ZIP Code 06708 — Waterbury city, CT Demographics & Data

ZIP code 06708 covers Waterbury, CT in New Haven County with a population of about 29,103.

At a glance, the area shows median age of 37.0 versus a U.S. median of about 38.9.

It sits in telephone area codes 203, 475; U.S. House district CT-5; the HARTFORD & NEW HAVEN media market.

Waterbury, CT sits in a university / college context (near post university (1.2 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 06708 is about $63,705 — about 15% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 16.4%; unemployment rate near 6.9%; 22.0% of adults with a bachelor’s degree or higher (about 11.7 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Manufacturing; about 8.0% of workers reporting work-from-home (about 7.2 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $196,700 — about 43% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $949 (about 18% below the U.S. median rent ($1,163)), and owner-occupancy near 54.9% (about 10.5 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 06708 in Waterbury, CT, a household would need roughly $54,000 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 $1,264. That sits below the local median household income ($63,705), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate normals for Waterbury city, CT show little to no average snow and around 44.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,606 for ZIP 06708 (Waterbury city, CT) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.