AreaProfile

06704Waterbury, Connecticut

Area Profile

Income, jobs, climate, physical risk and development data for ZIP code 06704.

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
Opportunity6197th of 6,210 published ZIP areas7
GrowthTop 47% of 5,428 published ZIP areas52
Housing affordability5171st of 6,685 published ZIP areas60
Climate5221st of 6,789 published ZIP areas62
Access4631st of 6,791 published ZIP areas87
Economic stability5782nd of 6,742 published ZIP areas36
The quick read

Employment conditions sit below most comparable published ZIP profiles: unemployment is 7.6% and the Opportunity signal places 06704 in the bottom 0%.

At a glance

Population
31,713
2024 ACS 5-Year
Median household income
$48,718
Bottom 13% nationally
Density
3,924/sq mi
8.1 sq mi of land
Median age
34.6
2024 ACS 5-Year
City
Waterbury
Connecticut
Metro area
Nearest major airport
BDL
30 mi · Bradley Intl
Median home value
$192,000
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 $48,718 is below 87% of measured US ZIP areas.

MetricValueCompared with peersSource period
Median household income ±$3,519$48,718Bottom 13%2024 ACS 5-Year
Per capita income ±$3,714$26,122Bottom 16%2024 ACS 5-Year
Poverty rate31.8%Top 6%2024 ACS 5-Year
Average commute30.7 minTop 34%2024 ACS 5-Year
Bachelor's degree or higher14.2%Bottom 22%2024 ACS 5-Year
Employment47,199Bottom 46%June 2026
Employment change (3 years)-5.9%Bottom 2%June 2026
Employment change (year over year)-5.3%Bottom 2%June 2026
Labor force51,066Bottom 47%June 2026
Labor force participation60.1%Bottom 48%2024 ACS 5-Year
Unemployment change (year over year)1.9%Top 1%June 2026
Unemployment rate7.6%Top 2%June 2026
Median household income, successive ACS releases
202120222023202449k45k
Each point is a separate five-year estimate, most recently $48,718 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.

There are 12.2 students for every full-time teacher, fewer than in most measured places.

Public schools
9
2024-25 school year
Students per teacher
12.2
across all schools here
Math proficiency
Reading proficiency
SchoolDistrictStudentsPer teacherMathReading
Wilby High SchoolWaterbury School District1,19614.6
North End Middle SchoolWaterbury School District7669.9
Waterbury Career AcademyWaterbury School District70912.0
Reed SchoolWaterbury School District43915.1
Woodrow Wilson SchoolWaterbury School District41514.8
Walsh SchoolWaterbury School District35012.5
Sprague SchoolWaterbury School District34411.9
Bucks Hill SchoolWaterbury School District2837.3
Regan SchoolWaterbury School District23713.9

84.2% of students here are eligible for free or reduced-price lunch. That describes the circumstances families arrive with rather than how the schools perform, which is why AreaProfile shows it and does not score it.

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 $1,258 takes 31% of median household income, above the 30% threshold at which a household is considered cost-burdened.

A median home costs 3.9 times median household income here, above the historic benchmark of about three times income.

Rent as a share of income
31.0%
Above the 30% cost-burdened threshold
Home price to income
3.9×
median home value ÷ median income
Median gross rent
$1,258
2024 ACS 5-Year
Median home value
$192,000
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income3.94Top 30%2024 ACS 5-Year
Homeownership rate45.3%Bottom 7%2024 ACS 5-Year
Housing units ±65612,671Top 12%2024 ACS 5-Year
Median gross rent ±$75$1,258Top 32%2024 ACS 5-Year
Median home value ±$10,662$192,000Bottom 42%2024 ACS 5-Year
Rent as a share of income31.0%Top 4%2024 ACS 5-Year
Vacancy rate7.1%Bottom 34%2024 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, 12.0 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.

Crime
The FBI’s Crime Data Explorer is the only source with national coverage and a published method, and it requires an API key AreaProfile does not hold. Arrest counts, news volume and commercial “safety scores” are not substituted in the meantime. Reported crime is also easy to misread: agency participation varies year to year, and a city that draws a large daytime workforce carries incidents its residents did not generate.
Taxes
No tax dataset has met the source admission test for coverage, transparent methodology and update cadence. Nothing here is individualized tax advice.
Full cost of living
No public source publishes one with national coverage and a documented method. 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.

Access

7 major airports lie within 100 miles, the nearest 30 miles away.

AirportCodeDistanceLongest runway
Bradley IntlBDL30 mi9,510 ft
Westfield-Barnes RgnlBAF43 mi9,000 ft
New York Stewart IntlSWF56 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 29, 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.

06704 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.

06704
Waterbury
Median household income
$48,718
vs
$51,886
Per capita income
$26,122
vs
$29,542
Population density
3,924/sq mi
vs
4,022/sq mi
Median home value
$192,000
vs
$208,500
Median gross rent
$1,258
vs
$1,225
Homeownership rate
45.3%
vs
47.2%
Bachelor's degree or higher
14.2%
vs
17.3%
Poverty rate
31.8%
vs
24.7%
Median age
34.6
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.