US5.com
  1. Home
  2. States
  3. Connecticut
  4. ZIP 06704
  5. Housing & Real Estate
Waterbury city, CT

ZIP 06704 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 06704

Median Home Value
$178,500
Median Rent
$881
Affordability Snapshot
$49,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,147/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

16.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 06704 in Waterbury city, CT, a household would need roughly $49,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,147. That is roughly in line with the local median household income ($47,848). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
43.0%-34% vs US avg
x
Vacancy Rate
8.4%-18% vs US avg
x
Broadband Access
84.4%-3% vs US avg
x
4+ Bedrooms
3.9%-74% vs US avg
x
Built Pre-1939
7.5%-42% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
32.9%-34% vs US avg
x
Mortgage-Free
35.3%-8% vs US avg
x
$178,500
Home Value
$881
Rent
1957
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached39.1%
  • 1-unit attached3.3%
  • 2-9 units45.5%
  • 10+ units11.7%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$178,500
Median rent$881
Owner-occupied43.0%
Vacant8.4%
Price-to-income3.7x
Est. income to buy$49,000