JeffCroweCRE

Housing market/Connecticut/ZIP 06716

ACS 2023 · FY2027 SAFMR

ZIP 06716 Wolcott, Connecticut

Waterbury-Shelton, 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
16,058
Households
6,021
Median HH income
$114,529
Renter share
13.0%
Median gross rent
$1,650
Vacancy
5.0%
Pop. change
-3.6%
2BR SAFMR
$2,510
SAFMR / rent
1.521×
2–49 unit stock
372
LIHTC proj / units
—
HUD assisted MF
3 / 188

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 06716 · CT — sent to you.

ZIP 06716 · CT

By checking this box you agree that you may be referred to another real estate broker or related service and acknowledge that CENTURY 21 The Avenues licensees and/or affiliates may be paid a valuable consideration for facilitating such referral.

ACS rent vs 2BR SAFMR

ZIP 06716 — Wolcott, CT HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,650
2BR SAFMR$2,510
90% floor$2,259
110% ceiling$2,761

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

Housing stock

ACS 2023 units-in-structure · ZCTA 06716

  • 1-unit detached5,74190.8%
  • 1-unit attached1943.1%
  • 2–4 units540.9%
  • 5–49 units3185.0%
  • 50+ units140.2%
TypeUnitsShare
1-unit detached5,74190.6%
1-unit attached1943.1%
2 units (duplex)170.3%
3–4 units370.6%
5–9 units1712.7%
10–19 units611.0%
20–49 units861.4%
50+ units140.2%
Mobile00.0%

2–4 unit share 0.9% · 5–49 unit share 5.0% · combined 2–49 5.9%.

Units by bedrooms

Studio
47
1BR
220
2BR
852
3BR
3,746
4BR
1,149
5+
323

Rent burden

Rent ≥30% of income40.8%
Rent ≥50% of income29.4%
  • ACS median gross rent $1,650 (all bedrooms, occupied rentals).
  • Median contract rent $1,363.
  • Renters paying ≥30% of income 40.8%; ≥50% 29.4%.
  • FY2027 2BR SAFMR $2,510 (1.521× ACS median gross rent).

Population

16,058 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.6%.

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: 3 properties, 188 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 06716 13.0% of occupied households are renters; vacancy is 5.0%; ACS median gross rent is $1,650; population changed -3.6% between the 2018 and 2023 ACS vintages; the housing stock includes 54 units in 2–4-unit structures and 318 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,510 versus ACS median gross rent of $1,650. 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 06716 is a Census / HUD profile for Waterbury-Shelton, CT. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 06716 — Wolcott, CT HUD Section 8 Payment Standards / SAFMR·Connecticut ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
06011Waterbury-Shelton, CT MSA——$1,71006032Waterbury-Shelton, CT MSA26.4%$1,828$2,45006062Waterbury-Shelton, CT MSA32.5%$1,090$1,56006401Waterbury-Shelton, CT MSA41.2%$1,405$1,81006403Waterbury-Shelton, CT MSA16.6%$1,886$2,33006410Waterbury-Shelton, CT MSA12.5%$1,288$1,66006418Waterbury-Shelton, CT MSA38.1%$1,453$1,78006451Waterbury-Shelton, CT MSA43.9%$1,207$1,85006468Waterbury-Shelton, CT MSA5.9%$1,466$2,26006477Waterbury-Shelton, CT MSA11.1%$2,016$2,80006478Waterbury-Shelton, CT MSA8.9%$1,411$1,72006479Waterbury-Shelton, CT MSA16.0%$1,858$2,640

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 06716?

ZIP 06716 (Waterbury-Shelton, CT MSA) has 16,058 residents, 6,021 households, a renter share of 13.0%, median household income of $114,529, and ACS 2023 median gross rent of $1,650. Vacancy is 5.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 06716?

ACS counts 17 units in 2-unit buildings, 37 in 3–4 unit buildings, 171 in 5–9, 61 in 10–19, and 86 in 20–49. Combined 2–49 unit stock is 372 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 06716?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,510. See the full schedule and 90–110% payment-standard band on the ZIP 06716 — Wolcott, CT HUD Section 8 Payment Standards / SAFMR.

Does this Connecticut ZIP profile include Georgia listings?

No. ZIP 06716 is Census / HUD research for Waterbury-Shelton, 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.