Signals
06704
06706
Opportunity
7 · Bottom 1%
vs9 · Bottom 1%
Growth
52 · Top 47%
vs52 · Top 47%
Climate
62 · Bottom 23%
vs62 · Bottom 23%
Housing affordability
60 · Bottom 23%
vs63 · Bottom 26%
Access
87 · Bottom 32%
vs85 · Bottom 29%
Economic stability
36 · Bottom 14%
vs33 · Bottom 11%
Measured values
| Metric | 06704 | 06706 | Source period |
|---|---|---|---|
| Population | 31,713 | 15,551 | 2024 ACS 5-Year |
| Median household income | $48,718 | $52,242 | 2024 ACS 5-Year |
| Per capita income | $26,122 | $25,583 | 2024 ACS 5-Year |
| Population density | 3,924/sq mi | 4,073/sq mi | 2024 ACS 5-Year |
| Median home value | $192,000 | $210,700 | 2024 ACS 5-Year |
| Median gross rent | $1,258 | $1,269 | 2024 ACS 5-Year |
| Homeownership rate | 45.3% | 40.8% | 2024 ACS 5-Year |
| Unemployment rate | 7.6% | 7.6% | June 2026 |
| Employment change (year over year) | -5.3% | -5.3% | June 2026 |
| Bachelor's degree or higher | 14.2% | 16.7% | 2024 ACS 5-Year |
| Poverty rate | 31.8% | 25.6% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 116 | 116 | 12 months ending July 2026 |
| Permits per 1,000 residents | 1.0 | 1.0 | 12 months ending July 2026 |
| Permit change (year over year) | 222.2% | 222.2% | 12 months ending July 2026 |
| Average July high | 84°F | 84°F | 1991-2020 Normals |
| Average January low | 19°F | 19°F | 1991-2020 Normals |
| Annual precipitation | 44.9" | 44.9" | 1991-2020 Normals |
| Distance to major airport | 30 mi | 33 mi | NASR current cycle |
| Average commute | 30.7 min | 27.4 min | 2024 ACS 5-Year |
| Median age | 34.6 | 36.1 | 2024 ACS 5-Year |
| Public schools | 9 | 6 | 2024-25 school year |
| Students per teacher | 12.21 | 12.99 | 2024-25 school year |
| Free or reduced-price lunch eligibility | 84.2% | 72.1% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Full profiles: 06704 — Waterbury, CT · 06706 — Waterbury, CT · How this is calculated: methodology