Surrounding Submarket Area
Waterbury, Connecticut is a part of the Naugatuck/Waterbury Submarket submarket area, and contains 16 zip codes, including: 06721, 06708, 06704, 06705, 06701, and 06706.
Waterbury Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Waterbury, CT submarket area was $1,061, which is 6.31% lower than 2014 average rent. This represents a compounded annual growth rate of 1.23%. 2019 vacancy in Waterbury, CT was 4.20%.
The total population of the city of Waterbury, CT has decreased 2.06% since 2010. As of 2018, the population was 108,093. The median household income of the Waterbury was $41,617, which is 30.98% lower than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Naugatuck / Waterbury Submarket
$1,061
6.31%
4.20%
$41,617
108,093
-2.06%
30.98%
06701 06702 06703 06704 06705 06706 06708 06710 06720 06721 06722 06723 06724 06725 06726 06749
Submarket Area Naugatuck / Waterbury Submarket
Avg Rent $1,061
Rent Growth 6.31%
Vacancy 4.20%
Median Income $41,617
Population (2018) 108,093
Population Growth -2.06%
Vs. Nat’l Avg 30.98%
Zip Codes 06701 06702 06703 06704 06705 06706 06708 06710 06720 06721 06722 06723 06724 06725 06726 06749