06702Waterbury, Connecticut

Area Profile

Income, jobs, climate, physical risk and development data for ZIP code 06702.

Area Score unavailable

Missing required signal: resilience. AreaProfile withholds a score rather than inferring the missing dimensions.

How we calculate this

How this area ranks
Opportunity6210th of 6,210 ZIP areas measured3
GrowthTop 47% of 5,428 ZIP areas measured52
Housing affordability6676th of 6,685 ZIP areas measured0
Climate5221st of 6,789 ZIP areas measured62
Access4796th of 6,791 ZIP areas measured85
Economic stability6665th of 6,742 ZIP areas measured15
The quick read

Employment conditions sit below most comparable published ZIP profiles: unemployment is 7.6% and the Opportunity signal places 06702 in the bottom 1%.

Housing costs more relative to local incomes than in most published city profiles: rent takes 62% of median household income and the median home is 19.8 times it.

A typical July reaches 84°F and a typical January falls to 19°F, on thirty-year normals.

At a glance

Population
2,946
2024 ACS 5-Year
Median household income
$14,474
Bottom 1% nationally
Density
4,404/sq mi
0.7 sq mi of land
Median age
55.9
2024 ACS 5-Year
City
Waterbury
Connecticut
Metro area
Nearest major airport
BDL
32 mi · Bradley Intl
Median home value
$286,100
2024 ACS 5-Year

Jobs & opportunity

Unemployment of 7.6% is lower than 2% of the 6,544 measured US ZIP areas.

Employment fell 5.3% over the past year, to 47,199 employed residents.

Median household income of $14,474 is below 100% of measured US ZIP areas.

MetricValueCompared nationallySource period
Median household income ±$4,480$14,474Bottom 1%of 31,2952024 ACS 5-Year
Per capita income ±$4,274$18,036Bottom 4%of 32,8222024 ACS 5-Year
Poverty rate45.6%Top 2%of 32,9702024 ACS 5-Year
Average commute27.3 minBottom 48%of 32,8872024 ACS 5-Year
Bachelor's degree or higher9.6%Bottom 12%of 33,1932024 ACS 5-Year
Employment47,199Bottom 46%of 6,544June 2026
Employment change (3 years)-5.9%Bottom 2%of 6,542June 2026
Employment change (year over year)-5.3%Bottom 2%of 6,544June 2026
Labor force51,066Bottom 47%of 6,544June 2026
Labor force participation30.6%Bottom 4%of 33,2522024 ACS 5-Year
Unemployment change (year over year)1.9%Top 1%of 6,544June 2026
Unemployment rate7.6%Top 2%of 6,544June 2026
Median household income, successive ACS releases
202120222023202416k12k
Each point is a separate five-year estimate, most recently $14,474 in the 2024 ACS 5-Year. Consecutive releases share four years of sample, so AreaProfile shows them as a record of successive estimates and does not compute a year-over-year change from them.

The Bureau of Labor Statistics does not publish labor-force data for ZIP areas. This is the figure for Waterbury, CT, the city containing this ZIP code.

Public schools
1
2024-25 school year
Students per teacher
Math proficiency
Reading proficiency
SchoolDistrictStudentsPer teacherMathReading
REGIONS staff secure WaterburyJudicial Centers0

Public schools only, from the NCES Common Core of Data. Schools are placed by ZIP code, so this is which schools are in this place rather than which one a particular address is zoned for — district boundaries do not follow municipal ones, and enrollment zones change. Fully virtual schools are excluded: they enroll students from across the state while reporting one administrative address, and counting them here would describe a school population this place does not have. The assessment covers grades 3 through 8, so a high school shows no proficiency figure — a dash in those columns means the test was not given at that school, not that it performed badly. Proficiency is measured against Connecticut’s own standard, so it compares cleanly within the state and only broadly against other states; AreaProfile therefore ranks it within state. The directory is current, while the proficiency figures are from the last school year with national coverage before the pandemic interrupted testing.

Housing & affordability

How it’s calculated →

Median rent of $749 takes 62% of median household income, above the 30% threshold at which a household is considered cost-burdened.

A median home costs 19.8 times median household income here, well above the historic benchmark, at a level conventionally described as seriously unaffordable.

Rent as a share of income
62.1%
Above the 30% cost-burdened threshold
Home price to income
19.8×
median home value ÷ median income
Median gross rent
$749
2024 ACS 5-Year
Median home value
$286,100
2024 ACS 5-Year
MetricValueCompared nationallySource period
Home price to income19.77Top 1%of 30,4042024 ACS 5-Year
Homeownership rate8.0%Bottom 1%of 32,9102024 ACS 5-Year
Housing units ±3972,085Top 41%of 33,7722024 ACS 5-Year
Median gross rent ±$200$749Bottom 18%of 26,6182024 ACS 5-Year
Median home value ±$40,657$286,100Top 35%of 30,9412024 ACS 5-Year
Rent as a share of income62.1%Top 1%of 26,4702024 ACS 5-Year
Vacancy rate10.8%Bottom 49%of 33,0282024 ACS 5-Year

Both affordability measures come from the same ACS release as the income they are compared with, so the comparison is like for like. They describe housing cost against local earnings and are not a cost-of-living index — transport, groceries, healthcare, insurance and taxes are not included, and a place can look affordable here and still be expensive to live in for reasons this does not capture.

