JeffCroweCRE

Housing market/Connecticut/ZIP 06359

ACS 2023 · FY2027 SAFMR

ZIP 06359 North Stonington, Connecticut

Northeastern Connecticut Planning Region, CT · Connecticut. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
5,154
Households
2,051
Median HH income
$115,069
Renter share
7.9%
Median gross rent
$1,224
Vacancy
9.7%
Pop. change
-3.5%
2BR SAFMR
$1,900
SAFMR / rent
1.552×
2–49 unit stock
52
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 06359 · CT — sent to you.

ZIP 06359 · CT

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ACS rent vs 2BR SAFMR

ZIP 06359 — North Stonington, CT HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,224
2BR SAFMR$1,900
90% floor$1,710
110% ceiling$2,090

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 06359

  • 1-unit detached2,11393.0%
  • 1-unit attached351.5%
  • 2–4 units522.3%
  • Mobile723.2%
TypeUnitsShare
1-unit detached2,11393.0%
1-unit attached351.5%
2 units (duplex)00.0%
3–4 units522.3%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile723.2%

2–4 unit share 2.3% · 5–49 unit share 0.0% · combined 2–49 2.3%.

Units by bedrooms

Studio
25
1BR
71
2BR
480
3BR
1,110
4BR
520
5+
66

Rent burden

Rent ≥30% of income43.2%
Rent ≥50% of income10.5%
  • ACS median gross rent $1,224 (all bedrooms, occupied rentals).
  • Median contract rent $1,224.
  • Renters paying ≥30% of income 43.2%; ≥50% 10.5%.
  • FY2027 2BR SAFMR $1,900 (1.552× ACS median gross rent).

Population

5,154 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 06359 7.9% of occupied households are renters; vacancy is 9.7%; ACS median gross rent is $1,224; population changed -3.5% between the 2018 and 2023 ACS vintages; the housing stock includes 52 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,900 versus ACS median gross rent of $1,224. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Connecticut research

ZIP 06359 is a Census / HUD profile for Northeastern Connecticut Planning Region, CT. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 06359 — North Stonington, CT HUD Section 8 Payment Standards / SAFMR·Connecticut ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
06076Northeastern Connecticut Planning Region, CT20.9%$1,122$1,62006230Northeastern Connecticut Planning Region, CT——$1,56006234Northeastern Connecticut Planning Region, CT21.2%$1,149$1,59006235Northeastern Connecticut Planning Region, CT15.9%$1,136$1,55006239Northeastern Connecticut Planning Region, CT33.5%$1,133$1,68006241Northeastern Connecticut Planning Region, CT23.5%$938$1,65006242Northeastern Connecticut Planning Region, CT16.9%$907$1,29006243Northeastern Connecticut Planning Region, CT0.0%—$1,68006244Northeastern Connecticut Planning Region, CT——$1,56006246Northeastern Connecticut Planning Region, CT——$1,56006247Northeastern Connecticut Planning Region, CT8.8%$1,262$1,65006250Northeastern Connecticut Planning Region, CT21.9%$1,724$2,190

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Connecticut research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 06359?

ZIP 06359 (Northeastern Connecticut Planning Region, CT) has 5,154 residents, 2,051 households, a renter share of 7.9%, median household income of $115,069, and ACS 2023 median gross rent of $1,224. Vacancy is 9.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 06359?

ACS counts 0 units in 2-unit buildings, 52 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 52 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 06359?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,900. See the full schedule and 90–110% payment-standard band on the ZIP 06359 — North Stonington, CT HUD Section 8 Payment Standards / SAFMR.

Does this Connecticut ZIP profile include Georgia listings?

No. ZIP 06359 is Census / HUD research for Northeastern Connecticut Planning Region, CT. Jeff Crowe CRE does not list Connecticut property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.