Housing market/Connecticut/ZIP 06415

ACS 2023 · FY2027 SAFMR

ZIP 06415 Colchester, Connecticut

Norwich-New London-Willimantic, CT MSA · Connecticut. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
16,075
Households
6,381
Median HH income
$119,656
Renter share
21.1%
Median gross rent
$1,398
Vacancy
9.1%
Pop. change
-3.4%
2BR SAFMR
$1,930
SAFMR / rent
1.381×
2–49 unit stock
1,174
LIHTC proj / units
5 / 253
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 06415 · CT — sent to you.

ZIP 06415 · CT

ACS median rent$1,398
2BR SAFMR$1,930
90% floor$1,737
110% ceiling$2,123

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

Housing stock

ACS 2023 units-in-structure · ZCTA 06415

  • 1-unit detached5,50278.4%
  • 1-unit attached2113.0%
  • 2–4 units4866.9%
  • 5–49 units6889.8%
  • Mobile1321.9%
TypeUnitsShare
1-unit detached5,50278.4%
1-unit attached2113.0%
2 units (duplex)2673.8%
3–4 units2193.1%
5–9 units5527.9%
10–19 units951.4%
20–49 units410.6%
50+ units00.0%
Mobile1321.9%

2–4 unit share 6.9% · 5–49 unit share 9.8% · combined 2–49 16.7%.

Units by bedrooms

Studio
67
1BR
558
2BR
1,886
3BR
2,961
4BR
1,461
5+
86

Rent burden

Rent ≥30% of income41.7%
Rent ≥50% of income26.6%
  • ACS median gross rent $1,398 (all bedrooms, occupied rentals).
  • Median contract rent $1,116.
  • Renters paying ≥30% of income 41.7%; ≥50% 26.6%.
  • FY2027 2BR SAFMR $1,930 (1.381× ACS median gross rent).

Population

16,075 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.4%.

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

Assisted inventory

  • LIHTC: 5 projects, 253 units.
  • 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 06415 21.1% of occupied households are renters; vacancy is 9.1%; ACS median gross rent is $1,398; population changed -3.4% between the 2018 and 2023 ACS vintages; the housing stock includes 486 units in 2–4-unit structures and 688 units in 5–49-unit structures; 5 LIHTC projects totaling 253 units; FY2027 2BR SAFMR is $1,930 versus ACS median gross rent of $1,398. 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 06415 is a Census / HUD profile for Norwich-New London-Willimantic, CT. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

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 06415?

ZIP 06415 (Norwich-New London-Willimantic, CT MSA) has 16,075 residents, 6,381 households, a renter share of 21.1%, median household income of $119,656, and ACS 2023 median gross rent of $1,398. Vacancy is 9.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 06415?

ACS counts 267 units in 2-unit buildings, 219 in 3–4 unit buildings, 552 in 5–9, 95 in 10–19, and 41 in 20–49. Combined 2–49 unit stock is 1,174 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 06415?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,930. See the full schedule and 90–110% payment-standard band on the ZIP 06415 — Colchester, CT HUD Section 8 Payment Standards / SAFMR.

Does this Connecticut ZIP profile include Georgia listings?

No. ZIP 06415 is Census / HUD research for Norwich-New London-Willimantic, CT MSA. 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.