 Milford 37,649 $104,360
06450 Meriden 35,694 $71,250

Frequently Asked Questions about ZIP Code 06705

ZIP code 06705 (Waterbury, CT) has a total population of 25,266 according to the 2024 American Community Survey. The median age is 39.70 years.

The median household income in ZIP code 06705 is $53,954 per year, based on 2024 Census Bureau data. This is 28% below the national median of $75,000.

ZIP code 06705 is primarily located in Waterbury, Connecticut (CT). It falls within New Haven County.

The median home value in ZIP code 06705 is $202,400, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,261.

The median age in ZIP code 06705 is 39.70 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 06705 has a cost of living index of 85.40 (national average = 100). This means the cost of living is below average compared to the national average.

In ZIP code 06705, 18.83% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 6.39% hold a graduate or professional degree.

The unemployment rate in ZIP code 06705 is 7.32%, which is above the national average of 3.6%. About 5.27% of workers work from home.

Explore More

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.