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Stamford city, CT

ZIP 06902 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 06902

Median Home Value
$515,000
Median Rent
$1,882
Affordability Snapshot
$142,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,308/mo PITI).

24%
Rent-to-Income Ratio

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

5.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

22.8 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 06902 in Stamford city, CT, a household would need roughly $142,000 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 $3,308. That is about 53% above the local median household income ($92,527), so the median earner would likely stretch or need a larger down payment. 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
40.9%-37% vs US avg
x
Vacancy Rate
5.8%-44% vs US avg
x
Broadband Access
91.6%+5% vs US avg
x
4+ Bedrooms
3.8%-74% vs US avg
x
Built Pre-1939
4.7%-63% vs US avg
x
Built Post-2014
1.0%-85% vs US avg
x
Rent Burden >30%
23.3%-53% vs US avg
x
Mortgage-Free
31.9%-17% vs US avg
x
$515,000
Home Value
$1,882
Rent
1975
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached21.9%
  • 1-unit attached9.6%
  • 2-9 units26.7%
  • 10+ units41.6%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$515,000
Median rent$1,882
Owner-occupied40.9%
Vacant5.8%
Price-to-income5.6x
Est. income to buy$142,000