Growth & development

How it’s calculated →
Development Momentum
52/ 100
Top 47% of 5,428 published city profiles

An AreaProfile calculation combining permit volume per resident, its direction over one and three years, population change and employment growth. Permit volume alone is not the measure.

79% of recently permitted units are in buildings of five or more homes, so new supply is concentrated in apartments and condominiums rather than detached houses.

At 1.0 permitted units per 1,000 residents, building activity is below the median for measured US ZIP areas.

Units permitted
116
12 months ending July 2026
Per 1,000 residents
1.0
Bottom 26% nationally
Year over year
+222%
vs the prior twelve months
Multifamily share
79.3%
units in 5+ unit buildings

The Building Permits Survey is not published for ZIP areas. This is the figure for Waterbury, CT, the city containing this ZIP code.

Weather & climate

5 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 84°F and January a low of 19°F.

Normal annual precipitation is 44.9 inches.

10°30°50°70°90°JFMAMJJASOND
Solid line: normal daily high. Dashed line: normal daily low. 1991-2020 normals from NOAA station MERIDEN MARKHAM MUNI AP, 11.7 miles from this location.
Precipitation
JFMAMJJASOND4.5"
Normal monthly precipitation, in inches.
MetricValueSource period
Annual precipitation44.9"1991-2020 Normals
Average January low19°F1991-2020 Normals
Average July high84°F1991-2020 Normals
Comfortable months51991-2020 Normals
Seasonal temperature swing45°F1991-2020 Normals

Climate figures are thirty-year normals, not current conditions. They describe what a typical year looks like rather than what the weather is doing today.

What this profile does not cover

Three things people look for are missing from every AreaProfile page, and each is missing for a reason rather than by oversight. The Area Score is calculated without them and the weighting is documented on the methodology page.

Reported crime
Offences reported to police are published by department rather than by town, and only where a department reported every month of the year. No municipal department reports for this place — many smaller communities are policed by the county — so there is no figure to show. A partial year is never scaled up to look complete, and arrest counts or news volume are never substituted for it.
Taxes and full cost of living
No public source publishes either with national coverage and a method open enough to check. Housing affordability above is computed from published rent, price and income, and excludes transport, groceries, healthcare, insurance and taxes — commuting cost in particular tends to offset suburban housing savings. Nothing here is individualised tax advice.
Anything about a specific address
Every figure describes an area, not a street or a house. School attendance zones, insurance pricing and the character of a neighbourhood all vary within the places measured here.

Access

7 major airports lie within 100 miles, the nearest 32 miles away.

AirportCodeDistanceLongest runway
Bradley IntlBDL32 mi9,510 ft
Westfield-Barnes RgnlBAF45 mi9,000 ft
New York Stewart IntlSWF55 mi11,817 ft

Airport identity, position and runway data come from the FAA. “Major airport” is an AreaProfile classification — a public-use civil airport with a paved runway of at least 8,000 feet — not an FAA hub designation. Distances are straight-line, not driving distance.

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Data & methodology

Used forSourceSource periodUpdated
AccessFederal Aviation Administration
Airports (NASR) — Aeronautical Data Delivery Service
NASR current cycle28-day NASR cycle
ClimateNOAA National Centers for Environmental Information
U.S. Climate Normals 1991–2020 (Monthly)
1991-2020 NormalsEvery ten years (next release follows the 2001–2030 period)
JobsU.S. Bureau of Labor Statistics
Local Area Unemployment Statistics
June 2026Monthly
DemographicsU.S. Census Bureau
Population Estimates Program
July 1, 2024 estimateAnnual (vintage released each spring)
Demographics, Housing, Income, JobsU.S. Census Bureau
American Community Survey 5-Year Estimates (Table-Based Summary File)
2024 ACS 5-YearAnnual (5-year estimates released each December)
DevelopmentU.S. Census Bureau
Building Permits Survey
12 months ending July 2026Monthly, roughly three weeks after the reference month
schoolsU.S. Department of Education, National Center for Education Statistics
Common Core of Data and EDFacts assessments
2024-25 school yearDirectory annually; assessment results as EDFacts releases them

Profile recalculated August 30, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology or browse every source.

06702 vs Waterbury

How this ZIP area compares with Waterbury as a whole. Both figures come from the same ACS release, so the comparison is like for like.

06702
Waterbury
Median household income
$14,474
vs
$51,886
Per capita income
$18,036
vs
$29,542
Population density
4,404/sq mi
vs
4,022/sq mi
Median home value
$286,100
vs
$208,500
Median gross rent
$749
vs
$1,225
Homeownership rate
8.0%
vs
47.2%
Bachelor's degree or higher
9.6%
vs
17.3%
Poverty rate
45.6%
vs
24.7%
Median age
55.9
vs
37.8

Some demographic statistics use Census ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP delivery geography. See the methodology for how AreaProfile maps between them.